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Downtown Rochester Office Suite For Rent

116 TERRY AVE, Rochester, MI 48307

For Lease
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First-floor office suite with private entrance and utilities included.

Space Size4,678 SF
Days on Market170

Property Features for 116 TERRY AVE

General Information

Standard status Active
Size 4,678 SF
Property subtype Office

Building Details

Building Size 4,678 SF
Year Built 1988
Tenancy Single

Spaces For Lease

at 116 TERRY AVE
Space 1 Active
Size 4,678 SF
Type Office
Lease Type Gross
Contact us
Listing Agency: The Doctors Of Real Estate
Listed By: Charles Tamou · License MI #6505431212
Source: Crexi
Added: May 26 Changed: Aug 8 Last Checked: Aug 25 at 9:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Doctors Of Real Estate

Rey
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Investment Insights

Based on property information with market context.

A well-maintained first-floor office suite is available for rent in downtown Rochester. The suite features a private entrance and a private bathroom. Lighted signage faces Rochester Rd. The rental rate includes utilities. The space is situated among established long-term tenants in a professional setting.

Key Highlights

  • Prime downtown Rochester location.
  • Private entrance and bathroom.
  • Utilities included in rent.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Smirman IP Law Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Florist Tanning Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,404
Businesses Nearby

Demographics for 48307, MI

44,673
Population
19,493
Households
2.3
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
15.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$105,118
Median Household Income
$61,528
Median Earnings
$1,499
Median Rent
$329,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Rochester, MI

$18.7 /SF/Yr
Avg Asking Price
$13–$34 /SF/Yr
Price Range
2,058 SF
Avg Space Size

Properties on Market for Office Units in Rochester

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - First-floor office suite with private entrance and utilities included.
Where is this office unit located?
The property is located at 116 TERRY AVE Rochester, MI.
What are key features of this property?
This property features: Prime downtown Rochester location.; Private entrance and bathroom.; Utilities included in rent.
(586) 202-0499 Call to check price and availability
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