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2500 Crossing, Garfield charter township, Michigan

$2,000,000

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1.36

Acres

About 2500 Crossing

Three West Commercial is pleased to offer for sale a single-tenant, net-leased Burger King investment at 2500 Crossing Circle in Traverse City, Michigan, priced at $2,000,000 (6.57% CAP). The property will be delivered with a new 12-year triple-net lease at closing, backed by the franchisee who has operated in the Traverse City market since 1973. Situated within the Grand Traverse Crossing retail corridor alongside Walmart, Home Depot, and the Grand Traverse Mall, the asset benefits from a dominant, high-traffic trade area serving Grand Traverse County. With a true NNN structure requiring no landlord management and a long-tenured operator guaranty, this offering presents a rare opportunity to acquire passive, durable income in one of Northern Michigan's strongest retail submarkets

Features of 2500 Crossing

MLS® # 78080073198
Price $2,000,000
Bathrooms 0.00
Acres 1.36
Year Built 1999
Type Commercial
Status Active

Community Information

Address 2500 Crossing
Area 28041 - Garfield Twp
Subdivision NONE
City Garfield charter township
County Grand Traverse
State Michigan
Zip Code 49684

Amenities

Utilities Natural Gas Connected
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No

Exterior

Construction Block
Foundation Slab

School Information

District Traverse City

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThree West, LLC
Contact Infokendres@threewest.com

Listing Map

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