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Renovated Shopping Center Space
For Lease
$15 SF/Yr CAM $4.67

1620 S Mission Street, Mt Pleasant, MI 48858

Commercially zoned retail space beside Central Michigan University with established restaurant and retail users nearby.

Space SizeContact for details
Property Size1,921 SF
Days on Market3414

Property Features for 1620 S Mission Street

General Information

Standard status Active
Size 1,921 SF
Zoning Commercial

Additional Details

Space Use Retail
CAM $4.67

Building Details

Building Size 1,921 SF
Year Built 1986
Tenancy Multi
Listing Agency: LABELLE REALTY LLC
Listed By: Brandon LaBelle · License #6502340665
Source: Sabudarealty
Added: Apr 17, 2017 Changed: Aug 18 Last Checked: Aug 20 at 1:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LABELLE REALTY LLC

Investment Insights

Based on property information with market context.

Campus Court Shopping Center offers recently renovated retail space within a commercially zoned property at 1620 S Mission Street in Mt. Pleasant. The center was built in 1986 and accommodates a mix of restaurant and retail users, including Five Guys, Insomnia Cookies, and Shin's Korean Restaurant.

The property is adjacent to Central Michigan University and positioned across from Big Boy and Wendy's. Soaring Eagle Casino & Resort is located two miles away, adding another established destination to the surrounding commercial area.

Key Highlights

  • Recently renovated shopping center space at Campus Court Shopping Center
  • Commercial zoning at 1620 S Mission Street, Mt. Pleasant, MI 48858
  • Adjacent to Central Michigan University

Property Analytics

Current Use

Insomnia Cookies (Bike/Boat/Book/etc) Store Five Guys Restaurant Powerback Rehabilitation-Campus Court Medical Clinic Ryan Dehaan Physician Golden Churro Take-out & Catering

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby
348k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 28% Groceries 4% Home Improvements & Furnishings 3%
McDonald's Dining
34,169 visits/mo 0.2 miles
Hobby Lobby Shops & Services
33,031 visits/mo 0.5 miles
Taco Bell Dining
24,241 visits/mo 0.3 miles
Buffalo Wild Wings Dining
20,708 visits/mo 0.2 miles
Panda Express Dining
18,695 visits/mo 0.4 miles

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value

Market

Lease Benchmarks for Mt Pleasant, MI

$19.8 /SF/Yr
Avg Asking Price
$15–$28.8 /SF/Yr
Price Range
34,562 SF
Avg Space Size

This space is priced 24% below the average of $19.8 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • CENTRAL MICHIGAN COMMONS S Mission St, Mt Pleasant, MI 48858
  • Stadium Mall 2304 S Mission St, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Shopping center - Commercially zoned retail space beside Central Michigan University with established restaurant and retail users nearby.
Where is this shopping center located?
The property is located at 1620 S Mission Street Mt Pleasant, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Recently renovated shopping center space at Campus Court Shopping Center; Commercial zoning at 1620 S Mission Street, Mt. Pleasant, MI 48858; Adjacent to Central Michigan University
More about this property
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