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Office Suite with Six Offices
For Lease
$16 SF/Yr

3257 Racquet Club Drive, Traverse City, MI 49684

The layout includes reception, flexible work or meeting space, two restrooms, and a kitchen.

Space SizeContact for details
Property Size1,364 SF
Days on Market831

Property Features for 3257 Racquet Club Drive

General Information

Standard status Active
Size 1,364 SF
Zoning Commercial

Space & Availability

Divisible Yes
Space Use Office
Sublease No
Private Offices 6

Additional Details

Road Access Yes

Building Details

Building Size 1,364 SF
Year Built 1986
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License #6502102202
Source: Centralmirealty
Added: Jul 29, 2024 Changed: Nov 4 Last Checked: Nov 4 at 2:19PM

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.

This 1,364-square-foot office suite in the Logan Place West development was built in 1986. Its configuration includes six private offices, reception, a large open area for work or meetings, a kitchen, two restrooms, and entrances at both the front and rear. Three offices have sinks and cabinets, supporting medical use; the landlord can remove those fixtures if they are not needed.

The development fronts S. Airport Rd. On-site parking is available, and signage can be placed at the suite entrance, with an additional standard sign at the complex entrance. The landlord will consider dividing the space into smaller suites.

Key Highlights

  • 1,364 SF office suite with six offices
  • Sinks and cabinets in three offices
  • Reception, open work or meeting area, kitchen, and two restrooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Pharmacy Hair Salon Garden Center

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

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

Market

Lease Benchmarks for Traverse City, MI

$24.34 /SF/Yr
Avg Asking Price
$12–$56.57 /SF/Yr
Price Range
4,035 SF
Avg Space Size

This space is priced 34% below the average of $24.34 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - The layout includes reception, flexible work or meeting space, two restrooms, and a kitchen.
Where is this office unit located?
The property is located at 3257 Racquet Club Drive Traverse City, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 1,364 SF office suite with six offices; Sinks and cabinets in three offices; Reception, open work or meeting area, kitchen, and two restrooms
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