127 West University Drive

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127 West University Drive

Rochester, MI 48307
Asking Price
$1.65M
Asset Type
Traditional Office Retail
Class
Class B

What's Special

Exceptional Building & Exposure in Downtown Rochester Michigan <p>Building floorplan allows for one tenant or multiple tenants and provides either with a private entry to their business. Exposure to downtown Rochester is excellent since the building faces both University and Walnut which are heavily travelled streets. With a complete update and makeover in 2015, this space is completely updated mechanically, technologically and cosmetically. The new owner can have their own business while leasing out single or multiple offices, making this sale an excellent

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597

Location & Travel Times