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Flex Warehouse with Extended Lease

1701 W South Airport Rd Traverse City, MI 49686

1701 W South Airport Rd, Traverse City, MI, 49686
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For Sale
Contact for pricing

Flex warehouse offered for sale with below-market rent and an extended lease in place.

Property Size45,500 SF
Price / SF$60.44
Days on Market37

Property Features for 1701 W South Airport Rd

General Information

Standard status
Active
Size
45,500 SF
Property subtype
Retail, Industrial

Building Details

Year Built
1977
Listing agency Matthews
Listed by Louis Murray · License #CA 02208617
Source Crexi
Added: Jun 17 Updated: Jul 22 at 4:04PM Checked: Jul 22 at 4:04PM

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 Matthews


Investment Insights

Based on property information with market context.

This flex warehouse is being offered for sale with below-market rent and an extended lease structure in place. The property is listed at $2,750,000 and totals 45,500 square feet.

The asset is located at 1701 W South Airport Rd in Traverse City, Michigan (49686). The current leasing setup is reflected in the provided terms, which call out below-market rent and an extended lease.

For buyers evaluating leased industrial/flex real estate, the key provided highlights are the below-market rent and the extended lease timing, offering an established income profile rather than a vacant scenario.

Key Highlights

  • Flex warehouse built in 1977
  • Listed with below‑market rent
  • Rent noted as $60/SF

Property Analytics

Location Intelligence

Current Use by Public Records

Northern Building Supply Big Box & Wholesale Store Traverse City Vinyl ... Construction Company

Suggested Use

Real Estate Agency Dental Office Garden Center Electrical Service Hotel & Motel Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Flex warehouse offered for sale with below-market rent and an extended lease in place.
Where is this flex space located?
The property is located at 1701 W South Airport Rd Traverse City, MI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Flex warehouse built in 1977; Listed with below‑market rent; Rent noted as $60/SF
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