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3754 Rochester Rd
Troy, MI 48083 Rochester Road

$2,636,000 USD

Bank For Sale  •  4,200 SF

Property Details

  • Property Type Bank
  • Total Building Size 4,200 SF
  • Lot Size 1.56 AC
  • Year Built 2005
  • Cap Rate 5.50 %
  • Tenancy Single
0 Transit Score
50 Walk Score

Highlights

Fifth Third Bank – Absolute NNN Ground Lease – 100% leased with zero landlord responsibilities
Investment Grade Tenant (S&P: A- | NASDAQ: FITB) – Backed by one of the nation’s largest regional banking institutions
7.2 Years of Firm Lease Term Remaining – Stable in-place cash flow with no near-term rollover risk
Four 5-Year Renewal Options with 10% Rent Increases – Built-in contractual rent growth providing long-term income escalation and inflation hedge
Exceptional Traffic Exposure – Positioned along Rochester Road (48,110 VPD) with immediate proximity to Interstate 75 (127,758 VPD)
Strong In-Place Branch Deposits ($103M+) – Significant branch deposit base demonstrates strong operating performance

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Fifth Third Bank 4,200 SF 7/31/2033

Amenities

  • Energy Star Labeled

Public Transportation

Commuter RailDriveWalkDistance
Troy Amtrak Station (Wolverine - Amtrak) 11 min - 5.3 mi
Royal Oak Amtrak (Wolverine - Amtrak) 15 min - 8.5 mi
AirportDriveWalkDistance
Windsor International 46 min - 28.4 mi
Detroit Metro Wayne County 51 min - 38.0 mi
Spencer O'Donnell 714-400-6267 Charter Realty Company
Spencer O'Donnell 714-400-6267 Charter Realty Company