2751 N Us-31 S Traverse City, MI 49684

Retail MLS #: 1949731 Courtesy Of Twin Bay Properties, LLC
3287 Raquet Club Drive, Suite A, Traverse City, MI

Property InformationDescription

Exceptional investment opportunity in one of Traverse City'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.

Features

  • Exterior Type: Frame
  • Exterior Type: Block
  • Legal Description: PRT NE 1/4 OF NW 1/4 SEC 21 T27N R11W BEG 462' N OF SE COR TH S 89 DEG 59' W 298.49' TH N 0 DEG 33' W 187.36' TH N 90 DEG E 298.49' TH S 0 DEG 33' E 187.31' TO POB EXC HWY R/W
  • MLSID: 1949731
  • Roof Type: Membrane
  • Rooms: Bathroom 6
  • Rooms: Bathroom 7
  • Rooms: Bathroom 4
  • Rooms: Bathroom 5
  • Rooms: Bathroom 2
  • Rooms: Bathroom 3
  • Rooms: Bathroom 1

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2751 N Us-31 S, Traverse City, MI 49684
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