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308 US Highway 31 S 1,600 SF of Retail Space Available in Traverse City, MI 49685
Highlights
- Flexible Space
- Prime location
- Pylon Signage Availability
- AADT of 23,704 cars per day
- Private Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste STE A | 1,600 SF | 3 Years | $20.53 CAD/SF/YR $1.71 CAD/SF/MO $32,850 CAD/YR $2,737 CAD/MO | TBD |
1st Floor, Ste STE A
Take advantage of this outstanding opportunity to establish your business along the high-traffic US-31 corridor in Traverse City, MI.? This versatile space features exceptional visibility, dedicated private parking, and prominent pylon signage.? Ideal for either retail or office use, the unit offers the flexibility and exposure needed to support and grow your business in one of the area's most active commercial zones.?
- Flexible Space
- AADT of 23,704 cars per day
- Prime location
- Private Parking
- Pylon Signage Availability
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.
Select Tenants at 308 US Highway 31 S, Traverse City, MI 49685
- Tenant
- Description
- US Locations
- Reach
- Ace Handyman Services
- Home Improvement
- 118
- National
- Blasius Inc
- Professional, Scientific, and Technical Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ace Handyman Services | Home Improvement | 118 | National |
| Blasius Inc | Professional, Scientific, and Technical Services | 1 | - |
Property Facts
| Total Space Available | 1,600 SF | Gross Leasable Area | 6,400 SF |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Freestanding | Parking Ratio | 4.53/1,000 SF |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,400 SF |
| Year Built | 1999 |
| Parking Ratio | 4.53/1,000 SF |
About the Property
Take advantage of this outstanding opportunity to establish your business along the high-traffic US-31 corridor in Traverse City, MI.? This versatile space features exceptional visibility, dedicated private parking, and prominent pylon signage.? Ideal for either retail or office use, the unit offers the flexibility and exposure needed to support and grow your business in one of the area's most active commercial zones.?
- Signage
Nearby Major Retailers
Presented by
Manitou Commercial Real Estate
308 US Highway 31 S
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