Flex Warehouse with Extended
For Sale
$2,750,000
1701 W South Airport Rd, Traverse City, MI 49686
Flex warehouse offered for sale with below-market rent and an extended lease in place.
Property Size194,278 SF
Days on Market78
Property Features for 1701 W South Airport Rd
General Information
Standard status
Active
Size
194,278 SF
Property subtype
Commercial
Building Details
Building Size
194,278 SF
Listing Agency:
Matthews
Listed By:
Louis Murray · License #02208617 (CA)
(310) 844-9368
Source:
Matthews
Added: Jun 22
Changed: Sep 3
Last Checked: Sep 7 at 4:29AM
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.
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
Current Use
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
