14,797 SF Industrial Facility For Sale or Lease. Property located in Traverse City, Michigan near Cherry Capital Airport

1. INDUSTRIAL FACILITY ­ FOR SALE | LEASE
528 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
Traverse City W. Grand
Traverse Bay E. Grand
Traverse Bay
DOWNTOWN
TRAVERSE CITY
Cherry Capital Airport
S. Airport Road
For information contact:
Hughes Drive
DAVID J FROST
DAVID J FROST
REALTOR
231.620.5705 Mobile
dfrost@threewest.net
THREE WEST, LLC
Licensed Real Estate Broker
4020 Copper View
Ste. 129 Three West is pleased to offer this excellent opportunity to Purchase or Lease this 14,797 +/‐ square
Traverse City, MI 49684 foot Industrial | Distribution Facility in Traverse City, Michigan, located in the Garfield‐Heidbreder
231.929.2955 Phone Industrial Park. This property is in a great location close to major streets and Cherry Capital Airport.
231.929.2970 Fax
231 929 2970 Fax The building consists of almost 3,000 SF of office, 8,300 SF of Shop/Warehouse area and 3,200 SF of
3 000 office 8 300 3 200
stand alone Warehouse. Approx. 3,300 SF of covered storage could also be enclosed.
©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of
the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

2. INDUSTRIAL FACILITY ­ FOR SALE | LEASE
528 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
Traverse City
TABLE OF CONTENTS
Property Statistics and Building Construction Highlights 3
For information contact: Property Photo & Building Floor Plan 4
DAVID J FROST
DAVID J FROST Traverse City Area Overview
Traverse City Area Overview 5
REALTOR
231.620.5705 Mobile
dfrost@threewest.net
THREE WEST, LLC
Licensed Real Estate Broker
4020 Copper View
Ste. 129
Traverse City, MI 49684
231.929.2955 Phone
231.929.2970 Fax
231 929 2970 Fax
©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of
the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
2

3. INDUSTRIAL FACILITY ­ FOR SALE | LEASE
528 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
PROPERTY STATISTICS ACQUISITION TERMS
Traverse City • Property Address: 528 Hughes Drive • PURCHASE TERMS:
Traverse City, Michigan 49686
Traverse City, Michigan 49686 • $595 000
$595,000
(Lot 10‐11, Garfield‐Heidbreder Ind. Park) • Conventional Mortgage, Commercial Loan, Cash
• Zoning: M1 ‐ Manufacturing • Possession at Closing
• Property Size: 4.79 +/‐ Acres
• Access: Two (2) existing curb cut onto Hughes Dr. • LEASE TERMS:
• Sewer: Public • NNN Lease
• Water: Public •$2.95/SF ~ $3,638/month
• Storm Water Retention: Onsite retention basins
For information contact: BUILDING CONSTRUCTION
• 14,797 +/‐ total SF
4,797 / total SF
DAVID J FROST
DAVID J FROST • 3,297 SF of Office
REALTOR
• 8,300 SF of Warehouse/Shop Floor
231.620.5705 Mobile
• 3,000 SF of Covered Storage Area
dfrost@threewest.net
• 3,200 SF Separate Building
• Built in 1995
• Truck bay Loading Docks
THREE WEST, LLC • 3 Overhead Doors
Licensed Real Estate Broker • Room to Expand Building
4020 Copper View
Ste. 129
Traverse City, MI 49684
231.929.2955 Phone
231.929.2970 Fax
231 929 2970 Fax
©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of
the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
3

4. INDUSTRIAL FACILITY ­ FOR SALE | LEASE
528 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
PROPERTY PHOTO & BUILDING FLOOR PLAN
Traverse City
For information contact:
DAVID J FROST
DAVID J FROST
REALTOR
231.620.5705 Mobile
dfrost@threewest.net
THREE WEST, LLC
Licensed Real Estate Broker
4020 Copper View
Ste. 129
Traverse City, MI 49684
231.929.2955 Phone
231.929.2970 Fax
231 929 2970 Fax
©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of
the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
4

5. INDUSTRIAL FACILITY ­ FOR SALE | LEASE
528 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
Traverse City TRAVERSE CITY AREA OVERVIEW
• The Traverse City Area is one of the state’s leading
The Traverse City Area is one of the state s leading • Traverse City is home to Munson Medical Center
Traverse City is home to Munson Medical Center,
tourism destinations. The number of visitors to Grand Northern Michigan’s largest medical facility and one of
Traverse County has increased steadily from an Traverse City’s largest employers.
estimated 1.2 million in 1990 to 1.9 million in 2005.
• The five county region has a very strong and active
• While population growth across the area is similar to Chamber of Commerce.
that of the U.S. as a whole, local growth rates are
significantly above statewide averages.
• Grand Traverse County’s population as of 2006 was
86,413 and is expected to climb to 92,540 by 2011.
For information contact: This accounts for an annual population increase of
1,225.
DAVID J FROST
DAVID J FROST
REALTOR • The median household income in 2006 for the five
231.620.5705 Mobile County area was $48,896. These median household
dfrost@threewest.net incomes are expected to increase by 2.6% by the year
2011, or $55,562.
• The educational attainment for adults, aged over 25
, g
THREE WEST, LLC years as of 2005, for the Grand Traverse region out
Licensed Real Estate Broker paced both the state and national averages with 40.1%
4020 Copper View of this population obtaining an associates degree or
Ste. 129 higher .
Traverse City, MI 49684
231.929.2955 Phone
231.929.2970 Fax
231 929 2970 Fax
©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no
guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or
withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of
the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
5

