2500 Crossing Circle
$2,000,000
2500 Crossing Circle, Traverse City, MI 49684
3,618 sqft
Building Size
1.36 acres
Lot Area
Details:
Highlights:
- Single-tenant, net-leased Burger King with a new 12-year NNN lease
- Franchisee/Operator in Traverse City since 1973
- High Traffic, Retail Hub location
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
Located at the south intersection of South Airport and Crossing Circle, in front of Home Depot.
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