For sale

3301 W South Airport Road
Traverse City, MI 49684

$1,200,000

Lot
0.95 acres
Year built
1995
Property type
C
County
Grand Traverse County
MLS #
1950437
Days on market
57

About this home

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.