2325 Sybrandt Road, Traverse City, MI

Industrial for Sale - $4,300,000 - 58,960 Sq. Ft.


Agent Info

Dan Stiebel
Coldwell Banker Schmidt

Property Info

CIMLS#1189412
Location
  2325 Sybrandt Road
  Traverse City MI 49684
UpdatedMarch 26th, 2026
TypeIndustrial
Price$4,300,000
Building58,960 Sq. Ft.

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 7.9% 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.


Financials