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NATIONAL RETAIL MFR | NNN | 3.5% ANNUAL BUMPS 100 Harbor Dr 305,000 SF Industrial Building Charlevoix, MI 49720 $17,516,888 ($57.43/SF) 8.50% Cap Rate

Industrial Properties Michigan Charlevoix 100 Harbor Dr, Charlevoix, MI 49720

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Investment Highlights

  • Long-Term Absolute Net Lease, featuring Above-Market 3.5% Annual Rental Increases throughout the Initial Term and all Option Periods.
  • Harbor Industries, Founded in 1946, Operates a Design-through-Delivery Model, Combining Research, Design, Technology, Custom Manufacturing, and more.
  • Regional Population Growth - the Traverse City MSA Grew 5.6% between 2014 and 2024 to Roughly 157,000 Residents.
  • Location Utilized as an Office, Manufacturing, and Warehouse Facility.
  • Institutional Scale, Rarely Traded - 305,000 Square Feet on 14.82 Acres Delivers a Footprint that Almost Never Comes to Market North of Traverse City.
  • US-31 Regional Corridor Frontage - Charlevoix Sits Directly on US-31, Northern Michigan’s Primary North-South Commercial Artery.

Executive Summary

Harbor Industries | 20 Year Absolute Net Lease | Favorable 3.5% Annual Increases | Large Land Lot | National Manufacturer of Custom Retail Environments | Immediate US-31 Access - Northern Michigan’s Primary Artery | One-Day Truck Reach to Major Markets | Deepwater Great Lakes Port Heritage | Regional Population Growth | Direct Adjacency to Charlevoix Municipal Airport
Michigan Broker of Record: Paul Kerber | Two Towne Square, Ste. 450 Southfield, MI 48076 | P: (248) 415-2600 | Lic #: 6502433613 | Paul.Kerber@Marcus&Millichap.com

Property Facts

Price $17,516,888 Rentable Building Area 305,000 SF
Price Per SF $57.43 No. Stories 1
Sale Type Investment Year Built 2005
Cap Rate 8.50% Tenancy Single
Property Type Industrial Parking Ratio 0.16/1,000 SF
Property Subtype
Manufacturing
  • General Retail Freestanding
  • Industrial Distribution
  • Industrial Warehouse
 Clear Ceiling Height 32’
Building Class A No. Dock-High Doors/Loading 8
Lot Size 15.12 AC No. Drive In / Grade-Level Doors 3
Zoning I - Industrial
Price $17,516,888
Price Per SF $57.43
Sale Type Investment
Cap Rate 8.50%
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Freestanding
  • Industrial Distribution
  • Industrial Warehouse
Building Class A
Lot Size 15.12 AC
Rentable Building Area 305,000 SF
No. Stories 1
Year Built 2005
Tenancy Single
Parking Ratio 0.16/1,000 SF
Clear Ceiling Height 32’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 3
Zoning I - Industrial

Amenities

  • Security System
  • Common Parts WC Facilities
  • Fluorescent Lighting
  • Air Conditioning

Utilities

  • Lighting - LED
  • Water - County
  • Sewer - County

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Harbor industries
  • Retailer
  • 305,000 SF
  • -
  • Triple Net
  • Jul 2046
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Harbor industries Retailer 305,000 SF - Triple Net Jul 2046

Links

1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Source: Local Logic®
(858) 373-3184

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 41794357

  • Date on Market: 4/5/2026

  • Last Updated:

  • Address: 100 Harbor Dr, Charlevoix, MI 49720

The Industrial Property at 100 Harbor Dr, Charlevoix, MI 49720 is currently available for Sale. Contact The Mansour Group of Marcus & Millichap for more information.

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NATIONAL RETAIL MFR | NNN | 3.5% ANNUAL BUMPS | 100 Harbor Dr

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