2325 Sybrandt Rd
Traverse City, Michigan 49684
$4,300,000
58960 SQ. FT.
3.46 Acres
2325 Sybrandt Rd
Traverse City, Michigan 49684
$4,300,000
58960 SQ. FT.
3.46 Acres
Overview
100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 7.9% Cap rate with upside potential in the lease rates. Owner would vacate their unit, freeing up 15,000 - 24,000 SF, if buyer wanted to use part of the building. Sale includes 2 parcels totaling 3.4 acres.
Type
Commercial Real Estate
Price
$4,300,000
MLS#
1943241
Style
Manufacture/Warehouse, Wholesale, Service
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