20,700 SF Manufacturing Building For Lease in Traverse City, Michigan

1. MANUFACTURING FACILITY – FOR LEASE
343 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 Lease this 20,700 +/‐ square foot
Traverse City, MI 49684 Manufacturing Facility in Traverse City, Michigan, located in the Garfield‐Heidbreder Industrial Park
231.929.2955 Phone for $3.75 NNN. This property contains 1.95 acres of land and the building consists of approximately
231.929.2970 Fax
231 929 2970 Fax 2,000 SF of office area and approximately 18,700 SF of manufacturing area. The east wall is
2 000 18 700 area
expandable. This building has many extras and could be leased with a possible option to purchase.
©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. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
Traverse City
TABLE OF CONTENTS
Property Statistics and Building Construction Highlights 3 ‐ 4
For information contact: Property Site Plan 5
DAVID J FROST
DAVID J FROST Building Floor Plan
Building Floor Plan 6
REALTOR
231.620.5705 Mobile Building Photos 7 ‐ 8
dfrost@threewest.net
Traverse City Area Overview 9
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. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
PROPERTY STATISTICS BUILDING CONSTRUCTION
Traverse City • Property Address: 343 Hughes Drive • The complete building is sprinkled for fire protection
Traverse City, Michigan 49686
Traverse City, Michigan 49686 • Three electrical control panels exist in the shop
Three electrical control panels exist in the shop,
(Lot 17, Garfield‐Heidbreder Ind. Park) breakers are also installed plus ample room exists for
• Zoning: M1 ‐ Manufacturing additional breakers. (Total amps approx. 1,200 to 2,000)
• Property Size: 1.95 +/‐ Acres (Approx. 270’ x 315’) • 6” concrete floors
• Access: One (1) existing curb cuts onto Hughes Dr. • Telephone system exists with high speed internet.
• Sewer: Public (approx. 12 to 16 extensions)
• Water: Public • Two American 7.5 T Cranes, both having approx. 100
• Parking: 56 lighted onsite parking spaces and 80 feet of run way respectively. Both cranes have
• Storm Water Retention: Onsite retention basins electric pendant controls
• Landscaping: Front Yard includes underground sprinklers • Storage area is finished up and downstairs (approx.
1,000 SF. Also, there is an additional 900 SF that projects
For information contact: BUILDING CONSTRUCTION outward into the parking lot
• There is a climate controlled room for inspections
• 20,700 +/‐ total SF
0,700 / total SF (Approx. 1,000 SF
(Approx 1 000 SF
DAVID J FROST
DAVID J FROST • 2,000 SF of Office
REALTOR • Radiant heat throughout the shop area
• 18,700 SF of Manufacturing Floor
231.620.5705 Mobile
• Built in 1991 ACQUISITION TERMS
dfrost@threewest.net
• Approved to add 10,760 SF of manufacturing floor &
1,000 SF of office. • LEASE TERMS:
• 300’ of 600 amps buss duct. (copper) is wired and erected • $3.75 / sq. ft. NNN
THREE WEST, LLC • Various buss plugs 5 amp to 20 amp (approx. 20)
( )
Licensed Real Estate Broker • 25 HP air compressor with 500 gallon holding tank • PURCHASE TERMS:
4020 Copper View • Air plumbing is run throughout the production area • Lease may be negotiated with an Option to
Ste. 129 • Bathrooms exist (approx. 400 SF total) Purchase
Traverse City, MI 49684 • Overhead lighting is complete throughout. Flexible
231.929.2955 Phone conduit was used in 10,000 SF for easy access to allow for
231.929.2970 Fax
231 929 2970 Fax expandability
©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. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
ADDITIONAL PROPERTY INFO
Traverse City
The property is a one story, pre‐engineered steel The office area has a half bath. The baths are finished
manufacturing building with framed offices It was built
offices. with vinyl tile floors drywall ceilings and painted drywall
floors, ceilings,
in 1991. An 8,700 square foot manufacturing addition walls. The office area has an independent natural gas
was constructed on the south side of the building in fired HVAC unit for cooling and heating needs. There are
1994. A 1,000 square foot office addition was added at two American 7.5 ton bridge cranes in the building.
the same time to the west side of the building. The shop These items are included in the value estimate. Inside
area has one 12' x 14' overhead door. There is an 8' x 10' the shop area a 484 square foot inspection room has
overhead door located at the truck entrance. The been constructed. It has a suspended acoustical tile
exterior walls are painted steel. The addition has a ceiling, wood paneled walls and a painted concrete floor.
similar appearance to the original building. The roof is
standing seam steel. The foundation walls are poured
concrete and there is a six inch reinforced concrete
For information contact: floor. The building walls have a poured concrete knee
wall to a height of five feet with pre‐engineered steel
DAVID J FROST
DAVID J FROST construction to the 21 f
i h foot hi h eaves. Th i
high The interior fi i h
i finish
REALTOR of the shop is exposed vinyl back insulation and exposed
231.620.5705 Mobile steel frame. The building is heated with natural gas fired
dfrost@threewest.net suspended forced air units and insulated with six inch
vinyl backed insulation. The entire shop area has
compressed air lines throughout. The building contains a
total of 20,700 square feet including the office portion of
THREE WEST, LLC the building which contains 2,000 square feet of space.
Licensed Real Estate Broker The office's exterior walls have brick veneer up to a
4020 Copper View height of seven feet. There is a decorative metal
Ste. 129 overhang at the office area. The office area has finished
Traverse City, MI 49684 drywall ceilings, vinyl tile and carpeted floors, and
231.929.2955 Phone painted drywall walls. There are men and women's
231.929.2970 Fax
231 929 2970 Fax lavatories in the main shop area for the employees.
©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. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
PROPERTY SITE 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.
5

6. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
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.
6

7. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
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.
7

8. MANUFACTURING FACILITY – FOR LEASE
343 HUGHES DRIVE, TRAVERSE CITY, MICHIGAN
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.
8

9. MANUFACTURING FACILITY – FOR LEASE
343 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.
9

10. Customer Report 343 HUGHES DR Ask Price: $6,468
MLS # 1712623
Status Active
County Grand Traverse
Type Commercial
Address 343 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
04/06/2010 01:48 PM
Unit # ApxYrBlt 1991 Lease Expires
Deeded Water Frontage No Total SQFT 20700 Renewable (Y/N)
Body of Water # Restrms Lease Price/SQFT 3.75
Water Private/Shared FullTime Empl Current Zoning M1
Waterfront Footage Park Spaces # Units
Lot # 17 Fixtrs/Equipmnt Value Inventory Value
Subdivision Freestanding Electric Supplier Township Traverse City
Lot Dimensions 270x315 Electric Expense (Annual) Section # 24
Dual MLS # Heat Exp (Annual) Apx # Acres 1.95
Insurance Exp (Annual)
BUSINESS TYPE Industrial, Manufacture ROAD FRONTAGE County Maintained, Paved
/Warehouse LOCATION Freestanding
LICENSES None ZONING Industrial, Manufacture/Warehouse
INCLUDED IN RENT None - N/A EXTRAS Overhead Door(s), Phone System, Overhead
HEATING/COOLING TYPE Forced Air, Central Air Crane, Air Compressor, 22' Ceiling Height
HEATING/COOLING SOURCE Natural Gas BASEMENT None
WATER Municipal Water FLOOR TYPE Reinforced Concrete
WASTE Municipal Sewer POSSESSION At Closing
ROOF Other FINANCING AVAILABLE Commercial Loan, Cash
CONSTRUCTION Steel/Metal MISCELLANEOUS See Remarks
Offering 18,700 SF of manufacturing area and 2,000 SF of office space. 300 ' of 600 amps buss duct, various buss plugs, 5 amp to 20
amp. Air plumbing throughout, 3 control panels in shop. Two 7.5 ton cranes with 100' and 80' of runway, storage area upstairs and down.
Climate controlled inspection room. 480 volt power with transformer and radiant heat in shop. East wall is expandable. Many extras.
Possible lease with option to purchase.
On Hughes Drive in Garfield-Heidbreder Industrial Park.
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.