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    2040 Crooks Rd Troy, MI 48084

    Sponsored
    For Lease
    $9 SF/Yr

    Modern Flex Space, 20K+ SF Available

    Lot size:
    39,071 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 39,071 square foot industrial property, built in 1989 and renovated in 2014, offers 20,069 square feet of immediately available flex space for lease in Troy, Michigan. The space boasts a flexible layout, combining 9,600 square feet of warehouse/lab space with 10,469 square feet of office space. The office area features 4,189 square feet of open workspace currently configured with 31 cubicles, four private offices, and three conference rooms. The clear-span design allows for adaptable configurations, potentially converting portions of the lab/office space into additional warehouse area as needed. The entire building is fully air-conditioned and benefits from recent upgrades including LED lighting and modern fixtures. Located in Oakland County with convenient access to I-75 and prominent signage on Crooks Road between Maple and Big Beaver, this property offers excellent corporate visibility. The building features a 22'/19' ceiling height, one dock-high door, and 131 total parking spaces. The property is zoned for light industrial use and has a quiet film school as a neighboring tenant, ensuring a peaceful work environment. The asking lease rate is $9.00 per square foot per year, NNN. Net lease rates are available upon request. The building's soundproofing contributes to a quiet and productive atmosphere. Power is supplied by a 2000 amp, 600-volt, 3-phase system.

    Property Features for 2040 Crooks Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,071 SF
    Total Rate
    29303.25

    Building Details

    Year Built/Renovated
    1989/2014
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    20,069 SF
    Rate per SF
    $9
    Space
    Suite B
    Size
    20,069 SF
    Rate per SF
    $9

    HighLights

    • 20,069 SF of flex space available for lease in Troy, MI, including 9,600 SF of warehouse/lab space.
    • 10,469 SF of office space featuring 4,189 SF of open area with 31 cubicles, 4 private offices, and 3 conference rooms.
    • Flexible layout allows conversion of lab/office space to warehouse space.
    • Fully air‑conditioned building with LED lighting and recent renovations (2014).
    • Quiet film school neighbor in a soundproofed building.
    • Excellent I‑75 access and prominent Crooks Road signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motion Picture Institute Technical School Integrated Staffing Solutions Employment Agency Warehouse Car-Truck Donation ... Corporate Office Storm Lake Capital Financial Consultant a group company of MITSUBISHI ... Corporate Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1660576
    Latitude
    42.5523586

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    FAQs

    What type of property is this?
    Distribution property - Modern Flex Space, 20K+ SF Available
    Where is this distribution property located?
    The property is located at 2040 Crooks Rd Troy, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 20,069 SF of flex space available for lease in Troy, MI, including 9,600 SF of warehouse/lab space.; 10,469 SF of office space featuring 4,189 SF of open area with 31 cubicles, 4 private offices, and 3 conference rooms.; Flexible layout allows conversion of lab/office space to warehouse space.
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    Troy, MI 48084
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2040 Crooks Rd Troy, MI 48084
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