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
Listed By
Agency Name: Three West, LLC
Agency Phone: 231-929-2955
Shown By
Agent Name: Derek Berg
Agent Phone: Cell: (419) 279-6502
Agency Title: Key Realty
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2500 Crossing Circle | MLS# 1950172
This commercial property located at 2500 Crossing Circle, Traverse City, MI 49684 is currently listed for sale with an asking price of $2,000,000. Search Traverse City real estate on derekberg.ikeyrealty.com today.