2500 Crossing Circle, GarfieldCharterTownship_GrandTraverse, Michigan

$2,000,000

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About 2500 Crossing Circle

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

Features of 2500 Crossing Circle

MLS® # 78080073198
Price $2,000,000
Acres 0.00
Year Built 1999
Type CommercialSale
Status Active

Community Information

Address 2500 Crossing Circle
Area Area28041GarfieldTwp
Subdivision NONE
City GarfieldCharterTownship_GrandTraverse
County GrandTraverse
State Michigan

Amenities

Utilities NaturalGasConnected
Parking ParkingLot
Is Waterfront No
Has Pool Yes

Interior

Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplace Yes

Exterior

Roof Asphalt
Construction Block
Foundation Slab

School Information

District TraverseCity
High TraverseCity

Additional Information

Foreclosure Yes
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeThree West, LLC

Listing Map

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