2500 Crossing Circle Traverse City, MI $ 2,000,000
2500 Crossing Circle
$ 2,000,000
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2500 Crossing Circle

Traverse City, MI, 49684
$ 2,000,000
Bedrooms-- Baths-- Sq 3,618

Monthly Estimate*

$ 12,628

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Commercial Property for sale in Traverse City, MI

for $2,000,000. This 3,618 square foot building was built in 1999 on a lot size of 1.36.

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

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.36

Year Built

1999

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1950172

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow Subject To Tenant Rights
Roof Asphalt Membrane
Construction Materials Block Brick
Year Built 1999
Township Garfield
Property Subtype Retail
Business Type Food & Beverage
Accessibility Accessible Entrance Accessible Approach with Ramp
Assoc Fee Paid Per Annually
Business Name None
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Building Features None
Rent Includes None
Status New
Directions Located at the south intersection of South Airport and Crossing Circle in front of Home Depot.
City Traverse City
Zoning Description Planned Unit Development
Lot Size Units Acres
Lot Size Square Feet 59241.6
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 416069
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lengthy see documents.
Year Built Effective 2018
Freehold VOW BBO IDX
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Exterior
Parking Features Paved Parking Lot
Lot Features Shopping Center Freestanding
Water Source Public
Lot Size Area 1.36
Foundation Details Slab
Spa N
Lot Dimensions 144x416
Lot Size Acres 1.36
Other Parking Paved Parking Lot
Waterfront Y/N N
Road Responsibility Private Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Three West, Llc

Broker

(231) 534-5225

Phone

Affordability Calculator

$12,628
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$2,000,000 Listed Price

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2500 Crossing Circle, Traverse City, MI, 49684 is a Commercial Property for sale at $2,000,000 with 3,618 sqft and a lot size of 1.36. 2500 Crossing Circle was built in 1999. The property's zip code is 49684 which is in Traverse City, MI