Listing Agency: Signature Associates Southfield j***@signatureassociates.com Show Phone

Listed By: John Boyd · License #MI 6502132725

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:26PM

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Investment Insights

Based on property information with market context.

This office building contains 35,067 SF and is offered for sale. The property is located at 1095 Crooks Road in Troy, Michigan, within ZIP code 48084. The listing reflects an 8.18% CAP rate.

Key Highlights

• 35,067 SF office building
• 8.18% CAP rate
• Located at 1095 Crooks Road, Troy, MI 48084

Property Analytics

Property Profile

Current Use

Healthy Living Pharmacy Pharmacy Sun Tel Services IT Consulting Firm CBTS Telecommunications Service BDL Steelwell Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hotel & Motel Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

831

Businesses Nearby

Explore this area Business Placement

Demographics for 48084, MI

16,364

Population

7,402

Households

2.2

Avg Household Size

37

Median Age

73%

College-Educated

99%

High-School Grad

6.2 sq mi

ZIP Area

2,639

Density / Sq Mi

$106,004

Median Household Income

$71,494

Median Earnings

$1,648

Median Rent

$420,000

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office property offered for sale with substantial floor area.

Where is this office building located?

The property is located at 1095 Crooks Road Troy, MI.

What are key features of this property?

This property features: 35,067 SF office building; 8.18% CAP rate; Located at 1095 Crooks Road, Troy, MI 48084