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    OFF-MARKET Estimated value $5,980,000
    Medical Office Space

    1000 University Dr, Rochester, MI 48307-1873

    36,195 SF 2.3 ac lot Built 1971
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US43-0064768
    Property summary
    AI-generated overview

    University Trails, located at 1000 W University Dr in Rochester Hills, MI 48307, offers exceptional medical office space for lease. This Class B building totals 13,597 square feet and currently has 10,186 square feet available. The property is ideally suited for multiple tenants, with flexible space options ranging from a minimum of 1,336 square feet to a maximum contiguous space of 6,533 square feet. Four individual suites are currently available, providing ample opportunity for various medical practices or professional services. The building's convenient location in Rochester Hills offers easy access for patients and staff alike. The property is categorized as both Medical Office and Professional Office, making it versatile and suitable for a range of healthcare and professional businesses. Interested parties are encouraged to inquire about lease terms and availability for these well-situated and adaptable medical office spaces. The building's address is easily accessible via major roadways, ensuring convenient commutes for both employees and clients. The available space presents a unique opportunity to establish or expand a medical practice in a thriving community. The flexible layout allows for customization to meet the specific needs of various medical specialties. Don't miss this chance to secure prime medical office space in a desirable location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1971
    Total area 36,195 SF
    Lot 2.3 ac (100,188 SF)
    Zoning code BI
    APN 68-15-10-376-006
    UPID US43-0064768
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Crittenton Medical PLaza Medical Clinic
    • Dr. Matthew A. Papsin, DMD Dental Office
    • Catania Anthony J DDS Dental Office
    • Dr. Bernard Schwartz, DDS Dental Office
    • Kirk Carolyn Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $7.32M
    Blend (final) Blend
    $5.98M
    Owner & transaction history
    1000 University LLC · 6 yrs held
    1000 University LLC
    since 2020
    7 recorded transactions
    2022
    2021
    2020
    2012
    2010
    2007
    $150,000
    2006
    $5.5M
    Zoning & alternative use
    BI · Rochester, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $6.3M +9.7%
    Retail stores $6.1M +6.9%
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