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1438 N Crooks Rd 15,000 SF 79% Leased Industrial Building Clawson, MI 48017 $2,815,552 CAD ($187.70 CAD/SF)



Investment Highlights
- 15,000 SF warehouse/office building
- Existing rents are well below market, creating substantial income growth potential
- Month-to-month tenants allow for rapid repositioning and rent adjustments
- Warehouse, office, mezzanine, and storage space accommodate various uses
- 79% Occupied – Immediate cash flow with additional leasing and revenue opportunities
- Seven (7) overhead doors and four (4) individual secure storage spaces for vehicles
Executive Summary
1438 N. Crooks Road presents a rare opportunity to acquire a well-maintained 15,000 SF multi-tenant flex property in one of Oakland County's most desirable
commercial corridors. Strategically positioned along Crooks Road with over 30,000 vehicles passing daily, the property combines immediate cash flow with
substantial value-add potential through rental rate adjustments, lease restructuring, and occupancy optimization.
Currently occupied by eight tenants on predominantly month-to-month leases, the property offers investors a unique opportunity to reposition the asset and bring rents closer to market levels. Existing rental rates are significantly below prevailing market rents, creating an attractive pathway to increased cash flow and long-term appreciation. For owner-users, the flexible configuration provides the ability to occupy a portion of the property while maintaining income from existing tenants or gradually expand operations as space becomes available.
The property features a 10,000 SF warehouse component with 20-foot clear heights, seven overhead doors, secure vehicle storage, and a 5,000 SF mezzanine, complemented by approximately 5,000 SF of office space configured into multiple suites. Recent capital improvements, including a newer parking lot, reduce near-term maintenance concerns while enhancing the property's curb appeal and functionality
commercial corridors. Strategically positioned along Crooks Road with over 30,000 vehicles passing daily, the property combines immediate cash flow with
substantial value-add potential through rental rate adjustments, lease restructuring, and occupancy optimization.
Currently occupied by eight tenants on predominantly month-to-month leases, the property offers investors a unique opportunity to reposition the asset and bring rents closer to market levels. Existing rental rates are significantly below prevailing market rents, creating an attractive pathway to increased cash flow and long-term appreciation. For owner-users, the flexible configuration provides the ability to occupy a portion of the property while maintaining income from existing tenants or gradually expand operations as space becomes available.
The property features a 10,000 SF warehouse component with 20-foot clear heights, seven overhead doors, secure vehicle storage, and a 5,000 SF mezzanine, complemented by approximately 5,000 SF of office space configured into multiple suites. Recent capital improvements, including a newer parking lot, reduce near-term maintenance concerns while enhancing the property's curb appeal and functionality
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Property Facts
Amenities
- Mezzanine
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-33-101-011 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $497,977 CAD |
Property Taxes
Parcel Number
20-33-101-011
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$497,977 CAD
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1438 N Crooks Rd
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