Traverse City, MI Drug Stores for Lease
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Traverse City, MI Drug stores Lease Rates & Market Statistics
Browse 1 Drug stores listing for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 12,554 square feet of properties.
Drug stores lease rates in Traverse City range from $15 SF/Yr at the entry level to $15 SF/Yr at the top of the market, averaging $15 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15 SF/Yr, the local average runs 16% above Michigan's state average of $12.89 SF/Yr.
Traverse City accounts for 100% of the 1 drug stores listing currently available across Grand Traverse County. Drug stores are one of the more limited space types in Traverse City, with just 1 listing currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Storefront properties (9 listings) and Shopping centers (5 listings) elsewhere in the Traverse City market.