Your email has been sent.
1319 S Division St 1,000 - 12,000 SF of Retail Space Available in Traverse City, MI 49684
Highlights
- Grocery-anchored lifestyle center with Tom’s Food Market as the anchor tenant.
- High visibility and strong traffic counts at a signalized intersection on US-31.
- Serves a strong local customer base and booming seasonal demand from over 7.3 million annual visitors.
- Flexible spaces from 1,000 to 12,000 square feet, including pad sites for new construction.
- Surrounded by national retailers and positioned across from Meijer.
- Ample on-site parking and excellent regional connectivity near Cherry Capital Airport.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-12,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Market Village is a grocery-anchored lifestyle center with excellent visibility and ample parking along the busy US-31 corridor. Anchored by Tom’s Food Market and surrounded by national retailers, it serves a strong local residential base and a booming seasonal tourist population. Pad sites and existing retail spaces offer flexible opportunities, making this a rare, high-traffic retail location in Traverse City. Within a 20-minute drive time, the population is 144,000 with a median household income of $80,000.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Select Tenants at 1319 S Division St, Traverse City, MI 49684
- Tenant
- Description
- US Locations
- Reach
- Dollar Tree
- Dollar/Variety/Thrift
- 11,307
- International
- Tom's Food Markets
- Supermarket
- 1
- -
| Tenant | Description | US Locations | Reach |
| Dollar Tree | Dollar/Variety/Thrift | 11,307 | International |
| Tom's Food Markets | Supermarket | 1 | - |
Property Facts
| Total Space Available | 12,000 SF | Property Subtype | Storefront |
| Min. Divisible | 1,000 SF | Gross Leasable Area | 58,493 SF |
| Property Type | Retail | Year Built | 1968 |
| Total Space Available | 12,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 58,493 SF |
| Year Built | 1968 |
Nearby Major Retailers
Presented by
1319 S Division St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.