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www.lormaxstern.com Andrew Luckoff Leasing 248.737.7110 aluckoff@lormaxstern.com ACME TOWNSHIP 87,000 S.F. BUILDING DEVELOPMENT POSSIBLITIES RETAIL PROPERTY FOR LEASE

87,000 S.F. BUILDING · 2019. 3. 11. · TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES ... One of the Property's many advantages is its strategic location to Traverse City. ... • Less

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Page 1: 87,000 S.F. BUILDING · 2019. 3. 11. · TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES ... One of the Property's many advantages is its strategic location to Traverse City. ... • Less

www.lormaxstern.com

Andrew [email protected]

ACME TOWNSHIP87,000 S.F. BUILDINGDEVELOPMENT POSSIBLITIES

RETAIL PROPERTY FOR LEASE

Page 2: 87,000 S.F. BUILDING · 2019. 3. 11. · TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES ... One of the Property's many advantages is its strategic location to Traverse City. ... • Less

www.lormaxstern.com

Andrew [email protected]

PROPERTY SUMMARY

Available SF: 87,000 SF

Lot Size: 11 Acres

Outlot Ground Lease Available Contact for Info

TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES

Population 16,974 62,199 99,139

Median HH Income $69,810 $59,148 $58,205

Est. Households 7,292 27,404 42,126

PROPERTY DESCRIPTIONThis 87,000 square foot building, a former Kmart, is adjacent toTom's Food Market. Located directly across the street is GrandTraverse Resort & Spa which has 600 guest rooms andcondominiums as well as its three championship golf courses.New retailers to the this area include Meijer, Advance Auto Partsand Tractor Supply. The property is in close proximity to the newTurtle Creek Casino & Hotel, which will be going through anotherexpansion, and neighbors Traverse City, which is a year-roundtourist destinations that draws over 3.3 million visitors per year.

PROPERTY HIGHLIGHTS• Strategically located close to Traverse City retail corridor

• Adjacent to Grand Traverse Resort and Spa less than 5 milesfrom Turtle Creek Casino & Hotel

• Serves a wide range of demographics drawing from over 30miles

• Property offers multiple opportunities for new uses, withoutlot opportunities available for ground lease

87,000 S.F. BUILDING6455 US Highway 31 N, Acme Township, MI 49690

RETAIL PROPERTY FOR LEASE PROPERTY OVERVIEW

Page 3: 87,000 S.F. BUILDING · 2019. 3. 11. · TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES ... One of the Property's many advantages is its strategic location to Traverse City. ... • Less

www.lormaxstern.com

Andrew [email protected]

LOCATION DESCRIPTIONOne of the Property's many advantages is its strategic location to Traverse City. Traverse City is the largest city in the 21-county Northern Michigan region and is the county seat of Grand Traverse County. In 2012, over 3.3 million visitors traveled to the Traverse City area. These visitors resulted in $1.18 billion in direct spending to area businesses.

Traverse City is known as the cherry capital of the world, as the five counties around the c ity produce 40 percent of the annual tart cherry crop in the United States. With tourism draws like Cherry Festival, Sleeping Bear Dunes and other year round events, the Traverse City area is the place to be in Northern Michigan.

LOCATION HIGHLIGHTS

• Located less than 10 Miles from Traverse City

• Across from the Grand Traverse Resort and Spa

• Less than 5 miles from Turtle Creek Casino & Hotel

87,000 S.F. BUILDING6455 US Highway 31 N, Acme Township, MI 49690

RETAIL PROPERTY FOR LEASE LOCATION SUMMARY

PROPERTY

Page 4: 87,000 S.F. BUILDING · 2019. 3. 11. · TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES ... One of the Property's many advantages is its strategic location to Traverse City. ... • Less

www.lormaxstern.com

Andrew [email protected]

SITE PLANRETAIL PROPERTY FOR LEASE

87,000 S.F. BUILDING6455 US Highway 31 N, Acme Township, MI 49690

PROPOSED PLANW/OUTLOT POSSIBILITES

Page 5: 87,000 S.F. BUILDING · 2019. 3. 11. · TRADE AREA DEMOS 5 MILES 10 MILES 15 MILES ... One of the Property's many advantages is its strategic location to Traverse City. ... • Less

www.lormaxstern.com

Andrew [email protected]

87,000 S.F. BUILDING6455 US Highway 31 N, Acme Township, MI 49690

RETAIL PROPERTY FOR LEASE SITE PLAN

EXISTING PLAN