FOR SALE > HP ENTERPRISE HIGH TECH
1872 Enterprise Drive | Rochester Hills, MI 48309
- 55,367 Square Feet
- For Sale
Potential investors have the ability to acquire an exceptional, institutional-grade suburban commercial real estate building located in one of the strongest submarkets of southeastern Michigan.
The Property is fully leased since 2011 by Hewlett Packard’s Enterprise division. HP has invested more than $5 million into this space including generators, HVAC and heavy security. Due to this extensive tenant investment, and tenant verbal commentary, we expect the likelihood they renew is extremely high. Pricing guidance is expecting the seller will exercise tenant option prior to closing.
Including all options, the tenant has committed to a potential 22 years at the Property. Their current lease extends through August 2018 with three (3) options to renew for an additional five (5) years each.
Property Status: For Sale Fully Occupied
Building Size: 55367 Square Feet
Area Available: 55,367 Square Feet
TBD By Market
4.1 Acres (178,596 SF)
154 Open Surface Spaces
18,666 SF Office Space; 36,701 SF Industrial Space
Fully equipped men’s and women’s restrooms
Access monitored, Exterior is fully monitored
- Single Tenant 100% Occupied Flex Building
- Conveniently Located Along M-59, a Prominent East-West Thoroughfare
- Fortune 50 Tenant With a Corporate Lease Guarantee
- 3 Remaining Lease Options