Office for Sale in Rochester Hills, MI

  • Price: $1.8M
  • Listing type: For sale
  • Asset type: Office
  • Location: Rochester Hills, MI 48306
  • Size: 12,383 SF
  • Year built: 1984

Description

Property Overview: This exceptional medical office building presents an unparalleled investment opportunity with its prime location, modern amenities, and strong tenant base. Situated on a spacious 1.75-acre lot, the property offers the potential for expansion to accommodate additional buildings, making it a versatile asset for future growth. Key Features: Stable Income Stream: The building boasts 3 NNN leases, ensuring a steady and reliable income for investors. Flexible Space: Comprising 7 units, the building currently has 2 vacancies, providing immediate leasing opportunities. Modern Infrastructure: A new roof was installed in 2023, and the parking lot has been recently sealed, reflecting the property’s well-maintained condition. Ample Parking: The property includes 72 parking spaces, accommodating high patient and staff traffic. High Visibility and Traffic: Located on a busy thoroughfare with a daily traffic count of 20,667 cars, the building benefits from excellent visibility. High-Income Demographics: The surrounding area boasts an average household income of over $130,000 within a 5-mile radius, ensuring a strong and affluent patient base. Dense Population: With 142,000 residents within a 5-mile radius, the location is ideal for medical services. Utilities: Each unit is separately metered for gas and electric, allowing for efficient utility management. Specialized Facility: Includes a radiation room, adding significant value for specialized medical practices. This medical office building offers a rare combination of modern amenities, a strategic location, and robust income potential. Don’t miss this opportunity to invest in a property that promises stability, growth, and a strong return on investment. Building SF: 12383 | Land Size: 1.75 Ac | Year Built: 1984 | Listing Type: FOR SALE

Market Context

This office in Rochester Hills, MI is listed for sale at $1,800,000 across 12,383 SF ($145/SF). The building dates to 1984. It has been on the market for 24 days. Compare it against other office listings for sale in Rochester Hills, MI — <a href="/search/sale/office/michigan/rochester-hills">view the full market</a>.

Unified Estimate

Low Confidence

$123.56/SF – $167.16/SF

Mid: $145.36/SF

Total estimate for 12,383 SF: $1,799,993

Rate estimator only; cost-of-business estimate unavailable.

Contact

Explore this market

Similar Office for Sale in Rochester Hills, MI