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11349119
11349121

127 W University Dr, Rochester, MI 48307

DC
MI 280041
Berkshire Hathaway HomeServices Kee Realty
Listed by Berkshire Hathaway HomeServices Kee Realty
$2.16/SF/MO
254 days on market
Updated 110 days ago

Office

Building Details
Property Type Retail, Office
Sub Type Traditional Office, Coworking (+2)
Tenancy Single
Lease Type NNN
Class B
Total Building SqFt 3,391
Year Built 1902

Spaces

Retail | Single tenant | 3,391 SqFt

Building description

Excellent opportunity to be part of Downtown Rochester and have ideal exposure to the Greater Rochester community. Totally updated throughout in 2015, this two-story building is located in the heart of downtown Rochester facing both University and Walnut Street. Rochester Public parking structure is conveniently located next to the building. Currently used for an insurance company, this facility is also designed for any kind of office environment. Perfect for insurance, financial planning and financial services, real estate, title company, property mgmt., service-related businesses -- the list of opportunities is endless. Lease is a triple net lease with monthly rent at $7340/mo. with annual cost of living increases, plus $2,115/mo. which inc. the following expenses: snow and grass care, insurance, property taxes, exterior maintenance. Tenant can pay these expenses, or owner/landlord will collect the $2,115/mo. with the monthly rent and pay the expenses. Preferred lease term is a minimum of 36-60 months. Tenant pays all utilities. Building has 2 floors with 2 furnaces and zoned heat. First floor is 1950 sq. ft. and 2nd floor is 1441 sq. ft. First floor includes the following: 5 private offices, men & women's bathrooms, 2 conference rooms, kitchen, receptionist area, 22x13 common area for additional work stations. Second floor includes: 4 offices with room for multiple workstations in each, 1 bathroom, 16x16 common area with fireplace for waiting rm./clients, receptionist/additional workstations or conference rm. Building has welcoming 39x8 composite covered porch with handicap ramp. There are very few buildings in Rochester that have been renovated to the extent of this building and also offer the public exposure every business owner desires. Building is currently 100% leased and will be available for occupancy to the new tenant on April 1, 2026.

Building highlights

Two separate floors can handle 2 different offices/businesses. Fully updated both cosmetically and mechanically in 2015. Little exterior maintenance for building.

Listing Contacts

DC
MI 280041
Berkshire Hathaway HomeServices Kee Realty
Listed by Berkshire Hathaway HomeServices Kee Realty

Map

Property History

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Additional Information

Name
Debbie Corey
License
280041
Brokerage
Berkshire Hathaway HomeServices Kee Realty
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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