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    Traverse City, MI NNN Properties for Sale

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    Found 8 NNN property listings for sale in Traverse City, MI, averaging $327/sq ft. Use valuation data to compare deals faster.
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    Stand-Alone NNN Storefront
    Updated: Sep 11
    Stand-Alone NNN Storefront

    3301 W S Airport Road, Traverse City, MI 49684

    $1,200,000
    4,992 sqft 0.95 AC lot
    Across from a Grand Traverse Mall entrance
    0.95‑acre site in Traverse City
    100% occupancy maintained for 20+ years
    NNN leases with CAM adjustable based on expenses
    Reported 8% cap rate
    View details
    Four-Tenant NNN Commercial Property
    Updated: Aug 24
    Four-Tenant NNN Commercial Property

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

    $2,390,000
    13,550 sqft 1.28 AC lot
    13,550‑square‑foot commercial property on 1.28 acres
    Fully occupied by four tenants
    True triple‑net leases with annual rent increases
    Located on US‑31 in Garfield Township
    Adjacent to Red Lobster and across from Chick‑fil‑A
    View details
    NNN Commercial Condo
    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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    See hot listings in Traverse City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    NNN Retail Property with Two Units
    NNN Retail Property with Two Units

    Traverse City, MI 49684

    $1,200,000
    5,000 sqft

    Stand-alone commercial property across from a Grand Traverse Mall entrance, surrounded by national tenants and ongoing development.

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    Freestanding KFC Net Lease
    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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    NNN-Leased Retail Condo
    NNN-Leased Retail Condo

    232 E State Street # A, Traverse City, MI 49684

    $950,000
    2,270 sqft

    A tenant-occupied commercial condominium is secured by a long-term NNN lease with renewal options.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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

    Contact for pricing
    8,963 sqft

    Retail outlot on premier retail corridor near Grand Traverse Mall.

    View details
    8 active listings match your search: NNN for sale in Traverse City, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Freestanding Retail Building in Menominee
    Freestanding Retail Building in Menominee

    3101 10th St, Menominee, MI 49858

    Contact for pricing
    5,080 sqft 1.65 AC lot

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

    View details
    Freestanding NNN Property with Drive-Through
    Freestanding NNN Property with Drive-Through

    1290 W Main St, Gaylord, MI 49735

    $3,570,000

    Pharmacy facility leased under an absolute NNN structure.

    View details
    Drive-Through Restaurant Property
    Drive-Through Restaurant Property

    1354 West Main Street, Gaylord, MI 49735

    Contact for pricing

    New construction with high-capacity drive-through infrastructure and a corporate ground lease.

    View details
    NNN Leased Grocery Store
    NNN Leased Grocery Store

    1207-1401 8th Ave, Menominee, MI

    Contact for pricing
    74,266 sqft 0.01 AC lot

    NNN leased grocery store with 10-year remaining term.

    View details

    Traverse City, MI Nnn Properties Market Trends and Statistics

    Explore 8 nnn properties for sale in Traverse City, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 42,494 square feet of properties for sale, with an estimated market value of $8,833,292.

    Sale prices for triple net lease properties in Traverse City, MI start at $950,000, averaging $1,261,898, and reaching up to $2,390,000 — 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
    49685 $1.2M
    49684 $1.4M

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Traverse City, MI

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49685

    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.

    Wentworth Real Estate Group
    300 Front St. Traverse City, MI 49684
    Phone: (231) 735-3435
    https:www.johnwentworthgroup.com
    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: (231) 941-5600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: (231) 947-8200
    Why this one?
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