Traverse Summit

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Traverse Summit

Type: Lease

3450 W. South Airport Road Traverse City MI Grand Traverse County

Property Type: Shopping Center

Date Available: Immediate

Rent: Box: $12.00/SF
Shops: $25.00/SF

Contact Person(s): Michael Lippitt & Bruce Simon

(248) 488-2620

Description:

Traverse Summit is located at the northeast corner of US-31 South and W. South Airport Road, the “Main & Main” intersection for retail in greater Traverse City, MI. The center operates as an outlot to the Grand Traverse Mall directly adjacent and east of the center (Macy’s, JCPenney, Target, Dunham’s, TJ Maxx). Up to 46,000 SF is available in one “box” or shops from 2,400–4,000 SF (endcap). The subject property has unprecedented access, signage, and visibility and is literally surrounded by Traverse City’s best, national retailers. The trade area has over 200,000 people and draws from 21 surrounding counties. The area boasts over three million tourists annually. Two new anchor pylon signs to be constructed on the site!

Please call us to discuss your specific requirements.

NNN Expense: $3.25/SF

Available Space: Box: approx. 46,000 SF
Shops: 2,400-4,000 SF

Zoning: C-P "Planned Shopping"

Gross Leasable Area: 86,010 SF

Improvements: "White Box" delivery

Tenant Roster: Buffalo Wild Wings, CityMac

Traffic Count: US-31 = 28,502 cpd
South Airport Rd = 36,468 cpd

Demographic Info:

Radius: 5 Mile 10 Mile 20 Mile
Population Density: 46,623 84,789 128,787
Avg. HH Income: $67,537 $76,044 $77,158

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.