3301 W S Airport Road, Traverse City, MI 49684
sale
$1,200,000
|
Retail
Courtesy Of The Mitten Real Estate Group
310 W Front Street, Ste. 411, Traverse City, MI
Superb location! This stand-alone, well maintained 5000 square foot building (two-2500 square foot units) is located directly across from a Grand Traverse Mall entrance and is seen by any that exit there. Located in a prime area with many national tenants and more development on the horizon. Building has had 100% occupancy for 20+ years. Asking price is based on an 8% cap rate. Leases are NNN with CAM adjustable based on expenses. Financials are available to serious inquiries.
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Property Features
- Exterior Type: Frame
- Legal Description: UNIT NO. 6 GRAND TRAVERSE COMMERCE CENTRE CONDOMINIUMS AS RECORDED IN LIBER 1010 PAGES 056-105. GRAND TRAVERSE CONDOMINIUM SUBD NO. 64
- MLSID: 1950437
- Roof Type: Asphalt
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