Contacts

Daniel Stiebel

Coldwell Banker Schmidt Realtors

Property Details

Property Type Other
Additional Rent Contact for pricing
Year Built 1995
Date Updated Nov 21, 2024

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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
Speedway

2.55 miles
Mutual Service Station

2.60 miles
Blarney Castle Fleet Fuel

3.09 miles
Traverse City Supercharger

4.01 miles
Blink

5.20 miles
ChargePoint

5.22 miles

Lone Pine Trailhead Parking Lot

1.05 miles
Oleson Bridge Trailhead Parking Lot

1.10 miles
Keystone Rapids Trailhead Parking Lot

1.12 miles
Beitner Canoe Landing Parking Lot

1.15 miles
Jack's Landing Parking Lot

1.38 miles
Beaver Pond Trailhead Parking Lot

1.49 miles
Optimist Cabin Property Trailhead

1.49 miles
Meadows Pavilion Trailhead Parking Lot

1.56 miles
South Fields Parking Lot

1.68 miles
Central Fields Parking Lot

1.94 miles

Econo Lodge of Traverse City

1.24 miles
Fairfield Inn & Suites Traverse City

2.21 miles
Baymont

2.30 miles
Courtyard Traverse City

2.47 miles
Tru

3.59 miles
Great Wolf Lodge

3.61 miles
Ellis Lake Resort

5.25 miles
Park Place Hotel

5.43 miles
Wellington Inn

5.45 miles
The Whiting

5.48 miles

Family Fare

1.12 miles
ALDI

2.54 miles
Burlington

2.57 miles
Macy's

2.60 miles
JCPenney

2.63 miles
Grand Traverse Mall

2.66 miles
Target

2.74 miles
Walmart Supercenter

2.94 miles
Oryana West

3.06 miles
TJ Maxx

3.28 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

3520 Rennie School Rd