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Shopping Center Retail Suite
For Lease
$21 SF/Yr

1535 S Division, Traverse City, MI 49684

The space is part of a multi-tenant center with on-site parking and established retail, service, and fitness operators.

Space SizeContact for details
Property Size2,043 SF
Days on Market956

Property Features for 1535 S Division

General Information

Standard status Active
Size 2,043 SF
Zoning Retail, Commercial, Restaurant/Food

Additional Details

Space Use Retail
Anchor Co-Tenants Little Caesar's, SVS Vision, Miracle Ear, Club Pilates

Amenities

onsite parking

Building Details

Building Size 2,043 SF
Year Built 2001
Tenancy Multi
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License #6502102202
Source: Centralmirealty
Added: Mar 26, 2024 Changed: Nov 5 Last Checked: Nov 4 at 2:34PM

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 CENTRAL REAL ESTATE MT PLEASANT, INC.

Rey
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Investment Insights

Based on property information with market context.

A 2,043-square-foot retail space is available within a shopping center built in 2001. Existing tenants include Little Caesar's, SVS Vision, Miracle Ear, and Club Pilates, providing a mix of food, vision care, hearing care, and fitness businesses within the property.

The center is located on US-31 in Traverse City, across from Meijer, and has on-site parking.

Key Highlights

  • 2,043‑square‑foot space in a shopping center built in 2001
  • Located on US‑31, across from Meijer
  • On‑site parking

Property Analytics

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Open Analytics

Current Use

Miracle-Ear Hearing Aid ... Hearing Aid Store Little Caesars Pizza Restaurant Biggby Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Storage Facility Barber Shop Plumbing Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby
227k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Shops & Services 29% Dining 21%
Meijer Groceries
113,001 visits/mo 0.4 miles
Meijer Gas Station Shops & Services
33,818 visits/mo 0.3 miles
Burger King Dining
18,860 visits/mo 0.2 miles
Dollar Tree Shops & Services
9,895 visits/mo 0.3 miles
Wendy's Dining
9,236 visits/mo 0.1 miles

Demographics for 49684, MI

22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Quick-Tag — meijer, 3955 US-31, Traverse City, MI 49684
  • Secretary of State Self-service Station — 3955 US-31, Traverse City, MI 49684
  • Kids Creek Marketplace — 1525 S Division St Suite 101, Traverse City, MI 49684
  • Kaya's Massage & PEMF — 508 w fourteenth st, traverse city, mi 49684
  • Coin Cloud Bitcoin ATM — 429 W Fourteenth St, Traverse City, MI 49684

Frequently Asked Questions

What type of property is this?
Shopping center - The space is part of a multi-tenant center with on-site parking and established retail, service, and fitness operators.
Where is this shopping center located?
The property is located at 1535 S Division Traverse City, MI.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 2,043‑square‑foot space in a shopping center built in 2001; Located on US‑31, across from Meijer; On‑site parking
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