Traverse City, MI NNN properties for Rent & Lease

Updated: Mar 25

Retail Space with 20-Foot Ceilings

A-1212 W South Airport Rd, Traverse City, MI 49686

$10 SF/Yr

18,773 sqft

18,773 sq ft commercial space available for lease in an established shopping center
Flexible open floor plan for retail, showroom, or other commercial uses
20‑foot ceilings provide a spacious, high‑ceiling interior
Private entrance offers convenient and exclusive access
Triple Net (NNN) lease structure with operating expense control and transparency

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Updated: May 14

Freestanding QSR with Absolute NNN Lease

720 E Front St, Traverse City, MI 49686

Contact for pricing

3,194 sqft 0.61 AC lot

Freestanding quick‑service restaurant built in 1994: 3,194 SF on a 0.61‑acre parcel
20‑year absolute NNN lease with Taco Bell
Projected NOI of $91,138
Located at 720 E Front St in Traverse City on a high‑traffic commercial corridor
True triple‑net structure with minimal landlord responsibilities

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Freestanding KFC Restaurant Building

311 Us Highway 31 S, Traverse City, MI 49685

Contact for pricing

3,179 sqft 1.96 AC lot

Freestanding KFC is leased on a 20-year triple-net basis at a prominent US-31 site in Traverse City.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 3 Active listings in Traverse City, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 14 Properties for Sales.

NNN properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Medical Office Suite with Exam Rooms

1445 Sheldon Road, Grand Haven, MI 49417

$21 SF/Yr

2,449 sqft 0.99 AC lot

Main-level medical office suite with reception, four exam rooms, lab room, and ADA restroom within a medical center campus.

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Garden-Level Medical Office Suite

1445 Sheldon Road, Grand Haven, MI 49417

$19 SF/Yr

6,928 sqft 0.99 AC lot

A 6,928 SF garden-level suite with reception, 15 private offices/exam rooms, and two in-suite ADA restrooms.

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7-Eleven Convenience Store

2500 North Saginaw Road, Midland, MI 48640

Contact for pricing

3,136 sqft 1.02 AC lot

Single-tenant retail property with an Absolute NNN lease and contractual annual rent increases.

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Purpose-Built Day Care Center

5305 Perrine Rd, Midland, MI 48640

Contact for pricing

11,485 sqft

Modern, single-tenant childcare facility with a long-term lease and corporate guaranty.

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Similar Spaces for Sale in Traverse City, MI

Consider Similar Space for Sale. We found 14 Spaces matching your search parameters.

Four-Tenant NNN Commercial Property

2751 N US-31 S, Traverse City, MI 49684

$2,390,000

13,550 sqft 1.28 AC lot

Fully occupied commercial property with four tenants and true triple-net leases along US-31.

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Burger King Drive-Through Restaurant

2500 Crossing Circle, Traverse City, MI 49684

$2,000,000

3,618 sqft 1.36 AC lot

Single-tenant restaurant with a new long-term NNN lease and dedicated parking lot.

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Freestanding KFC Net Lease

311 US Hwy 31 S, Traverse City, MI 49685

$1,193,292

3,179 sqft 1.96 AC lot

Freestanding KFC on a 1.96-acre parcel along US-31, secured by a 20-year triple net lease.

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Fully Occupied NNN Commercial Property

2751 N US-31 S, Traverse City, MI 49684

$2,390,000

13,550 sqft

Multi-tenant commercial asset with four occupants, true triple-net leases, and annual rent increases.

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NNN Commercial Condo

232 E State Street, Traverse City, MI 49684

$950,000

2,270 sqft 0.16 AC lot

Tenant-occupied space carries a 10-year NNN lease with two renewal options.

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Open-Plan Retail Space

Traverse City, MI 49686

$2,500,000

18,773 sqft

Adaptable retail premises in an established shopping center with private access and on-site parking.

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Tenant-Occupied Commercial Condo

A-232 E State St, Traverse City, MI 49684

$950,000

2,270 sqft

Newly constructed 2,270 SF commercial condo is tenant occupied under a 10-year NNN lease.

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NNN Commercial Condo

232 State Street, Traverse City, MI 49684

$950,000

2,270 sqft

Tenant-occupied commercial space with a 10-year NNN lease and two renewal options.

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Single-Tenant Retail Condominium

E 204 E Front Street Unit SourceFi, Traverse City, MI 49684

$899,000

2,000 sqft

Fully leased single-tenant storefront with NNN structure, open sales floor, fitting rooms, rear storage, and private restroom.

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Single-Tenant Burger King NNN Property

Traverse City, MI 49684

$2,000,000

Restaurant property supported by a new triple-net lease at closing.

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Pet Supplies Plus Outlot

3180 W South Airport Rd, Traverse City, MI 49684

Contact for pricing

8,963 sqft

Retail outlot on premier retail corridor near Grand Traverse Mall.

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AMC Theatres Absolute NNN Property

3825 Marketplace Circle, Traverse City, MI 49684

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Corporate-guaranteed theater investment with zero landlord responsibilities and long-term lease extensions.

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Pizza Hut NNN Leasehold

3050 N US Highway 31 S, Traverse City, MI 49684

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For sale Pizza Hut property offered with an absolute net long-term lease and zero landlord responsibilities.

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Professional Office Units with NNN Sublease

130 Union Street, Traverse City, MI 49684

Contact for pricing

5,000 sqft

Flexible office floors provide private rooms, collaborative areas, meeting space, kitchenettes, and restrooms in a downtown setting.

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Traverse City, MI NNN properties Lease Rates & Market Statistics

Browse 3 NNN properties for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 25,146 square feet of properties.

NNN properties lease rates in Traverse City range from $10 SF/Yr at the entry level to $10 SF/Yr at the top of the market, averaging $10 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $10 SF/Yr, the local average runs 43% below Michigan's state average of $17.55 SF/Yr.

Traverse City accounts for 100% of the 3 nnn properties currently available across Grand Traverse County. NNN properties are one of the more limited space types in Traverse City, with just 3 listings currently available — a scarcity worth factoring into lease negotiations.

Featured Traverse City Real Estate Agencies

Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Re/max Bayshore Properties

500 South Union St. Traverse City, MI 49684

Phone: 12319415600

Keller Williams Northern Michigan

830 E. Front Street, Suite 110 Traverse City, MI

Phone: 12319478200