Drug Store

Traverse City, MI Drug Stores for Lease

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Former Drug Store Building
Updated: Jun 23, 2025
Former Drug Store Building

1104 E Front St, Traverse City, MI 49686

$15 SF/Yr
12,554 sqft
12,554‑square‑foot former drug store building constructed in 2017
C‑3, Community Center District zoning
Located at US 31 (Front St.) and M‑37 (Garfield Ave.)
Shared lot with Starbucks and Hungry Howie’s
One‑half mile from Traverse City High School, Eastern Elementary, and Northwestern Michigan College
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Traverse City, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Drug stores for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Former Drug Store with Drive-Thru
Former Drug Store with Drive-Thru

1186 Baldwin Ave, Pontiac, MI 48340

Contact for pricing
14,570 sqft 2.06 AC lot

Former Rite Aid offering a drive-thru, ample parking, and highly visible, unobstructed site lines.

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Freestanding Drug Store with Drive-Through
Freestanding Drug Store with Drive-Through

360 Martin Luther King Jr Blvd N, Pontiac, MI 48342

Contact for pricing
11,207 sqft

Open-plan retail space includes drive-through access and a location near I-75 and M-59.

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Former Retail Endcap with Drive-Thru
Former Retail Endcap with Drive-Thru

15 S Groesbeck Highway |, Mount Clemens, MI 48043

Contact for pricing
11,060 sqft 1.00 AC lot

Former Rite Aid endcap with drive-thru available for lease.

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Endcap Retail with Drive-Thru
Endcap Retail with Drive-Thru

Mount Clemens, MI 48043

Contact for pricing
11,060 sqft

Former Rite Aid endcap offers a drive-thru option and flexible leasing at a traffic-controlled corner intersection.

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Similar Spaces for Sale in Traverse City, MI

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Former Drug Store Building
Former Drug Store Building

1104 E Front St, Traverse City, MI 49686

$2,995,000
12,554 sqft

C-3-zoned retail property with established co-tenancy and access to major area roads.

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Walgreens Drug Store with Drive-Through
Walgreens Drug Store with Drive-Through

975 W South Airport Rd, Traverse City, MI 49686

Contact for pricing
13,580 sqft 2.58 AC lot

Single-tenant retail property with a drive-through, ample parking, and an approximately nine-year remaining NNN lease term.

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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.

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