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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

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Property Facts

Price $2,815,552 CAD
Price Per SF $187.70 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.83 AC
Rentable Building Area 15,000 SF
No. Stories 1
Year Built 1967
Parking Ratio 1.4/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 2
Zoning BRD-2 - Industrial

Amenities

  • Mezzanine
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
20-33-101-011
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$497,977 CAD
  • Listing ID: 41379396

  • Date on Market: 2026-07-21

  • Last Updated:

  • Address: 1438 N Crooks Rd, Clawson, MI 48017

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