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Investment Highlights

  • Excellent owner/user opportunity to acquire a well-maintained and amenitized asset - atrium, café, conference center, auditorium, and a Research Wing.
  • Superb location off I-75 - near the Stellantis World HQ, Amazon Distribution Center, FANUC HQ & Development Site, Oakland University, OCC, and more.
  • Premier office building with favorable zoning for office, research, innovation, data center usage, and more.
  • Strong demographics - 160,000+ people with a median household income north of $82,000.

Executive Summary

Colliers is pleased to present for sale 3000 University, located at 3000 University Drive, in Auburn Hills, Michigan. The four-story, 459,989-square-foot, multi-tenant office building is home to four tenants (including the café). Built in 1988 and renovated in 2018, the asset is well-positioned on a 35-acre parcel. The asset features numerous amenities, including a common area with a beautiful atrium, a café, a conference center, an auditorium, and a research wing. The building features two wings/branches joined by a two-story atrium that serves as the main entrance. The property is zoned Technology & Research (T&R), providing favorable zoning and leasing options to a wide array of potential tenants, ranging from traditional office tenants to innovation and research-focused tenants that desire testing and lab space. The potential for Datacenter use could also be ideal for a portion of the building, given the current configuration, or as redevelopment, given the size of the site, 35 acres.

Located off the University Drive exit for Interstate 75, featuring 126,670 vehicles per day, the asset features a phenomenal location within Auburn Hills. There are over 1600,000 people featuring a median household income north of $82,000 within a 5-mile radius of the asset. Additionally, 3000 University Drive is located less than 2 miles from the 5.3 million square foot Chrysler World Headquarters and Technology Center; headquarters of Stellantis North America and one of the largest buildings in the world by floor area, and less than 3 miles from the DET3 Amazon Fulfillment Center (3.8 million square feet). Furthermore, the asset is located within close proximity to the FANUC America Corporation’s headquarters (454,000 square feet) and their new 788,000 square foot development site, and the North American or World Headquarters of Faurecia, Maserati, BorgWarner, and RGIS. Other notable tenants nearby include US Farathane, Johnson Controls, Atlas Copco, Dura Automotive, DXC Technology, and Volkswagen Group of America.

The asset is also located just south of Oakland University’s campus and northeast of Oakland Community College’s Auburn Hills campus. Oakland University (OU) is a public research university with nearly 16,000 graduate and undergraduate students. Their 17:1 student-to-faculty ratio drives student-centered and personalized instruction, flexible class schedules, and state-of-the-art facilities. With a $1 billion economic footprint, Oakland University is a regional powerhouse with local, regional, and international reach. OU offers superb internship and research opportunities, partnering with numerous corporate leaders, businesses, Fortune 500 companies, and governmental agencies. Oakland Community College (OCC) offers over 80 programs in high-demand fields such as IT, healthcare, and advanced manufacturing. Taught by expert faculty, OCC’s smaller class sizes (often 25 students or less) offer student-favorable student-to-teacher ratios, giving them the skills they need to advance their careers or transfer onto four-year institutions.

3000 University offers an investor or owner/user an excellent opportunity to acquire a beautiful and well-maintained office building within a core market with significant upside potential and leasing flexibility. The premier facility is unparalleled by other office products in the Metro Detroit Area.

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Market Analytics Click Here to Access

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Market Sale Price per SF

Detroit - MI USA

Market Cap Rate

Detroit - MI USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
445,234 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1988/2018
Percent Leased
50%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
114,997 SF
Building FAR
0.29
Lot Size
34.74 AC
Parcel Number
14-14-476-003
Zoning
T&R - Technology & Research
Parking
1,552 Spaces (3.49 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Conferencing Facility
  • Security System
  • Signage
  • Monument Signage
  • Air Conditioning
  • Cafe
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

About Auburn Hills

Located approximately 30 miles north of downtown Detroit, Auburn Hills is one of the fastest-growing suburbs in the Detroit metro. The area is serviced by Interstate 75, which connects Detroit with northern Michigan. Auburn Hills is the notable home of Fiat Chrysler Automobiles’ (FCA) North American headquarters as well as the home of Oakland University, the second largest university in Detroit, with 20,000 students. Great Lakes Crossing Outlets is also located here and is the largest outlet center in Michigan, with more than 180 shops and restaurants.

