Medical Office Space with Treatment
New
For Lease
$13,033/Mo
5015 N Royal Drive Unit #Lower Level, Traverse City, MI 49684
Lower-level suite offers a ready medical layout with offices, patient waiting space, laboratory area, and multiple restrooms.
Space Size6,800 SF
Lot Size1.02 Acres
Days on Market6
Property Features for 5015 N Royal Drive Unit #Lower Level
General Information
Standard status
Active
Size
6,800 SF
Net Rentable
6,800 SF
Total Parking Spaces
42
Lot size
1.02 Acres
Property subtype
Office
Space & Availability
Available Space
6,800 SF
Contiguous Space
6,800 SF
Floor
Lower Level
Space Use
Medical Office
Condition
Move-in Ready
Available From
Immediate
Private Offices
4
Additional Details
Road Access
Yes
Building Details
Building Size
6,800 SF
Year Built
1995
Listing Agency:
Manitou Commercial Real Estate, LLC
Listed By:
Kevin Query · License #6502433236
(231) 632-9596
Source:
Themittengroup
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 25 at 1:21AM
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
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Investment Insights
Based on property information with market context.
Lower-level medical office space at 5015 N Royal Drive totals approximately 6,800 SF. The layout includes 17 treatment rooms, four offices, four restrooms, a waiting area, and lab space. The building dates to 1995, and the property occupies a 1.02-acre site with 42 on-site parking spaces.
The west Traverse City location is 0.7 mile, or about a four-minute drive, from Munson Medical Center. The site also has frontage on N Royal Drive and is situated in a medical park with established healthcare neighbors.
The west Traverse City location is 0.7 mile, or about a four-minute drive, from Munson Medical Center. The site also has frontage on N Royal Drive and is situated in a medical park with established healthcare neighbors.
Key Highlights
- Approximately 6,800 SF of lower‑level medical office space
- 17 treatment rooms, 4 offices, 4 restrooms, waiting area, and lab space
- 1.02‑acre site with 42 parking spaces
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Omnivet Veterinary Urgent Care — 3960 W Royal Dr, Traverse City, MI 49684
Frequently Asked Questions
What type of property is this?
Medical Office Space - Lower-level suite offers a ready medical layout with offices, patient waiting space, laboratory area, and multiple restrooms.
Where is this medical office space located?
The property is located at 5015 N Royal Drive Unit #Lower Level Traverse City, MI.
What is the lease rate?
The lease rate is $13,033/Mo.
What are key features of this property?
This property features: Approximately 6,800 SF of lower‑level medical office space; 17 treatment rooms, 4 offices, 4 restrooms, waiting area, and lab space; 1.02‑acre site with 42 parking spaces
