Industrial Flex Space with Overhead
For Lease
$1,800/Mo
3711 Elmers Industrial Drive, Traverse City, MI 49685
A heated, well-lit workspace with dedicated electrical service accommodates light industrial operations.
Space Size2,400 SF
Days on Market1230
Property Features for 3711 Elmers Industrial Drive
General Information
Standard status
Active
Size
2,400 SF
Net Rentable
2,400 SF
Zoning
Industrial
Space & Availability
Available Space
2,400 SF
Contiguous Space
2,400 SF
Space Use
Flex
Warehouse & Industrial
Power
100 amps
Voltage
220 V
Warehouse Heated
Yes
Building Details
Building Size
2,400 SF
Year Built
2018
Listing Agency:
CENTRAL REAL ESTATE MT PLEASANT, INC.
(989) 773-6000
Listed By:
Dave Zamarron · License #6502102202
(989) 621-8972
Source:
Centralmirealty
Added: Jun 26, 2023
Changed: Nov 4
Last Checked: Nov 4 at 10:30AM
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.
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Investment Insights
Based on property information with market context.
This 2,400-square-foot flex unit was built in 2018 and is configured for light industrial use. The space includes a 14' x 14' overhead door, a separate service entrance, and 220V/100A electrical service. Heating and upgraded workshop lighting support day-to-day work inside the unit.
The property also provides a substantial parking area with room for large trucks to maneuver. Industrial zoning supports the property's industrial flex-space classification.
The property also provides a substantial parking area with room for large trucks to maneuver. Industrial zoning supports the property's industrial flex-space classification.
Key Highlights
- 2,400 SF flex unit, built in 2018
- 14' x 14' overhead door and separate service door
- 220V/100A electrical service
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49685, MI
20,856
Population
9,395
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
385
Density / Sq Mi
$82,639
Median Household Income
$45,783
Median Earnings
$1,338
Median Rent
$309,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Traverse City, MI
$12.71 /SF/Yr
Avg Asking Price
$7.5–$24 /SF/Yr
Price Range
6,075 SF
Avg Space Size
This space is priced 29% below the average of $12.71 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A heated, well-lit workspace with dedicated electrical service accommodates light industrial operations.
Where is this flex space located?
The property is located at 3711 Elmers Industrial Drive Traverse City, MI.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 2,400 SF flex unit, built in 2018; 14' x 14' overhead door and separate service door; 220V/100A electrical service
