Specialty

Traverse City, MI Specialty Properties for Lease

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Retail Space with 20-Foot Ceilings
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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Freestanding QSR with Absolute NNN Lease
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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Corner Specialty Commercial Property
Corner Specialty Commercial Property

1209 E Eighth Street, Traverse City, MI 49686

Contact for pricing
2,764 sqft  Built 1963

Commercial zoning and dedicated parking support a range of business uses at this east-side property.

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3 active listings match your search: Specialty for lease in Traverse City, MI. Based on your search, we've also compiled 29 Potential Opportunities for your consideration: 4 spaces in nearby cities and 25 properties for sale.

Specialty properties for Lease in Nearby Cities

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

Specialty Building with Open Layout
Specialty Building with Open Layout

1122 Gornick Ave, Gaylord, MI 49735

Triple net (NNN)
$2,250/Mo
3,440 sqft

An adaptable interior includes two accessible restrooms, an office, a kitchenette, and in-floor heat.

Ample Parking  Handicap Accessible Bathrooms  Office  Kitchenette
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7-Eleven Convenience Store
7-Eleven Convenience Store

2500 North Saginaw Road, Midland, MI 48640

Contact for pricing
Single tenant  3,136 sqft

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

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Purpose-Built Day Care Center
Purpose-Built Day Care Center

5305 Perrine Rd, Midland, MI 48640

Contact for pricing
11,485 sqft  Built 2024

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

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New Dollar General Investment Property
New Dollar General Investment Property

10464 Old 27 S., Gaylord, MI 49735

Contact for pricing
Built 2025

New Dollar General in Gaylord, MI with long-term NNN lease.

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Similar Spaces for Sale in Traverse City, MI

Consider Similar Space for Sale. We found 25 Spaces matching your search parameters.

Stand-Alone NNN Storefront
Stand-Alone NNN Storefront

3301 W S Airport Road, Traverse City, MI 49684

$1,200,000
4,992 sqft 0.95 AC lot

Stand-alone retail building with NNN leases, parking, and positioning across from a Grand Traverse Mall entrance.

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Four-Tenant NNN Commercial Property
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.

View details
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.

View details
NNN Multi-Tenant Commercial Property
NNN Multi-Tenant Commercial Property

Traverse City, MI 49684

$2,390,000
13,550 sqft

Fully occupied commercial asset with four tenants and triple-net lease structures along US-31.

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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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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Airport Hangar Units
Airport Hangar Units

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft 0.19 AC lot

Co-op shares convey exclusive rights to individual aircraft storage units at Cherry Capital Airport.

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Heated Aircraft Hangar Units
Heated Aircraft Hangar Units

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft 0.19 AC lot

Co-op shares provide exclusive rights to insulated, heated hangar units with shared restroom access.

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Assisted Living Campus with Walkout Basements
Assisted Living Campus with Walkout Basements

3205 Supply Road, Traverse City, MI 49686

$1,490,000
7,990 sqft 7.44 AC lot

Two barrier-free residential buildings with shared community spaces, fire suppression, and guest walking paths.

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Aviation Hangar Co-Op Units
Aviation Hangar Co-Op Units

1218 Boon Street, Traverse City, MI 49686

$532,000
2,800 sqft 0.19 AC lot

To-be-built aircraft storage units with heated, insulated interiors and shared restroom access.

View details
To-Be-Built Aircraft Hangar Units
To-Be-Built Aircraft Hangar Units

2-1218 Boon St, Traverse City, MI 49686

$532,000
2,800 sqft

Three insulated, heated hangar units are planned at Cherry Capital Airport, each with epoxy flooring and LED lighting.

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To-Be-Built Heated Hangar Units
To-Be-Built Heated Hangar Units

1-1218 Boon St, Traverse City, MI 49686

$532,000
2,800 sqft

Three insulated, heated hangar units are offered as co-op shares at Cherry Capital Airport, each sized for general aviation storage.

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Modern Hangar Units at Airport
Modern Hangar Units at Airport

1218 Boon St, Unit 1, Traverse City, MI 49686

$532,000
2,800 sqft

To-be-built, insulated hangars with heated, epoxy-floored interiors and 15-foot clear door height.

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Barrier-Free Assisted Living Facility
Barrier-Free Assisted Living Facility

3255 Mahoney Drive, Traverse City, MI 49686

$749,000
3,995 sqft 3.61 AC lot

Former adult foster care property with shared gathering areas, accessible features, and flexible care-oriented layout.

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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.

View details
Heated Aviation Hangar
Heated Aviation Hangar

1200 Boon Street, Traverse City, MI 49686

$225,000
1,241 sqft 0.37 AC lot

Insulated steel hangar with epoxy flooring, airfield access, and shared restroom access at Cherry Capital Airport.

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Barrier-Free Assisted Living Facility
Barrier-Free Assisted Living Facility

3205 Supply Road, Traverse City, MI 49686

$749,000
3,995 sqft 3.83 AC lot

Existing residential-style layout includes shared gathering areas, accessible features, and a walking path across a country setting.

View details
Heated Aviation Hangar
Heated Aviation Hangar

1218 Boon Street # 3, Traverse City, MI 49686

$532,000
2,800 sqft

Planned aircraft-storage space will include insulation, epoxy flooring, LED lighting and use of a building-wide restroom.

View details
Aircraft Hangar Units
Aircraft Hangar Units

1218 Boon Street # 2, Traverse City, MI 49686

$532,000
2,800 sqft

Planned hangar units will include heat, insulation, epoxy flooring, LED lighting, and shared restroom access.

View details
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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Insulated Airport Hangar
Insulated Airport Hangar

1200 Boon Street, Traverse City, MI 49686

$225,000
1,241 sqft

Co-op shares provide exclusive rights to Unit 2, not fee ownership of the underlying property.

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Traverse City, MI Specialty properties Lease Rates & Market Statistics

Browse 3 Specialty properties for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 24,731 square feet of properties.

Specialty 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 $17.45 SF/Yr.

Traverse City accounts for 75% of the 4 specialty properties currently available across Grand Traverse County, where a nearby market includes Kingsley.

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