Offering Memorandum
Investment Sale
Pet Supplies Plus
3180 W South Airport Rd
Traverse City, Michigan
Traverse City, Michigan
eCode:105i
Sales Price
$2,366,227
NOI
$177,467
Cap Rate
7.50%
Building Size
8,963 SF
Lot Size
1.33 AC
Year Built
1994 / Renov. 2022
Traffic Count
W South Airport Rd (23,814 CPD)
Highlights
- Excellent Location Within Traverse City’s Premier Retail Corridor
- Pet Supplies Plus – Proven National Brand / High Reported Sales
- Below Market Rent
- Traverse City – High-Growth, Tourism-Driven Market
- Limited Landlord Responsibilities
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 3,164 | 28,327 | 50,526 |
| Household Income | $77,050 | $96,683 | $106,189 |
| Daytime Pop | 5,351 | 27,319 | 40,115 |
SIMILAR PROPERTIES
Single-Tenant
39700 MacKenzie Dr
Novi, Michigan
Unpriced | 56,429 SF
Novi, Michigan
Unpriced | 56,429 SF
