Net Lease
National Custom Retail Manufacturer | Michigan | Large Land Lot| 20Yr Abs. Net | 3.5% Annual Bumps
100 Harbor Dr, Charlevoix (Northern Michigan), MI 49720
Listing Price: $17,516,888
Investment Overview
Charlevoix sits on the narrow isthmus separating Lake Michigan from Lake Charlevoix, roughly 17 miles southwest of Petoskey and 50 miles northeast of Traverse City, along US-31 — Northern Michigan’s principal north–south commercial corridor. The city’s Round Lake basin, connected to Lake Michigan through the dredged Pine River channel, has long been considered one of the finest natural harbors on the lake, and it still supports commercial marine traffic alongside the recreational fleet.
The regional economy rests on three legs. Manufacturing and heavy industry are anchored by EJ, the castings and infrastructure producer headquartered in nearby East Jordan with a second foundry in Elmira; St. Marys Cement operates an integrated plant in Charlevoix with roughly 1.4 million tonnes of annual cement capacity; Petoskey Plastics and Great Lakes Energy round out the base. Healthcare provides the second leg, through Munson Healthcare Charlevoix Hospital and McLaren Northern Michigan in Petoskey. The third is a four-season resort and second-home economy — Boyne Resorts’ Boyne Mountain and The Highlands at Harbor Springs, Bay Harbor, Walloon Lake, and the Beaver Island ferry — that drives construction, hospitality, and retail spending only loosely correlated with the industrial cycle.
Charlevoix County counted an estimated 26,036 residents in July 2025, with a median household income of $76,531, 35.2 percent of adults holding a bachelor’s degree or higher, and unemployment of 5.3 percent as of April 2026. The wider Traverse City MSA grew 5.6 percent between 2014 and 2024, more than triple Michigan’s statewide rate. Workforce pipelines run through North Central Michigan College in Petoskey, Northwestern Michigan College in Traverse City, and Northwest Michigan Works!
National Custom Retail Manufacturer | Michigan | Large Land Lot| 20Yr Abs. Net | 3.5% Annual Bumps
Investment Highlights
- Long-Term Absolute Net Lease with Zero Landlord Responsibilities, featuring Above-Market 3.5% Annual Rental Increases throughout the Initial Term and all Option Periods.
- The Property Enjoys Immediate Access to Harbor Drive and Charlevoix Municipal Airport, with US-31 within Approximately One Mile, Connecting Charlevoix Directly to Petoskey, Harbor Springs, etc
- US-31 Regional Corridor Frontage - Charlevoix Sits Directly on US-31, Northern Michigan's Primary North-South Commercial Artery, Linking Traverse City, Petoskey, Harbor Springs, and more.
- Harbor Industries, Founded in 1946, Operates a Design-through-Delivery Model, Combining Research, Design, Technology, Custom Manufacturing, and Logistics to Build In-Store Retail Environments for National Retail and Consumer Brands across the United States.
- One-Day Truck Reach to Major Markets - Grand Rapids, Detroit, Chicago, Milwaukee, Indianapolis, and Toronto are all Reachable within a Standard Driver's Hours-of-Service Day via the US-31, US-131, M-66, and I-75 Highway Network.
- Deepwater Great Lakes Port Heritage - Charlevoix's Round Lake Harbor, Linked to Lake Michigan through the Pine River Channel, Ranks among the Finest Natural Harbors on the Lake and Hosts Active Commercial Marine Traffic.
- Regional Population Growth - the Traverse City MSA Grew 5.6% between 2014 and 2024 to Roughly 157,000 Residents, a Pace More than Triple Michigan's 1.7% Statewide Rate over the Same Period.
- 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, where Big-Box Industrial Supply is Structurally Constrained. Direct Adjacency to Charlevoix Municipal Airport - a 4,550-Foot Asphalt Runway with City-Run FBO, Fuel Farm Expanded in 2022, Maintenance, and Conference Facilities Sits Next Door, Extraordinary for Executive Travel or Aviation MRO.
