Starbucks & Hungry Howie's Pizza
Retail | 6.02% CAP | 3,400 SqFt
Marketing description
Traverse City is a city located along the coast of Lake Michigan. Known for its picturesque outdoor offerings, Traverse City is a popular destination when visiting the Great Lakes. Once known almost exclusively as the "Cherry Capital" of the World, Traverse City is quickly becoming a destination recognized for its incredible wine.
Traverse City is located in northern Michigan, and is the county seat of Grand Traverse County, although it partly extends into Leelanau County. Traverse City is the largest city in Northern Michigan, and is at the head of the East and West arms of Grand Traverse Bay, a 32-mile-long bay of Lake Michigan. Grand Traverse Bay is divided into arms by the 18-mile-long Old Mission Peninsula, which is attached at its base to Traverse City. The city borders four townships–East Bay, Elmwood, Garfield, and Peninsula–all of which are primarily suburban.
Traverse City is nicknamed "the Cherry Capital of the World", as the area surrounding Grand Traverse Bay is a hot spot for cherry production. The city hosts the National Cherry Festival, attracting approximately 500,000 visitors annually.
Investment highlights
- Located at signalized corner of US-31 (ADTC- 25,118 - Front Street) and Garfield
- Shared parking lot with Dollar Tree (open 2026)
- Near Old Mission Peninsula Wine Trail – 10 vineyards along 19 miles of coastline
- Grand Traverse County summer population – 160,000
- One half mile from Traverse City High School, Eastern Elementary & Northwestern Michigan College
- 5-mile average household income - $98,035
- Hungry Howie's – Placer ranking top 10% in the U.S.
- Starbucks – Placer ranking top 15% in the U.S.
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