3760 Rochester Rd Troy, MI 48083

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.