Property summary
This exceptional 42,000-square-foot industrial flex space in Rochester Hills, Michigan, presents a unique opportunity. Situated on a 2.02-acre lot at 1757 Northfield Drive (cross streets: M-59/Crooks Road), this single-tenant building boasts a desirable blend of warehouse, R&D, and flex space functionality. Built in 1987, the two-story structure features a striking black glass facade, a 20-foot ceiling height in the high-bay shop area, and ample parking (110 spaces). The property includes a convenient overhead drive-in door, 1000 amps of 240-volt power, and recently updated interiors. The building's impressive amenities include a two-story lobby with marble floors and a central skylight, an elevator, a well-lit clear-span engineering area with windows at either end, a conference room with a full kitchen (16' x 40'), an executive office with a fireplace and private bath, and a workout gym complete with restrooms and showers. Zoned REC-W, this property is ideally suited for research and development, engineering, technical training, medical offices, or medical clinics. The property is currently vacant and offers a compelling incentive: one month of free rent for every two years of a new lease. The APN is 1528377021.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
II · Rochester Hills, MIZoning
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Zoning designation
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