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Traverse City, MI NNN Properties for Lease

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Williamsburg, MI Grawn, MI Kingsley, MI Elk Rapids, MI Suttons Bay, MI Buckley, MI Leland, MI Kalkaska, MI
Freestanding QSR with Absolute NNN Lease
Updated: May 14
Freestanding QSR with Absolute NNN Lease

720 E Front St, Traverse City, MI 49686

$1,402,123 SF/Yr
3,194 sqft
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
Updated: May 14
Freestanding KFC Restaurant Building

311 Us Highway 31 S, Traverse City, MI 49685

$1,193,292 SF/Yr
3,179 sqft
Freestanding KFC leased to KFC on a 20‑year triple net (NNN) basis
3,179 SF building on a 1.96‑acre parcel in Traverse City, MI
Annual NOI of $77,564
Tenant is responsible for taxes, insurance, and maintenance, keeping landlord responsibilities minimal
Long‑term lease in place to help reduce vacancy and rollover risk
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Traverse City, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

NNN properties for Lease in Nearby Cities

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

Two-Story Bar and Restaurant Building
Two-Story Bar and Restaurant Building

715 S 5th St, Milwaukee, WI 53204

$18,000/Mo
6,111 sqft

Bar/restaurant building with NNN lease structure and parking options for accommodating patrons.

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Freestanding KFC with Long-Term NNN
Freestanding KFC with Long-Term NNN

1490 Wright Ave, Alma, MI 48801

$780,771 SF/Yr
3,043 sqft

Freestanding KFC secured by a long-term 20-year NNN lease, with tenant responsible for taxes, insurance, and maintenance.

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COMMERCIAL - Milwaukee, WI
COMMERCIAL - Milwaukee, WI

715 S 5th St, Milwaukee, WI 53204

$10,000/Mo
6,111 sqft

Bars & Pubs · 6,111 SF

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Retail Space in Town Plaza
Retail Space in Town Plaza

1636 Wright Avenue, Alma, MI 48801

$15/Mo
5,500 sqft

Multi-use retail lease space within North Town Plaza on BUS-127 in Alma, MI.

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Similar Spaces for Sale in Traverse City, MI

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Tenant-Occupied Office Condo
Tenant-Occupied Office Condo

232 E State Street, Traverse City, MI 49684

$950,000
2,270 sqft 0.16 AC lot

Newly constructed office condo is tenant occupied under a 10-year NNN lease.

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Traverse City Retail Condominium
Traverse City Retail Condominium

204 E Front St, Traverse City, MI 49684

$924,000
2,000 sqft

Single-tenant retail condo in downtown Traverse City, fully leased.

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Leased Retail Condo with Restroom
Leased Retail Condo with Restroom

204 E Front St, Traverse City, MI 49684

$899,000
2,000 sqft

Single-tenant retail condominium with an open sales floor, fitting rooms, rear storage, and private restroom on Front Street.

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Tenant-Occupied Commercial Condo
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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Pet Supplies Plus Outlot
Pet Supplies Plus Outlot

3180 W South Airport Rd, Traverse City, MI 49684

$2,366,227
8,963 sqft

Retail outlot on premier retail corridor near Grand Traverse Mall.

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Single-Tenant Retail Condominium
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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Traverse City, MI NNN properties Market Trends and Statistics

Explore NNN properties leasing options in Traverse City, MI with 2 listings featured on our commercial real estate exchange. The current inventory includes 6,373 square feet of properties with an estimated lease value of $2,595,415.

Estimated lease rates for NNN properties in Traverse City, MI begin at $1,193,292, with an average of $1,297,707 and extend to $1,402,123.
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