Traverse City, MI Industrial Properties for Lease
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Similar Spaces for Sale in Traverse City, MI
Traverse City, MI Industrial properties Lease Rates & Market Statistics
Browse 21 Industrial properties for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 102,268 square feet of properties — an average of ~4,850 SF per listing.
Industrial properties lease rates in Traverse City range from $8.25 SF/Yr at the entry level to $35 SF/Yr at the top of the market, averaging $14.72 SF/Yr. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $14.72 SF/Yr, the local average runs 40% above Michigan's state average of $10.50 SF/Yr.
Traverse City accounts for 88% of the 24 industrial properties currently available across Grand Traverse County, where a nearby market includes Williamsburg. By space type, the market includes 16 flex space listings and 3 manufacturing properties — manufacturing properties typically offer the lowest entry point, while flex space commands the highest rates.
