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Lowe's 3277 Rochester Rd 135,000 SF Retail Building Rochester Hills, MI 48307 $11,820,000 ($87.56/SF) 5.50% Cap Rate
Investment Highlights
- Lowe’s occupies the property, providing investors with tenancy from a nationally recognized home improvement retailer.
- Extensive frontage along Rochester Road enhances the property's presence within one of Rochester Hills' established retail corridors.
- The surrounding area features a strong mix of residential neighborhoods, national retailers, and commercial development that supports ongoing consumer
- The asset is positioned at a signalized intersection along Rochester Road, offering visibility and convenient access for customers and deliveries.
- The freestanding building is supported by ample on-site parking and loading facilities designed to accommodate high-volume retail operations.
Executive Summary
3277 Rochester Rd presents an opportunity to acquire a single-tenant retail investment occupied by Lowe’s in Rochester Hills, one of Oakland County’s most established commercial corridors. The property benefits from extensive frontage along Rochester Road and visibility at a signalized intersection, supporting convenient customer access and strong market presence. The surrounding area is characterized by a mix of national retailers, residential neighborhoods, and regional commercial activity that contribute to consistent consumer traffic and long-term retail demand.
Constructed in 2007, the asset is improved with a freestanding retail building situated on a large commercial parcel with substantial on-site parking and loading capabilities. The property is being offered as a net leased investment, providing investors with an established retail tenancy and a recognizable national brand occupant. Its location within Rochester Hills offers direct connectivity to major business and residential areas throughout Oakland County, while proximity to regional transportation routes supports accessibility for both customers and operations.
The combination of a nationally recognized tenant, established retail positioning, and a highly visible location along one of the area's primary commercial thoroughfares creates a compelling investment profile. Investors may find value in the property's long-term occupancy potential, prominent roadway exposure, and placement within a mature retail trade area that continues to serve a broad consumer base. The asset's corner location, dedicated turn-lane access, and signalized intersection further enhance accessibility and visibility, reinforcing its role as a destination retail property within the Rochester Hills market.
Constructed in 2007, the asset is improved with a freestanding retail building situated on a large commercial parcel with substantial on-site parking and loading capabilities. The property is being offered as a net leased investment, providing investors with an established retail tenancy and a recognizable national brand occupant. Its location within Rochester Hills offers direct connectivity to major business and residential areas throughout Oakland County, while proximity to regional transportation routes supports accessibility for both customers and operations.
The combination of a nationally recognized tenant, established retail positioning, and a highly visible location along one of the area's primary commercial thoroughfares creates a compelling investment profile. Investors may find value in the property's long-term occupancy potential, prominent roadway exposure, and placement within a mature retail trade area that continues to serve a broad consumer base. The asset's corner location, dedicated turn-lane access, and signalized intersection further enhance accessibility and visibility, reinforcing its role as a destination retail property within the Rochester Hills market.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
135,000 SF
Building Class
C
Year Built
2007
Price
$11,820,000
Price Per SF
$87.56
Cap Rate
5.50%
NOI
$650,000
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.25
Lot Size
12.33 AC
Zoning
BI
Parking
425 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
748’ on Rochester Rd
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-35-100-050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,426,840 |
Property Taxes
Parcel Number
15-35-100-050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,426,840
Contacts
-
Matt Ericson -
Justin Smith -
Chris Peterson -
Danielle Turpin -
Danny Griffin -
Atlantic Capital Partners
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Lowe's | 3277 Rochester Rd
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