Starbucks - Hungry Howie's Pizza — Sale in Traverse City, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Property
  • Location: Traverse City, MI 49686

Photos

Starbucks - Hungry Howie's Pizza — Sale in Traverse City, MI, photo 1 of 2
Starbucks - Hungry Howie's Pizza — Sale in Traverse City, MI, photo 2 of 2

Investment Figures

Cap rate
6.33%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Starbucks and Hungry Howie's Pizza occupy a 3,400 square foot plaza next to Dollar Tree at the intersection of Garfield and Front St. (US 31) near downtown Traverse City. The plaza was built in 2017. Both tenants are on triple net leases. Within one half mile is Traverse City Elementary and High School and Northwestern Michigan College. The Grand Traverse County Civic Center and Ice Arena are one block away. Investment Highlights: • Starbucks and Hungry Howie's Pizza - Both Rank in Top 15 Percent Nationally Placer Report - Triple Net Leases • At the "Gateway" of Old Mission Peninsula Wine Trail • Adjacent to New Dollar Tree - Open 2026 • Located at Signalized Intersection of Garfield and Front Street (US 31 - Average Daily Traffic Count: 25,118) • Within One Half Mile of Northwestern Michigan College, Traverse City Elementary and High School

Market Context

This retail in Traverse City, MI is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Traverse City, MI — view the full market.

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This listing comes from the Marcus & Millichap website. CREhunt does not pass messages to the broker. Contact the broker directly.

Questions to ask the broker

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  • What is the asking price?
  • What is the current zoning, and does it allow my intended use?
  • How many parking spaces come with the property?

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