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For Sale

Walgreens - Traverse City, MI

3900 N US Highway 31 S,
Traverse City, MI 49684

Asset Snapshot

$500,000
NOI
2004
Year Built
1
Floor Count
1
Building Count
100%
Occupancy

Offering Summary

Investment Overview

Introducing an exceptional investment opportunity in the heart of Traverse City, Michigan. This impressive retail property boasts a spacious 14,748 SF building, meticulously constructed in 2004 and thoughtfully designed to meet a range of retail needs. Zoned C-GENERAL, the versatile space offers endless possibilities for retail or free-standing ventures. With its prime location in the bustling Traverse City area, this property presents an unmissable chance for investors seeking a lucrative opportunity in a thriving market. Don't miss your chance to make a lasting mark in this dynamic community.


Investment Highlights

  • 70th Percentile Walgreen's Store, Per Placer.ai
  • Surging Sales Growth, +7.07% YoY, +12.5% Over The Last Two Years
  • Across The Street From The #1 Meijer Store In The System, Per Pacer.ai
  • Robust Retail Corridor With Dozens Of National Retailers Surrounding The Property
  • 2004 Build To Suit
  • 14,748 Square Foot Free-Standing Building With A Drive-Thru
  • Large 4.2 Acre Site
  • Strong Visibility To Over 25,000 VPD
  • Traverse City, MI MSA Boasts A Population Of Over 157,000 People
  • Traverse City was Voted Top 10 Best Places to Go in 2025 by the Wall Street Journal
  • Fee Simple Offering (Land And Building)

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Listing Syndicated From

Buildout
For Sale
$5,300,000
Asking Price