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    2121-2231 S Mission St, Unit | Mt Pleasant, MI 48858

    For Sale
    Contact for pricing

    Retail center anchored by Hobby Lobby near Central Michigan University.

    Property size:
    238 SF

    Property Features for 2121-2231 S Mission St

    General Information

    Size
    238 SF

    Source: Eric Unatin Agent Eric Unatin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hobby Lobby Anchored Retail Center

    Redevelopment is underway at this 238,693 square foot retail center anchored by Hobby Lobby. The property is situated directly across from Central Michigan University, which has more than 20,000 students. TJ Maxx has recently committed to the center, joining a lineup that includes Hobby Lobby, Burlington, Planet Fitness, Dunham’s, Rally House, Five Below, and Ulta. The last remaining prominent anchor position will be available on July 1, 2026. The property offers exposure and three direct access points to Mission Street, in the heart of the retail corridor, with 21,416 vehicles per day passing the center. Recent additions include Hobby Lobby, Burlington, Ulta, TJ Maxx, Rally House, and Five Below, resulting in an increase in activity and traffic at the property.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CENTRAL MICHIGAN COMMONS, Indian Hills Plaza, Stadium Mall

    Location Insight

    • Map
    • Local Demand
    City
    Mt Pleasant
    County
    Isabella
    State
    Michigan
    Longitude
    -84.766699
    Latitude
    43.579648

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    FAQs

    What type of property is this?
    Shopping center - Retail center anchored by Hobby Lobby near Central Michigan University.
    Where is this shopping center located?
    The property is located at 2121-2231 S Mission St, Unit | Mt Pleasant, MI.
    What are key features of this property?
    This property features: - Anchored by Hobby Lobby and soon to include TJ Maxx, creating a strong tenant mix.; - Located directly across from Central Michigan University (CMU), providing access to a large student population (20,000+ students).; - High traffic location on Mission Street with 21,416 vehicles per day (VPD).
    (248) 855-6800
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    2121-2231 S Mission St, Unit | Mt Pleasant, MI 48858
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2121-2231 S Mission St, Unit | Mt Pleasant, MI 48858
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