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    Property profile & analytics
    OFF-MARKET Estimated value $505,000
    Turn key restaurants

    3325 University Dr, Auburn Hills, MI 48326-2363

    5,405 SF 1.78 ac lot Built 2000
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0215072
    Property summary
    AI-generated overview

    University Shoppes, a new retail development, offers exceptional leasing opportunities. Projected completion is the first quarter of 2025. This 7,110 square foot center features four suites, with a minimum divisible space of 1,415 square feet and a maximum contiguous space of 2,286 square feet. Currently, 6,950 square feet are available for lease. The property boasts a highly desirable location just west of Oakland University, boasting an enrollment exceeding 21,000 students, and in close proximity to Baker College, both situated on University Drive. The strategic location benefits from over eight million square feet of nearby office space, including the Chrysler World Headquarters, creating a robust customer base. This presents a unique chance for fast-casual restaurants and neighborhood service retailers to establish themselves in a market currently lacking sufficient retail options. The site offers excellent visibility and accessibility from University Drive and the convenient I-75 freeway interchange. Ample parking is available with 69 spaces. This development is poised to capitalize on the significant student population and thriving business community in the area. Contact us today to secure your space in this promising retail center.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2000
    Total area 5,405 SF
    Lot 1.78 ac (77,537 SF)
    Zoning code B-2
    APN 02-14-13-176-008
    UPID US43-0215072
    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
    • Auburn Co. Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $559k
    Blend (final) Blend
    $505k
    Owner & transaction history
    123 Boys LLC · 3 yrs held
    123 Boys LLC
    since 2022
    7 recorded transactions
    2024
    2022
    2019
    2017
    2001
    2001
    $800,000
    1999
    Zoning & alternative use
    B-2 · Auburn Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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