Flex Space with
For Lease
$4,000/Mo NNN
1859 Southpeak Drive, Traverse City, MI 49685
2017 commercial building combines finished offices with warehouse functionality under an NNN lease structure.
Space Size4,080 SF
Days on Market54
Property Features for 1859 Southpeak Drive
General Information
Standard status
Active
Size
4,080 SF
Net Rentable
4,080 SF
Zoning
Commercial, Industrial
Lease Type
NNN
Space & Availability
Available Space
4,080 SF
Contiguous Space
4,080 SF
Space Use
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
2,000 SF
Office Build-Out
2,080 SF
Amenities
conference space
break room
Building Details
Building Size
4,080 SF
Year Built
2017
Listing Agency:
Century 21 Northland
(231) 534-4753
Listed By:
Deirdre Carroll · License #MI6506047900
(231) 534-4753
Source:
Carolbollo
Added: Jul 9
Changed: Aug 29
Last Checked: Aug 30 at 5:31PM
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 Century 21 Northland
Investment Insights
Based on property information with market context.
Built in 2017, this flex property provides approximately 4,080 square feet divided between about 2,080 square feet of finished office space and approximately 2,000 square feet of warehouse area. The office component includes private offices, reception, conference space, a restroom, and a break room. Warehouse access is supported by a 14-foot overhead door, providing functional space for storage, workspace, and deliveries.
The property is located on Southpeak Drive in Blair Township, with access to US 31, Chums Corner, and downtown Traverse City. Its commercial and industrial zoning supports a range of potential uses, subject to verification with Blair Township. The building is offered under a triple-net lease structure and is shown by appointment.
The property is located on Southpeak Drive in Blair Township, with access to US 31, Chums Corner, and downtown Traverse City. Its commercial and industrial zoning supports a range of potential uses, subject to verification with Blair Township. The building is offered under a triple-net lease structure and is shown by appointment.
Key Highlights
- Approximately 4,080 SF flex building constructed in 2017
- About 2,080 SF of finished office space with private offices, reception, conference room, restroom, and break room
- Approximately 2,000 SF of warehouse space
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Balanced
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
Market
Lease Benchmarks for Traverse City, MI
$11.16 /SF/Yr
Avg Asking Price
$8.25–$24 /SF/Yr
Price Range
8,195 SF
Avg Space Size
This space is priced 5% above the average of $11.16 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 2017 commercial building combines finished offices with warehouse functionality under an NNN lease structure.
Where is this flex space located?
The property is located at 1859 Southpeak Drive Traverse City, MI.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 4,080 SF flex building constructed in 2017; About 2,080 SF of finished office space with private offices, reception, conference room, restroom, and break room; Approximately 2,000 SF of warehouse space
