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.
Have you wondered what your home may be worth in today's market? Whether you're considering selling soon or just curious about your property's value, understanding your home's true worth is essential. The real estate market is constantly changing, and online estimates often fail to capture the unique features and local trends that impact your home's value.
Working with an experienced realtor ensures you receive an accurate, professional valuation based on market data, recent sales, and expert insight. A skilled agent will analyze your home's condition, location, and comparable properties to provide a realistic pricing strategy that maximizes your profit and attracts the right buyers. Before making any decisions, let a trusted real estate professional guide you through the process with a comprehensive home valuation. Reach out today to get started!
Listing Courtesy of Twin Bay Properties, LLC. 231-357-7800