Six-Office Suite with Open
For Lease
$2,014/Mo Modified Gross
954 Business Park Drive, Traverse City, MI 49686
A reception area, kitchenette, and private restrooms support day-to-day office operations.
Space SizeContact for details
Property Size1,611 SF
Days on Market962
Property Features for 954 Business Park Drive
General Information
Standard status
Active
Size
1,611 SF
Total Parking Spaces
56
Zoning
Office
Lease Type
Modified Gross
Space & Availability
Space Use
Office
Private Offices
6
Amenities
private restrooms
kitchenette
extra storage
Building Details
Building Size
1,611 SF
Year Built
1995
Listing Agency:
CENTRAL REAL ESTATE MT PLEASANT, INC.
(989) 773-6000
Listed By:
Dave Zamarron · License #6502102202
(989) 621-8972
Source:
Centralmirealty
Added: Mar 20, 2024
Changed: Nov 4
Last Checked: Nov 4 at 2:23PM
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 CENTRAL REAL ESTATE MT PLEASANT, INC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,611-square-foot office suite includes six private offices, a reception area, and open work space. A kitchenette and private restrooms are shared with one other suite, and basement storage is available. The space was built in 1995 and is zoned Office.
The lease is modified gross, with the tenant responsible for electricity, HVAC, and water and sewer. Parking is available on site.
The lease is modified gross, with the tenant responsible for electricity, HVAC, and water and sewer. Parking is available on site.
Key Highlights
- 1,611‑square‑foot office suite with six private offices
- Reception area and open work space
- Kitchenette and private restrooms shared between two suites
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
244
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Traverse City, MI
$24.34 /SF/Yr
Avg Asking Price
$12–$56.57 /SF/Yr
Price Range
4,035 SF
Avg Space Size
This space is priced 38% below the average of $24.34 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, kitchenette, and private restrooms support day-to-day office operations.
Where is this office unit located?
The property is located at 954 Business Park Drive Traverse City, MI.
What is the lease rate?
The lease rate is $2,014/Mo.
What are key features of this property?
This property features: 1,611‑square‑foot office suite with six private offices; Reception area and open work space; Kitchenette and private restrooms shared between two suites
