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916 US Highway 31 S 1,500 - 3,639 SF of Retail Space Available in Traverse City, MI 49685
HIGHLIGHTS
- Versatile layout accommodating various retail or commercial uses
- Customizable interiors to suit specific business requirements
- Ample on-site parking for customers and employees
- Efficient floor plan for streamlined operations and product displays
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A2 | 1,500-3,639 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste A2
Please contact listing broker for Check out this exciting leasing opportunity at 916 US Hwy 31 SOUTH, located in the heart of Traverse City, MI. With its strategic location, this property is the perfect choice for businesses looking to establish and expand their presence within Traverse City. Reach out to our team for further information and arrange a showing.detail.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Retail end cap available.
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 916 US HIGHWAY 31 S, TRAVERSE CITY, MI 49685
- Family Video
PROPERTY FACTS
| Total Space Available | 3,639 SF | Gross Leasable Area | 7,082 SF |
| Min. Divisible | 1,500 SF | Year Built | 2000 |
| Property Type | Retail | Parking Ratio | 6.64/1,000 SF |
| Total Space Available | 3,639 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,082 SF |
| Year Built | 2000 |
| Parking Ratio | 6.64/1,000 SF |
ABOUT THE PROPERTY
Uncover the potential of 916 US Hwy 31 South, a premier leasing opportunity for retail or commercial ventures in Traverse City. This well-appointed property offers a versatile layout, expansive storefront, and ample parking, ensuring high visibility and convenience for customers. Its strategic location creates an optimal environment for attracting steady foot traffic and enhancing brand exposure. With modern amenities, customizable interiors, and a professional exterior, the space provides a welcoming and dynamic environment suitable for a variety of retail or commercial uses. The adaptable layout allows for efficient floor planning and product displays, making it an excellent fit for businesses seeking a prominent and adaptable space to engage their target audience.
- Corner Lot
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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916 US Highway 31 S
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