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Clear-Span Warehouse Facility
For Lease
$9 SF/Yr

343 Hughes Dr, Traverse City, MI 49696

Industrial warehouse with dedicated office space and multiple overhead doors for loading.

Space SizeContact for details
Days on Market126

Property Features for 343 Hughes Dr

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1990
Listing Agency: Manitou Commercial Real Estate, LLC
Listed By: Kevin Query · License #6502433236
Source: Elliman
Added: Apr 27 Changed: Aug 29 Last Checked: Aug 29 at 8:57PM

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 Manitou Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

Built in 1990, this 21,480 SF warehouse facility provides a clear-span interior with high ceilings, multiple overhead doors, and wide drive aisles. The configuration includes roughly 2,000 SF of dedicated office space, warehouse lighting, and utility infrastructure suited to ongoing industrial operations.

The property is located in Hughes Dr Industrial Park at 343 Hughes Dr in Garfield Charter Township, Michigan. Its layout supports a single-user occupancy and accommodates storage, distribution, light manufacturing, logistics, or contractor operations as described in the property information.

Key Highlights

  • 21,480 SF warehouse facility
  • Roughly 2,000 SF of dedicated office space
  • Clear‑span layout with high ceilings

Property Analytics

Current Use

Quality Time Components Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Plumbing Service Grocery & Convenience Store Restaurant

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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49696, MI

9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$9.73 /SF/Yr
Avg Asking Price
$8.25–$12.8 /SF/Yr
Price Range
11,648 SF
Avg Space Size

This space is priced 7% below the average of $9.73 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Ashland Storage 1067 N Rusch Rd, Traverse City, MI 49696
  • Allied Van Lines 2040 Traversefield Dr #100, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse with dedicated office space and multiple overhead doors for loading.
Where is this warehouse located?
The property is located at 343 Hughes Dr Traverse City, MI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 21,480 SF warehouse facility; Roughly 2,000 SF of dedicated office space; Clear‑span layout with high ceilings
More about this property
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