Fifth Third Bank Ground
3760 Rochester Rd, Troy, MI 48083
New
Single-tenant NNN ground lease in Troy, Michigan.
Type:Retail
Property size:
4,200 SFLot size:
1.55 AcresPrice / SF:
$627/SF- Added:
- May 23, 2026
- Days on Market:
- 6
- Last Refresh:
- May 27 at 8:21 am
Property Features for 3760 Rochester Rd
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Lot size
- 1.55 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agent Spencer O'Donnell License #01954051
Listing office Charter Realty
Listing date May 23, 2026
Source Crexi
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 Charter Realty
HighLights
- Absolute NNN ground lease offers truly passive ownership.
- Leased to Fifth Third Bank (S&P: A-) for stable income.
- Approximately 7.2 years of lease term remaining with renewal options.
- Exceptional branch deposit base exceeding $103 million.
- Strategically positioned on Rochester Road with high visibility and traffic near I‑75.
- Located in Troy, Michigan, an affluent suburb within the Detroit MSA.
Overview
This property offers the opportunity to acquire a single-tenant, absolute triple-net (NNN) ground lease occupied by Fifth Third Bank in Troy, Michigan. The property is 100% leased to Fifth Third Bank, National Association, an investment-grade rated financial institution (S&P: A-) and subsidiary of Fifth Third Bancorp (NASDAQ: FITB). The lease has approximately 7.2 years of firm lease term remaining with four additional 5-year renewal options, each containing 10% rental increases. The lease is structured as an absolute NNN ground lease with zero landlord responsibilities. The property is located at 3760 Rochester Road, along one of the area's primary commercial corridors with visibility and traffic exposure. The site benefits from approximately 48,110 vehicles per day along Rochester Road and proximity to Interstate 75, which carries approximately 127,758 vehicles per day. The branch's deposit base exceeds $103 million. Situated on a 1.55-acre parcel, the property is surrounded by residential communities, major employers, and a concentration of national retailers and service-oriented businesses, including Target, Meijer, Kroger, Starbucks, Chick-fil-A, Costco, Walmart, The Home Depot, and Lowe's. The surrounding corridor functions as a retail and commuter node serving Troy, Rochester Hills, Birmingham, and the broader northern Detroit suburbs. Troy is regarded as one of Michigan's business and retail markets, supported by an educated population, household incomes, and a diverse employment base. The property size is 4,200 square feet.
Location Intelligence
Current Use by Public Records
Banks
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.127189
- Latitude
- 42.574166
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - Single-tenant NNN ground lease in Troy, Michigan.
Where is this bank located?
The property is located at 3760 Rochester Rd Troy, MI.
What is the asking price?
The asking price for this property is $2,636,000.
What are key features of this property?
This property features: Absolute NNN ground lease offers truly passive ownership.; Leased to Fifth Third Bank (S&P: A-) for stable income.; Approximately 7.2 years of lease term remaining with renewal options.