Exclusively Listed By
Financing By
Net Lease
National Custom Retail Manufacturer | Michigan | Large Land Lot| 20Yr Abs. Net | 3.5% Annual Bumps
Listing Price: $17,516,888
Investment Highlights
- Long-Term Absolute Net Lease with Zero Landlord Responsibilities, featuring Above-Market 3.5% Annual Rental Increases throughout the Initial Term and all Option Periods.
- The Property Enjoys Immediate Access to Harbor Drive and Charlevoix Municipal Airport, with US-31 within Approximately One Mile, Connecting Charlevoix Directly to Petoskey, Harbor Springs, etc
- US-31 Regional Corridor Frontage - Charlevoix Sits Directly on US-31, Northern Michigan's Primary North-South Commercial Artery, Linking Traverse City, Petoskey, Harbor Springs, and more.
- Harbor Industries, Founded in 1946, Operates a Design-through-Delivery Model, Combining Research, Design, Technology, Custom Manufacturing, and Logistics to Build In-Store Retail Environments for National Retail and Consumer Brands across the United States.
- One-Day Truck Reach to Major Markets - Grand Rapids, Detroit, Chicago, Milwaukee, Indianapolis, and Toronto are all Reachable within a Standard Driver's Hours-of-Service Day via the US-31, US-131, M-66, and I-75 Highway Network.
- Deepwater Great Lakes Port Heritage - Charlevoix's Round Lake Harbor, Linked to Lake Michigan through the Pine River Channel, Ranks among the Finest Natural Harbors on the Lake and Hosts Active Commercial Marine Traffic.
- Regional Population Growth - the Traverse City MSA Grew 5.6% between 2014 and 2024 to Roughly 157,000 Residents, a Pace More than Triple Michigan's 1.7% Statewide Rate over the Same Period.
- 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, where Big-Box Industrial Supply is Structurally Constrained. Direct Adjacency to Charlevoix Municipal Airport - a 4,550-Foot Asphalt Runway with City-Run FBO, Fuel Farm Expanded in 2022, Maintenance, and Conference Facilities Sits Next Door, Extraordinary for Executive Travel or Aviation MRO.
Investment Overview
Charlevoix sits on the narrow isthmus separating Lake Michigan from Lake Charlevoix, roughly 17 miles southwest of Petoskey and 50 miles northeast of Traverse City, along US-31 — Northern Michigan’s principal north–south commercial corridor. The city’s Round Lake basin, connected to Lake Michigan through the dredged Pine River channel, has long been considered one of the finest natural harbors on the lake, and it still supports commercial marine traffic alongside the recreational fleet. The regional economy rests on three legs. Manufacturing and heavy industry are anchored by EJ, the castings and infrastructure producer headquartered in nearby East Jordan with a second foundry in Elmira; St. Marys Cement operates an integrated plant in Charlevoix with roughly 1.4 million tonnes of annual cement capacity; Petoskey Plastics and Great Lakes Energy round out the base. Healthcare provides the second leg, through Munson Healthcare Charlevoix Hospital and McLaren Northern Michigan in Petoskey. The third is a four-season resort and second-home economy — Boyne Resorts’ Boyne Mountain and The Highlands at Harbor Springs, Bay Harbor, Walloon Lake, and the Beaver Island ferry — that drives construction, hospitality, and retail spending only loosely correlated with the industrial cycle. Charlevoix County counted an estimated 26,036 residents in July 2025, with a median household income of $76,531, 35.2 percent of adults holding a bachelor’s degree or higher, and unemployment of 5.3 percent as of April 2026. The wider Traverse City MSA grew 5.6 percent between 2014 and 2024, more than triple Michigan’s statewide rate. Workforce pipelines run through North Central Michigan College in Petoskey, Northwestern Michigan College in Traverse City, and Northwest Michigan Works!
Exclusively Listed By
Financing By
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