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Warehouse with Office Area
For Lease
$3,000/Mo Modified Gross

D-528 Hughes Dr, Traverse City, MI 49696

Modified Gross warehouse space with an open front office and rear storage area near Garfield and Hammond Roads.

Space Size3,200 SF
Days on Market13

Property Features for D-528 Hughes Dr

General Information

Standard status Active
Size 3,200 SF
Net Rentable 3,200 SF
Lease Type Modified Gross

Property Condition

Severity Repairs Needed
Evidence no bathroom or water run

Space & Availability

Available Space 3,200 SF
Contiguous Space 3,200 SF
Space Use Warehouse

Warehouse & Industrial

Clear Height 12 ft
Drive-In Doors 1

Additional Details

Utilities to Site No

Building Details

Building Size 3,200 SF
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel Stiebel · License #6502352362
Source: Exprealty
Added: Sep 8 Changed: Sep 19 Last Checked: Sep 19 at 1:32PM

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 Coldwell Banker Schmidt Traverse City

Investment Insights

Based on property information with market context.

This 3200 SF warehouse is configured with an open office area at the front and warehouse space toward the rear. The building measures 40'x80' and has 11-12' ceilings, plus a 10' tall overhead garage door for loading and access. There is currently no bathroom or water service within the building.

The property is located on Hughes Dr near Garfield and Hammond Roads in Traverse City. Lease terms are Modified Gross, with the tenant responsible for a prorated share of utilities as well as snow and lawn service. An additional 2, 400 SF is available in the adjacent building for tenants requiring more space.

Key Highlights

  • 3200 SF warehouse building
  • 40'x80' building footprint with 11‑12' ceilings
  • 10' tall overhead garage door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store

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

12 ft
Clear height
1
Drive-in doors
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

138
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

$9.41 /SF/Yr
Avg Asking Price
$8–$12.22 /SF/Yr
Price Range
7,015 SF
Avg Space Size

This space is priced 20% above the average of $9.41 /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
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Similar Off Market Nearby

  • Allied Van Lines 2040 Traversefield Dr #100, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Warehouse - Modified Gross warehouse space with an open front office and rear storage area near Garfield and Hammond Roads.
Where is this warehouse located?
The property is located at D-528 Hughes Dr Traverse City, MI.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 3200 SF warehouse building; 40'x80' building footprint with 11‑12' ceilings; 10' tall overhead garage door
More about this property
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