$ 2,000,000
-
$2,000,000
Price -
1.36
Acre
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About the Listing 78000000061599 - 78000000450035
Three West Commercial is pleased to offer for sale a single-tenant, net-leased Burger King investment at 2500 Crossing Circle in Traverse City, Michigan, priced at $2,000,000 (6.57% CAP). The property will be delivered with a new 12-year triple-net lease at closing, backed by the franchisee who has operated in the Traverse City market since 1973. Situated within the Grand Traverse Crossing retail corridor alongside Walmart, Home Depot, and the Grand Traverse Mall, the asset benefits from a dominant, high-traffic trade area serving Grand Traverse County. With a true NNN structure requiring no landlord management and a long-tenured operator guaranty, this offering presents a rare opportunity to acquire passive, durable income in one of Northern Michigan's strongest retail submarkets
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air,Central Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3618
- Basement: Slab
- Other: Forced Air,Central Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 144x416
- Roof: Asphalt
- Others: Block
- Sewer: Sewer (Sewer-Sanitary)
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0502200900
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2500 Crossing Cir Garfield Twp, MI 49684
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