Class A Office Space
For Lease
$16 SF/Yr Modified Gross
400-700 E Hammond Rd, Traverse City, MI 49686
Professional office space for lease in East Bay Township.
Space SizeContact for details
Property Size3,192 SF
Days on Market240
Property Features for 400-700 E Hammond Rd
General Information
Standard status
Active
Size
3,192 SF
Listing Agency:
Three West, LLC
(231) 534-5225
Listed By:
Kevin Endres · License #6505352968
(231) 534-5225
Source:
Exprealty
Added: Dec 9, 2025
Changed: Jul 10
Last Checked: Jul 31 at 4:58PM
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 Three West, LLC
Investment Insights
Based on property information with market context.
This Class A professional office building offers multiple office configurations. Located off Hammond Road in East Bay Township, the property is situated in the Auto-Owners Insurance Regional HQ building, just south of Downtown and the Airport. The site is beautifully landscaped and provides ample parking for employees and clients. The lease rate is a modified gross rate, with the tenant paying rent plus a $2.05/SF utility charge. The owner may consider a partial build-out allowance for any lease with a term of 5 years or longer. The property size is 3192 square feet.
Key Highlights
- Class A professional office space within the Auto‑Owners Insurance Regional HQ building.
- Convenient location off Hammond Road in East Bay Township, near Downtown and the Airport.
- Ample parking available for employees and clients.
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
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
Lease Benchmarks for Traverse City, MI
$23.01 /SF/Yr
Avg Asking Price
$14.93–$45 /SF/Yr
Price Range
7,042 SF
Avg Space Size
This space is priced 30% below the average of $23.01 /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?
Office building - Professional office space for lease in East Bay Township.
Where is this office building located?
The property is located at 400-700 E Hammond Rd Traverse City, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Class A professional office space within the Auto‑Owners Insurance Regional HQ building.; Convenient location off Hammond Road in East Bay Township, near Downtown and the Airport.; Ample parking available for employees and clients.
