Description

Retail investment property located in Traverse City, Michigan. Hickory Corners presents investors with an opportunity to acquire a well-constructed building in an outstanding location. Hickory Corners offers a significant immediate, stable net operating income with 92% occupancy. With quick access to downtown and the rest of the greater Grand Traverse Bay region via US-31/Division, Hickory Corners is situated in a highly desirable and visible location. Area highlights include Cherry City Airport, Boardman Lake, Traverse City Golf Course, Grand Traverse Mall and downtown Traverse City. The large population growth of above 10% and summer influx of residents demands a supply of retail establishments. A Confidentiality Agreement is available upon request to obtain further detail on this offering.