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Big-Window Endcap Retail Suite
For Lease
$1,750/Mo

867 Us Highway 31 S, Traverse City, MI 49685

Endcap unit with large windows, plus a service door for deliveries and employee parking within Blair Plaza.

Space SizeContact for details
Property Size1,440 SF
Days on Market16

Property Features for 867 Us Highway 31 S

General Information

Standard status Active
Size 1,440 SF
Listing Agency: Five Star Real Estate - Front St TC
Listed By: Sam Abood · License #6504216686
Source: Exprealty
Added: Jul 21 Changed: Jul 28 Last Checked: Jul 31 at 3:36PM

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 Five Star Real Estate - Front St TC

Investment Insights

Based on property information with market context.

This endcap retail suite features big windows and a service door that opens to the back lot for deliveries and employee parking. The space is positioned for either retail use or a service-oriented office concept, with tenant-facing frontage through the large glazing.

The suite is located at Blair Plaza at 867 US Highway 31 S in Traverse City, MI. The shopping center is described as offering great visibility and parking, with multiple national and regional companies operating in and around Blair Plaza.

Lease terms described in the listing include tenant responsibility for utilities and water/sewer (approx. $65.74 monthly), a share of snow removal (approx. 6.49% annually), and liability insurance. The landlord pays landscaping, property taxes, and building insurance.

Key Highlights

  • Endcap retail unit in Blair Plaza with big windows
  • Service door provides access to the back lot for deliveries and employee parking
  • Retail for lease with space suited for a retail business or service‑oriented office

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Bakery Locksmith Law Firm

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
$2.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

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

$21.63 /SF/Yr
Avg Asking Price
$8.34–$37 /SF/Yr
Price Range
4,964 SF
Avg Space Size

This space is priced 33% below the average of $21.63 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Endcap unit with large windows, plus a service door for deliveries and employee parking within Blair Plaza.
Where is this retail space located?
The property is located at 867 Us Highway 31 S Traverse City, MI.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Endcap retail unit in Blair Plaza with big windows; Service door provides access to the back lot for deliveries and employee parking; Retail for lease with space suited for a retail business or service‑oriented office
More about this property
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