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Clear-Span Warehouse with Overhead Doors
For Lease
$9 SF/Yr

343 Hughes Drive, Traverse City, MI 49696

Industrial-zoned warehouse with office area, truck-access loading, and operational features suited to distribution and light manufacturing.

Space Size21,480 SF
Days on Market163

Property Features for 343 Hughes Drive

General Information

Standard status Active
Size 21,480 SF
Net Rentable 21,480 SF
Zoning Industrial

Space & Availability

Available Space 21,480 SF
Contiguous Space 21,480 SF
Space Use Warehouse

Warehouse & Industrial

Clear Span Yes
Office Build-Out 2,000 SF

Building Details

Building Size 21,450 SF
Year Built 1990
Listing Agency: Manitou Commercial Real Estate, LLC
Listed By: Kevin Query · License #6502433236
Source: Sabudarealty
Added: Mar 2 Changed: Aug 11 Last Checked: Aug 12 at 12:24PM

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.

Built in 1990, this industrial-zoned warehouse provides a clear-span interior with high ceilings and multiple overhead doors for truck access and loading. The facility includes roughly 2,000 SF of dedicated office space, warehouse lighting, and utility infrastructure suited to ongoing operations.

Wide drive aisles support racking and internal circulation, while the building’s configuration accommodates distribution, storage, logistics, light manufacturing, and contractor operations. Located within the Hughes Dr Industrial Park, the property is structured for occupancy by a single user.

Key Highlights

  • Clear‑span warehouse layout with high ceilings
  • Multiple overhead doors support truck access and loading
  • Roughly 2,000 SF of dedicated office space

Property Analytics

Current Use

Quality Time Components Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Plumbing Service Grocery & Convenience Store Restaurant

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

105
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49696, MI

9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$10.17 /SF/Yr
Avg Asking Price
$8.34–$12.8 /SF/Yr
Price Range
10,625 SF
Avg Space Size

This space is priced 11% below the average of $10.17 /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
Questions? Ask Rey
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Similar Off Market Nearby

  • Ashland Storage 1067 N Rusch Rd, Traverse City, MI 49696
  • Allied Van Lines 2040 Traversefield Dr #100, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial-zoned warehouse with office area, truck-access loading, and operational features suited to distribution and light manufacturing.
Where is this warehouse located?
The property is located at 343 Hughes Drive 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: Clear‑span warehouse layout with high ceilings; Multiple overhead doors support truck access and loading; Roughly 2,000 SF of dedicated office space
More about this property
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