100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 7.9% Cap rate with upside potential in the lease rates. Owner would vacate their unit, freeing up 15,000 - 24,000 SF, if buyer wanted to use part of the building. Sale includes 2 parcels totaling 3.4 acres.
Listed By
Agency Name: Coldwell Banker Schmidt Traverse City
Agency Phone: 231-922-2350
Shown By
Agent Name: The Shahmardian Group
Agent Phone: (970) 637-7882
Agency Title: Key Realty
2325 Sybrandt Road | MLS# 1943241
This commercial property located at 2325 Sybrandt Road, Traverse City, MI 49684 is currently listed for sale with an asking price of $4,300,000. Search Traverse City real estate on www.shahmardian.com today.