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Danny Dedic

info@dedicatedrealtygroup.com +1(586) 855-6672

$ 2,390,000

Est. payment | -/mo

13,550 SqFt

Save

$ 2,390,000

Est. payment | -/mo

Save

13,550 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,550 sqft

Price per Sqft $176

Subdivision Meets And Bounds

MLS Listing ID 78080072766

Year Built 1954

Lot Size 1.280 Acres

Acres 1.28

Property Description

Exceptional investment opportunity in one of Traverse CityÃ¢â‚¬â„¢s most highly visible commercial corridors. This fully occupied, multi-tenant commercial property is strategically located on US-31 in Garfield Township, next to Red Lobster and across from Chick-fil-A. The property is currently leased to four established tenants, all operating under newer or recently renewed leases with annual rent increases. All leases are true triple-net (NNN), providing an attractive, stabilized investment opportunity with predictable income growth. Excellent visibility, strong traffic counts, convenient access, and a highly desirable location surrounded by established national and local businesses. Rent roll and additional financial information available to qualified buyers upon request.

Location

State MI

County Grand Traverse

Area Area28041Garfieldtwp

Interior

Heating Electric, Forced Air, Heat Pump, Natural Gas, Zoned

Cooling Central Air, Heat Pump

Fireplace No

Exterior

Parking Features ParkingLot

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Traverse City

Others

Acceptable Financing Cash, Other, Trade1031Exchange

Listing Terms Cash, Other, Trade1031Exchange

Special Listing Condition Standard

Listed by David G Cutler of Twin Bay Properties, LLC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(586) 855-6672

info@dedicatedrealtygroup.com

2751 N US-31 S Garfield Twp, MI 49684

Danny Dedic

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2751 N US-31 S