Troy Shopping Center

For Sale

5322 Crooks Road, Troy, MI 48098

This Troy property for sale is located at 5322 Crooks Road. The current listed sale price for Troy Shopping Center is $5,309,476.

Contacts

broker
Deno Bistolarides

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 9,766 SF
  • Date Updated Jul 23, 2025
Located in the bustling city of Troy, the area surrounding The Shoppes of Troy offers a prime investment opportunity for Retail and Street Retail investors. This vibrant community is known for its strong economy, affluent population, and diverse retail landscape. Nearby, renowned destinations like Somerset Collection, Troy Historic Village, and Boulan Park provide ample opportunities for shopping, entertainment, and recreation. With a strategic location and a wealth of nearby points of interest, the property presents an ideal prospect for those seeking to capitalize on the dynamic retail environment and the thriving community of Troy, MI..
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Highlights

  • Class A, Fully-Leased Retail Center - 100% occupancy with a strong mix of national and regional tenants including Chipotle, PT Solutions, Beyond Juicery, and others.
  • Dense, High-Income Trade Area - 5-mile population of over 205,000 residents and average household income of $151,277.
  • High-Profile National Credit Anchor - Chipotle occupies 25% of the building and is publicly traded (NYSE: CMG), operating over 3,500 corporate-owned locations nationwide.
  • Modern Construction & Prime Frontage - Built with 9,766 SF of high-visibility retail space on a well-trafficked corridor near major employers and complementary retail.
  • Net lease structure with minimal landlord obligations—ideal for passive investors seeking stable, low-touch returns.
  • Stable, Long-Term Cash Flow - Current Net Operating Income (NOI): $345,116 Weighted average lease term provides predictable income with staggered expirations through 2032.
  • Trophy Location in Affluent Submarket - Situated in Troy, Michigan, one of Oakland County’s wealthiest cities with an average 1-mile household income of $178,740.

Getting around

  • 26/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Troy, MI
  • Zip Code 48098
  • Market Detroit

Points of Interest

  • Troy

    3.84 miles

  • Pontiac

    6.83 miles

  • Royal Oak

    7.43 miles

  • Mobil

    0.97 miles

  • Marathon

    1.17 miles

  • Kroger

    1.81 miles

  • Shell

    1.86 miles

  • Sunoco

    2.02 miles

  • BP

    2.36 miles

  • ChargePoint

    2.49 miles

  • EV Charging LLC

    3.71 miles

  • EVgo

    4.04 miles

  • Blink

    6.01 miles

  • Car Pool Parking

    2.30 miles

  • Somerset Parking Lot

    2.33 miles

  • Leach Road Trailhead Parking Lot

    3.50 miles

  • Park Street Structure

    4.01 miles

  • SP Parking

    4.09 miles

  • QPark

    4.12 miles

  • 222 Peabody Parking

    4.13 miles

  • Lot 7 Student and Visitor Parking

    4.39 miles

  • Lot 8 Staff and Disabled Parking

    4.41 miles

  • Lot 14 Student and Visitor Parking

    4.43 miles

  • Chipotle

    0.00 miles

  • Shiromaru Sushi & Ramen

    0.09 miles

  • Jimmy John's

    0.09 miles

  • Cedar Grille

    0.10 miles

  • Papa Romano's Pizza & Mr. Pita

    0.12 miles

  • Kerby's Koney Island

    0.13 miles

  • Red Robin

    0.15 miles

  • Panera Bread

    0.29 miles

  • Loccino Italian Grill and Bar

    0.40 miles

  • Breakaway Deli

    0.96 miles

  • Kroger

    1.03 miles

  • Sunset Plaza Shopping Center

    1.08 miles

  • Macy's

    2.38 miles

  • Somerset Collection North

    2.42 miles

  • Nordstrom

    2.44 miles

  • Nino Salvaggio's

    2.55 miles

  • Neiman Marcus

    2.58 miles

  • Somerset Collection South

    2.60 miles

  • Saks Fifth Avenue

    2.62 miles

  • Meijer

    3.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Deno Bistolarides

Encore Real Estate Investment Services

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