6. Customer Report 528 HUGHES DR Ask Price: $595,000
MLS # 1712594
Status Active
County Grand Traverse
Type Commercial
Address 528 HUGHES DR
City Traverse City
Zip 49686
For Sale or Lease For Sale
Real Estate Incl Yes
Business Name N/A
Business Incl No
Inventory Incl No 500 yds
© 2010 Microsoft Corporation © 2010 NAVTEQ © AND
04/08/2010 01:16 PM
Unit # ApxYrBlt 1995 Lease Expires
Deeded Water Frontage No Total SQFT 14797 Renewable (Y/N) Yes
Body of Water # Restrms Lease Price/SQFT
Water Private/Shared FullTime Empl Current Zoning
Waterfront Footage Park Spaces # Units
Lot # 10-11 Fixtrs/Equipmnt Value Inventory Value
Subdivision Freestanding Electric Supplier Township Garfield
Lot Dimensions Irreg. Electric Expense (Annual) Section # 25
Dual MLS # Heat Exp (Annual) Apx # Acres 4.79
Insurance Exp (Annual)
BUSINESS TYPE Industrial, Manufacture ROAD FRONTAGE County Maintained, Paved
/Warehouse LOCATION Industrial Park
LICENSES None ZONING Industrial, Manufacture/Warehouse
INCLUDED IN RENT None - N/A EXTRAS Overhead Door(s), Loading Dock(s), 3-Phase
HEATING/COOLING TYPE Forced Air, Central Air Electric, 12' Ceiling Height
HEATING/COOLING SOURCE Natural Gas, Mutiple Units BASEMENT None
WATER Municipal Water FLOOR TYPE Concrete Slab/Grade
WASTE Municipal Sewer POSSESSION At Closing
ROOF Asphalt Shingle FINANCING AVAILABLE Conventional Mortgage, Commercial Loan,
CONSTRUCTION Wood, Steel/Metal Cash
MISCELLANEOUS See Remarks
Great location in the Garfield-Heidbreder Industrial Park, ideal for Manufacturing / Warehouse / Distribution. Almost 3000 SF of office
space offering 12 individual offices, kitchenette, private office and 2 restrooms. 8300 SF of Shop/Warehouse and 3200 SF of stand alone
Warehouse Building. Approximately 3300 SF of covered storage area that could be enclosed. 3 overhead doors and 1 truck bay. Close to
major streets. Contact listing agent for possible NNN lease options
From Traverse City, take Garfield Road south past Hammond Road. Turn east on Hughes Dr.
Stanley A Tornga
(231) 883-8267
stornga@threewest.net
www.threewest.net
THREE WEST, LLC
(231) 929-2955
4020 Copper View, Suite 129
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright © 1998-2010 Traverse Area Association of REALTORS ®. All Rights Reserved.

7. Customer Report 528 HUGHES DR Ask Price: $3,638
MLS # 1714161
Status New
County Grand Traverse
Type Commercial
Address 528 HUGHES DR
City Traverse City
Zip 49686
For Sale or Lease For Lease
Real Estate Incl Yes
Business Name N/A
Business Incl No
Inventory Incl No 500 yds
© 2010 Microsoft Corporation © 2010 NAVTEQ © AND
04/08/2010 01:10 PM
Unit # ApxYrBlt 1995 Lease Expires
Deeded Water Frontage No Total SQFT 14797 Renewable (Y/N) Yes
Body of Water # Restrms Lease Price/SQFT 2.95
Water Private/Shared FullTime Empl Current Zoning
Waterfront Footage Park Spaces # Units
Lot # 10-11 Fixtrs/Equipmnt Value Inventory Value
Subdivision Freestanding Electric Supplier Township Garfield
Lot Dimensions Irreg. Electric Expense (Annual) Section # 25
Dual MLS # Heat Exp (Annual) Apx # Acres 4.79
Insurance Exp (Annual)
BUSINESS TYPE Industrial, Manufacture ROAD FRONTAGE County Maintained, Paved
/Warehouse LOCATION Industrial Park
LICENSES None ZONING Industrial, Manufacture/Warehouse
INCLUDED IN RENT None - N/A EXTRAS Overhead Door(s), Loading Dock(s), 3-Phase
HEATING/COOLING TYPE Forced Air, Central Air Electric, 12' Ceiling Height
HEATING/COOLING SOURCE Natural Gas, Mutiple Units BASEMENT None
WATER Municipal Water FLOOR TYPE Concrete Slab/Grade
WASTE Municipal Sewer POSSESSION At Closing
ROOF Asphalt Shingle FINANCING AVAILABLE Conventional Mortgage, Commercial Loan,
CONSTRUCTION Wood, Steel/Metal Cash
MISCELLANEOUS See Remarks
Great location in the Garfield-Heidbreder Industrial Park, ideal for Manufacturing / Warehouse / Distribution. Almost 3000 SF of office
space offering 12 individual offices, kitchenette, private office and 2 restrooms. 8300 SF of Shop/Warehouse and 3200 SF of stand alone
Warehouse Building. Approximately 3300 SF of covered storage area that could be enclosed. 3 overhead doors and 1 truck bay. Close to
major streets. Also for sale see MLS 1712594
From Traverse City, take Garfield Road south past Hammond Road. Turn east on Hughes Dr.
Stanley A Tornga
(231) 883-8267
stornga@threewest.net
www.threewest.net
THREE WEST, LLC
(231) 929-2955
4020 Copper View, Suite 129
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright © 1998-2010 Traverse Area Association of REALTORS ®. All Rights Reserved.