City Center Collection 3 Properties Offered at $201,571,000 in Troy, MI



INVESTMENT HIGHLIGHTS
- The City Center Collection comprises 15 retail spaces, an office tower, and a 286-unit apartment building.
- A stabilized and income-generating multi-asset portfolio with significant income projection and revenues.
- Highly visible and easily accessible with over 1,100 feet of frontage on Big Beaver Road.
- The retail spaces are occupied by internet-resistant tenants and restaurants.
EXECUTIVE SUMMARY
As the exclusive advisor, the Jonna Group of Colliers is pleased to present the premier portfolio of the City Center Collection. It is a diverse portfolio and strategically located in Troy, Michigan. This investment opportunity offers a blend of retail, office, and residential assets within a highly affluent community in Michigan and across the United States. Spanning nearly 600,000 total commercial square feet, the City Center Collection is a large-scale, stabilized asset presented as an investor's next opportunity for multi-revenue income streams.
PROPERTY FACTS
Price | $201,571,000 |
Price / SF | $345.67 / SF |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 3 |
Total Building Size | 583,133 SF |
Total Land Area | 38.67 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
888 W Big Beaver Rd, Troy, MI 48084 | Office | 360,769 SF | 1978 | $52,171,000 |
Zen City Center
177 Wilshire Dr, Troy, MI 48084 |
Multifamily | 160,000 SF | 2021 | - |
Troy City Center
700-736 W Big Beaver Rd, Troy, MI 48084 |
Retail | 62,364 SF | 2019 | $42,800,000 |
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