5296-5322 Crooks Rd - Storefront FOR SALE
Troy, MI 48098 |
$5,309,476 USD
248-702-0288
5296-5322 Crooks Rd
Troy, MI 48098
HIGHLIGHTS
- Class A, Fully-Leased Retail Center - 100% occupancy with a strong mix of national and regional tenants
- High-Profile National Credit Anchor - Chipotle occupies 25% of the building
- Stable, Long-Term Cash Flow
- Trophy Location in Affluent Submarket - Situated in Troy, Michigan, one of Oakland County’s wealthiest cities
- Modern Construction & Prime Frontage - Built with 9,766 SF of highvisibility retail space on a well-trafficked corridor
- Net lease structure with minimal landlord obligations—ideal for passive investors seeking stable, low-touch returns.
FOR SALE DETAILS
PRICE
$5,309,476 USD
PRICE/SF
$531 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Troy Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
11 AC
LAND SF
479,160 SF
ZONING
C
APN/PARCEL ID
20-09-302-001
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248-702-0288
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248-702-0288
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