3301 W South Airport Road, Traverse City, MI 49684

$1,200,000

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List Price
$1,200,000
Days on Market
0
MLS#
1950437
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Acres
0.95
Heating
Forced Air
Sewer
Public
Water
Public

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cindy Dyksterhouse from Listing Office: The Mitten Real Estate Group.

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