Derek Berg

2500 Crossing Circle, Traverse City, MI 49684

$2,000,000
  • 2500 Crossing Circle, Traverse City, MI 49684 Main Photo

10 Photos

New to the Market New
MLS#1950172
STATUSNew PROPERTY TYPECommercial - Business SUBDIVISIONMI

Property Description

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

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.

Property Features

Property Type: Commercial - Business
Basement: Slab
Lot Size: 1.36 Acres
Roof Type: Asphalt, Membrane
Year Built: 1999

Feature Descriptions

Business Included: No
Construction: Block
Days on Site: 2
Exterior: Brick, Block
Heating/Cooling: Forced Air, Central Air
Lot Dimensions: 144x416
Parking: Paved, Parking Lot
Present Use: Restaurant/Food Service
Road: Privately Maintained
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No

Listed By / Shown By

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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