Contacts

Daniel Stiebel

Coldwell Banker Schmidt Realtors

(231) 633-0432

Property Details

Property Type Other
Property Size 12,000 SF
Year Built 1995
Date Updated May 5, 2024
Website www.cbcworldwide.com

Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.

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Highlights

Corner of Rennie School Rd and Elmer's Asphalt Dr.
Heating - Fuel Type: Gas
Heating Type: Forced Air
Road Type: City / Town Street
Roof: Asphalt Shingle Roof
Water: Well

Getting around

11/100
Walk Score ®
23/100
Bike Score ®

Powered by Walk Score ®

City Traverse City, MI
Zip Code 49685
Market Memphis

Points of Interest

Marathon

0.58 miles
Shell

1.10 miles
Family Fare Quickstop

1.16 miles
Sam's Club

2.27 miles
Shell

2.47 miles
Speedway

2.55 miles
Shell

2.58 miles
Mutual Service Station

2.60 miles
Blarney Castle Fleet Fuel

3.09 miles
Marathon

3.19 miles

Optimist Cabin Property Trailhead

1.49 miles
Emerald Creek Apartments Resident Parking

2.60 miles
Miller Creek Nature Reserve Resurrection Life Church Trailhead

2.83 miles
Long Term Parking

4.70 miles
Long Term Parking

4.73 miles
Short Term Parking

4.75 miles
Lot K

4.92 miles
Lot C

5.11 miles
Old Town Parking Deck

5.20 miles
Lot B

5.20 miles

Econo Lodge of Traverse City

1.24 miles
Fairfield Inn & Suites

2.21 miles
Baymont

2.30 miles
Courtyard

2.47 miles
Great Wolf Lodge

3.60 miles
Park Place Hotel

5.43 miles
Wellington Inn

5.45 miles
The Whiting

5.48 miles
Hotel Indigo

5.56 miles
Visit Up North Vacation Rentals

5.61 miles

Family Fare

1.13 miles
ALDI

2.54 miles
Macy's

2.60 miles
JCPenney

2.63 miles
Grand Traverse Mall

2.66 miles
TJ Maxx

2.68 miles
Target

2.75 miles
Walmart Supercenter

2.94 miles
Oryana West

3.06 miles
Buffalo Ridge

3.15 miles

In-Depth Research Available for this Property

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3520 Rennie School Rd