The office sector in Auburn Hills is heavily influenced by the automobile industry. FCA’s Chrysler World Headquarters and Technology Center houses over 11,000 employees and encompasses nearly 4.5 million square feet, representing more than half the total office inventory in Auburn Hills. FCA’s presence has helped attract a wide variety of automobile manufacturers and suppliers, with Volkswagen, Faurecia, and Hirotec being some of the largest office users in the area.

Vacancies in Auburn Hills are consistently some of the lowest in the metro and are reflective of the strong demand to locate in this amenity-rich area. Though average rents trend nearly 10% higher than the metro average, pricing is much more in line with rates seen across the Detroit metro. Additionally, investors can enter the market here at a discount compared to other prominent nearby suburban office areas like Bloomfield and Birmingham.

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
4,161
62,069
176,093
2020 Population
3,977
58,376
164,382
2030 Population
4,252
63,927
181,740
2025-2030 Projected Population Growth
2.2%
3.0%
3.2%
Daytime Employees
8,759
35,952
94,853
Total Businesses
807
2,639
8,790
Average Household Income
$96,288
$97,274
$108,886
Median Household Income
$69,130
$67,635
$75,876
Total Consumer Spending
$37.8M
$719M
$2.2B
Median Age
30.7
36.6
39.4
2025 Households
1,334
24,905
70,036
Percent College Degree or Above
21%
21%
23%
Average Home Value
$246,444
$345,976
$381,206
$ values in USD

Sale Advisors

Sale Advisors

Barry Swatsenbarg, Executive Vice President
In 2015, Barry joined Colliers International to expand the Colliers Detroit office reach with his investment sales expertise. He is consistently in the top 200 nationally for Colliers. Barry has been an active investment sales agent for over 24 years, transacted on over 500 deals; 15,000 apartment units and more than 30M SF of commercial assets. Barry has been awarded Everest Club at Colliers for the last several years. (The Everest Club recognizes the top 10% of producers and is Colliers highest award.)

Through his activity with the valuation and disposition of value-add and stabilized, income producing properties, he has successfully worked through periods of economic growth and contraction. He has an extensive history of producing sale results with outside of the box solutions to maximize value.

Over the years, Barry has transacted on hundreds of complicated dispositions, that included receivership, lender debt, REO and stabilized assets. He operates exclusively as a sell-side broker, with transactions spreading across all major investment commercial real estate property types. He has navigated through multitudes of unique and complex scenarios.

Barry is regarded as a highly trusted and well-connected industry expert. He is called upon by financial institutions, private clients and peers alike, for his candid market insight and ability to create effective asset management plans for disposition to aid clients with their ongoing business planning. The results maximize value; regardless of the quality of the asset.
Matt Terrace, Senior Vice President- Investments
For close to a decade Matt has completely immersed himself in many different aspects of commercial real estate, from retail to development to construction to acquisitions and dispositions, but specializes in Commercial Investment Dispositions and Acquisitions. Matt was exposed to the industry at a young age as it is a family passion handed down through generations. Matt has served both private and institutional clients such as Garrison Investment Group, True North Investments, LNR Partners, Integris Ventures and Alidade Capital. He has also worked with a number of national Tenants in the market including Pet Supplies Plus, Czarnowski and Nuance Communications. Matt’s successful approach stems from the ideology of fully comprehending his client’s needs and consistently putting them first.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Jameson Kuykendall
Auctioneer License: Ten-X, LLC Arlene Richardson RE Brkr 6505431586
  • Listing ID: 40614243

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 3000 University Dr, Auburn Hills, MI 48326

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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