For Sublease > 12,000 RSF Industrial Space — Lease in Troy, MI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Troy, MI 48083

Description

Industrial | For Sublease: 12,000 SF 12,000 SF AvailableExterior TruckwellCompressed Air LinesIntegrated Industrial Key Facts Bryan Barnas Vice President Detroit License #: 6505287317 +1 248 226 1638 Call Now +1 248 226 1638 +1 810 623 8013 Call Mobile +1 810 623 8013 License #: 6505287317 Michael Yamada Executive Vice President Detroit License #: 6501268781 +1 248 226 1880 Call Now +1 248 226 1880 +1 248 789 2248 Call Mobile +1 248 789 2248

Market Context

This industrial in Troy, MI is listed for lease. It has been on the market for 176 days. Compare it against other industrial listings for lease in Troy, MI — view the full market.

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: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.

Estimated Market Rate

$0.48/SF/mo – $0.64/SF/mo

Mid: $0.56/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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