2325 Sybrandt Road, Traverse City, MI 49684

$3,950,000
2
BA
58,960
SqFt
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List Price
$3,950,000
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(231) 499-4448

Property Description

100% leased industrial/warehouse building with 5 tenants. Well located building near the corner of S. Airport and Cass Street. Offered at an 8.5% Cap rate with upside potential in the lease rates. Owner would vacate their unit, freeing up 15,000 - 24,000 SF, if buyer wanted to use part of the building. Sale includes 2 parcels totaling 3.4 acres.

(231) 499-4448
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Listing Courtesy of Coldwell Banker Schmidt Traverse City. 231-922-2350