Five Below
$2,314,286
3450 West South Airport Road, Traverse City, MI 49684
For Sale
Retail
Retail Pad
Active
Last Updated: 12/17/2024
7
Cap Rate
162,000
NOI
Details:
Cap Rate: 7%
NOI: $162,000
Building Size: 9,000 sqft
Year Built: 2020
Tenancy: Single
Lease Expire Year: 01/31/2031
Highlights:
- LONG TERM LEASE
- PAD TO GRAND TRAVERSE MALL
- STRONG, GROWING TENANT
- EXCELLENT VISIBILITY
- STRONG MARKET
Documents:
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Five_Below-Traverse_City__MI-OM__2022_.pdf
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Location
Gallery
