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Industrial Facility with Office Space
For Lease
$9 SF/Yr

2155 Traversefield Dr, Traverse City, MI 49686

33,800 SF industrial facility with office space for lease.

Space SizeContact for details
Lot Size2.40 Acres
Days on Market146

Property Features for 2155 Traversefield Dr

General Information

Standard status Active
Lot size 2.40 Acres
Property subtype Commercial

Building Details

Year Built 1997
Listing Agency: Manitou Commercial Real Estate, LLC
Listed By: Kevin Query · License #6502433236
Source: Elliman
Added: Mar 24 Changed: Aug 14 Last Checked: Aug 16 at 7:36AM

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 Manitou Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This 33,800 square foot industrial facility, available for lease, is located in Traversefield Industrial Park. The property includes approximately 5,000 square feet of finished office space and 28,800 square feet of industrial space. The industrial area features clear heights ranging from 20 to 24 feet. The facility is equipped with 3-phase electrical service, ceiling-mounted busbars, and fire suppression throughout, including a dedicated server room. Radiant heat is installed, and mezzanine areas provide additional workspace or storage.

Key Highlights

  • 33,800 SF total space with 28,800 SF of industrial space and 5,000 SF of finished office space
  • Clear heights ranging from 20 to 24 feet** in the industrial area
  • Equipped with 3‑phase electrical service and ceiling‑mounted busbars

Property Analytics

Current Use

Forkardt US - Power ... Industrial Manufacturer Illinois Tool Works ... Production Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Storage Facility Nail Salon Grocery & Convenience Store

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

155
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Traverse City, MI

$11.55 /SF/Yr
Avg Asking Price
$8.34–$24 /SF/Yr
Price Range
7,477 SF
Avg Space Size

This space is priced 22% below the average of $11.55 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Gabe's Old Fashioned Foods 2259 Traversefield Dr, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Flex space - 33,800 SF industrial facility with office space for lease.
Where is this flex space located?
The property is located at 2155 Traversefield Dr 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: 33,800 SF total space with **28,800 SF of industrial space** and 5,000 SF of finished office space; Clear heights ranging from 20 to 24 feet** in the industrial area; Equipped with 3‑phase electrical service and ceiling‑mounted busbars
More about this property
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