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    Traverse City, MI NNN Properties for Sale

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    Cedar, MI Williamsburg, MI Acme, MI
    Traverse City Retail Condominium
    $924,000
    2,000 SF
    Traverse City Retail Condominium

    204 E Front St, Traverse City, MI 49684

    Single-tenant retail condo in downtown Traverse City, fully leased.
    • Prime Front Street location in downtown Traverse City.
    • Fully leased to a strong retail operator (Serendipity) on a new 5‑year NNN lease.
    • Predictable, hands‑off cash flow with a true triple‑net lease structure.
    • High CAP rate of 7.14%.
    • Flexible C‑4B zoning allowing for a wide range of permitted uses.
    Updated: Apr 24
    View details
    Traverse City Retail Opportunity
    $2,535,243
    8,963 SF
    Traverse City Retail Opportunity

    3180 S Airport Rd W, Traverse City, MI 49684

    Retail space in high-growth, tourism-driven Traverse City market.
    • Excellent location in Traverse City's premier retail corridor
    • Proven national brand tenant: Pet Supplies Plus
    • High‑growth, tourism‑driven Traverse City market
    • Below market rent
    • High reported sales for tenant
    Updated: May 15
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    Downtown Traverse City Retail Condo
    $949,000
    2,000 SF
    Downtown Traverse City Retail Condo

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

    204 E Front Street, Traverse City, MI 49684

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    Pet Supplies Plus Outlot
    $2,535,243
    8,963 SF
    Pet Supplies Plus Outlot

    Retail outlot on premier retail corridor near Grand Traverse Mall.

    3180 W South Airport Rd, Traverse City, MI 49684

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    Traverse City Retail Building on US-31
    $1,985,000
    8,250 SF
    Traverse City Retail Building on US-31

    Highly visible retail building with frontage on US-31.

    274 US-31, Traverse City, MI 49685

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    NNN Leased Walgreens with Drive-Thru
    $3,662,000
    14,550 SF
    NNN Leased Walgreens with Drive-Thru

    Long-term NNN leased Walgreens near McLaren Northern Michigan medical center.

    991 S Main St, Cheboygan, MI 49721

    View details
    Free-Span Retail Fronting Wal-Mart Super Center
    $850,000
    7,000 SF
    Free-Span Retail Fronting Wal-Mart Super Center

    NNN retail property with open free-span layout and dedicated parking, positioned directly in front of a major anchor.

    11617 Straits Hwy, Cheboygan, MI 49721

    View details
    Freestanding Retail Building in Menominee
    $3,900,000
    5,080 SF
    Freestanding Retail Building in Menominee

    5,080 SF retail building on 1.65 AC available for sale.

    3101 10th St, Menominee, MI 49858

    View details
    NNN Leased Grocery Store
    $8,566,000
    74,266 SF
    NNN Leased Grocery Store

    NNN leased grocery store with 10-year remaining term.

    1207-1401 8th Ave, Menominee, MI

    View details

    Traverse City, MI Nnn Properties Market Trends and Statistics

    Explore 5 nnn properties for sale in Traverse City, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 30,176 square feet of properties for sale, with an estimated market value of $8,928,486.

    Sale prices for triple net lease properties in Traverse City, MI start at $924,000, averaging $1,785,697, and reaching up to $2,535,243 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49684 $1.7M
    49685 $2M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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