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Premier Traverse City Shopping Destination
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1776 S Garfield Ave, Traverse City, MI 49686

Over 158,000 SF retail space in Traverse City, MI.

Space Size2,216 SF - 13,000 SF
Property Size62,730 SF
Days on Market1281

Property Features for 1776 S Garfield Ave

General Information

Standard status Active
Size 2,216 SF - 13,000 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 62,730 SF
Year Built 1976
Tenancy Multiple

Spaces For Lease

at 1776 S Garfield Ave Contact us

1730

Size
13,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 1744

Size
2,216 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1792 Garfield

Size
7,799 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: RE/MAX Commercial Group
Listed By: Matthew Wisniewski · License #MI 6501360426
Source: Crexi
Added: Mar 1, 2023 Changed: Aug 17 Last Checked: Aug 31 at 2:41PM

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 RE/MAX Commercial Group

Investment Insights

Based on property information with market context.

Cherryland Center is a shopping center located in Traverse City, MI, offering over 158,000 square feet of retail space. The center features a range of stores and services, including three anchor tenants. TC Curling Center provides curling opportunities, while Big Lots offers discounted products. K1 Speed, an indoor go-kart racing facility, is coming soon. In addition to the anchor tenants, Cherryland Center includes clothing retailers, restaurants, and specialty shops. The property features landscaped outdoor space and ample parking. The location provides easy access from major highways and roads. Traffic counts are over 32,000 ADT on Airport and over 19,000 on Garfield.

Key Highlights

  • Premier shopping destination with over 158,000 square feet of retail space.
  • Three anchor tenants, including TC Curling Center, Big Lots, and K1 Speed (coming soon).
  • Diverse range of stores, including clothing retailers, restaurants, and specialty shops.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Law Firm Veterinary Clinic Electrical 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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby
211k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 19% Superstores 18% Groceries 8%
Big Lots Superstores
37,283 visits/mo 0.1 miles
Shell Shops & Services
18,854 visits/mo 0.3 miles
Taco Bell Dining
18,195 visits/mo 0.3 miles
Gordon Food Service Groceries
17,515 visits/mo 0.3 miles
Burger King Dining
16,904 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Secretary of State Self-service Station 1759 Barlow St, Traverse City, MI 49686
  • Cherryland Center 1148 W South Airport Rd, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Shopping center - Over 158,000 SF retail space in Traverse City, MI.
Where is this shopping center located?
The property is located at 1776 S Garfield Ave Traverse City, MI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Premier shopping destination with over 158,000 square feet of retail space.; Three anchor tenants, including TC Curling Center, Big Lots, and K1 Speed (coming soon).; Diverse range of stores, including clothing retailers, restaurants, and specialty shops.
(517) 321-2800 Call to check price and availability
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