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Updated Commercial Space For Rent
For Lease
$2,060/Mo Modified Gross + CAM $510 /SF/Yr

1317 W South Airport Rd, Traverse City, MI 49686

Customizable office or retail space on high-traffic corridor.

Space SizeContact for details
Lot Size1.89 Acres
Days on Market153

Property Features for 1317 W South Airport Rd

General Information

Standard status Active
Lot size 1.89 Acres
Property subtype Commercial

Building Details

Year Built 1977
Listing Agency:
Listed By: Erica S Foerster
Source: Elliman
Added: Mar 24 Changed: Aug 14 Last Checked: Aug 20 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Erica S Foerster

Investment Insights

Based on property information with market context.

This customizable commercial space is situated on a high-traffic corridor with a Michigan Department of Transportation traffic count of 26,920 to 28,244 vehicles daily. The building has been recently updated with a modern facade and offers flexible floor plans suitable for office or retail use. The interior is currently configured as a professional office, and can be modified to meet specific tenant requirements. The landlord maintains the on-site dumpster. The lease structure is a modified gross lease. The tenant is responsible for electric, gas, water/sewer, and high-speed internet. The location provides brand exposure and customer reach due to the high traffic volume. The total monthly rent is $2,060, which includes a base rent of $1,550 and $510 for CAM (Common Area Maintenance).

Key Highlights

  • High‑traffic location ensures maximum exposure with 26,920‑28,244 vehicles daily.
  • Modern, updated facade provides a professional image.
  • Flexible floor plan adaptable for office or retail use.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Modified Gross
Lease Type
$510 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$23.38 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,227 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Customizable office or retail space on high-traffic corridor.
Where is this office units located?
The property is located at 1317 W South Airport Rd Traverse City, MI.
What is the lease rate?
The lease rate is $2,060/Mo.
What are key features of this property?
This property features: High‑traffic location ensures maximum exposure with 26,920‑28,244 vehicles daily.; Modern, updated facade provides a professional image.; Flexible floor plan adaptable for office or retail use.
More about this property
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