Industrial Property for Lease in Troy, MI
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Troy, MI 48083
- Size: 3,726 SF
Description
Clean, well kept 5 building office/warehouse complex located at the end of Wheaton Ave. Great I-75 exposure. Suite 500: 3,726sf with +/- 1,823 sf of office, 12’ x 14’ grade level door.
Market Context
This industrial in Troy, MI is listed for lease across 3,726 SF. It has been on the market for 21 days. Compare it against other industrial listings for lease in Troy, MI — <a href="/search/lease/industrial/michigan/troy">view the full market</a>.
As of Q1 2026, the Detroit industrial market showed average asking rents near $5.79/SF/yr, rents up 4.6% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Industrial market FAQ
- What is the typical cap rate for industrial in Detroit?
- About 6.5% as of Q1 2026, per Consensus.
Unified Estimate
Medium Confidence$4.85/SF/mo – $6.57/SF/mo
Mid: $5.71/SF/mo
Total estimate for 3,726 SF: $21,275
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Chris Hill · 1248350-1192 · chris.hill@nmrk.com
- Chris Hill · 1248350-1192 · chris.hill@nmrk.com
- Teddy Okeefe · 1248447-2715 · teddy.okeefe@nmrk.com
- Geoff Hill · 1248350-1492 · geoff.hill@nmrk.com
Explore this market
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