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Multi-Tenant Shopping Center
For Sale
$500,000

2100 North Mitchell Street, Cadillac, MI 49601

Retail center with multiple access points, pylon signage, on-site parking, and a varied roster of national, regional, and local tenants.

Property Size44,100 SF
Price / SF$11.34
Days on Market503

Property Features for 2100 North Mitchell Street

General Information

Standard status Active
Size 44,100 SF
Property subtype Retail
Zoning C
Occupancy 90%

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Big Sandy, Dollar Tree, Dunham's Sports, B2 Outlet, Shoe Sensation, Starbucks, T-Mobile
Road Access Yes

Amenities

Water
Sewer

Building Details

Year Renovated 2022
Buildings 2
Tenancy Multi
Listing Agency: DAR Commercial Real Estate
Listed By: David Denton · License #144987
Source: Carwm.resimplifi
Added: Apr 16, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:15PM

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 DAR Commercial Real Estate

Investment Insights

Based on property information with market context.

Lakeland Square is a 211,235 SF retail property comprising a 206,527 SF strip center and a 4,708 SF outparcel building occupied by two tenants. The main center dates to 1989, while the outparcel was completed in 2018. Capital work completed in 2022 included parking, roofing, and facade improvements. The property is 89.5% leased and includes anchors and occupants such as Big Sandy, Dollar Tree, Dunham’s Sports, B2 Outlet, Shoe Sensation, Starbucks, T-Mobile, Bath & Body Works, Sally Beauty, Rent-A-Center, Cost Cutters, Game Stop, and Little Mexico.

Located at 2100 N Mitchell St in Cadillac, the center has multiple ingress and egress points, pylon signage, and ample parking. McDonald’s, Qdoba, and Taco Bell are among the surrounding quick-service restaurants, while Walmart and Home Depot are across the street. Cadillac’s trade area extends beyond 20 miles, with more than 1,000,000 tourists estimated to visit the area annually.

Key Highlights

  • 211,235 SF total GLA, including a 206,527 SF strip center and 4,708 SF outparcel building
  • 89.5% leased with anchors including Big Sandy, Dollar Tree, Dunham’s Sports, B2 Outlet, Shoe Sensation, Starbucks, and T‑Mobile
  • 2022 capital improvements included parking, roof, and facade work

Property Analytics

Current Use

B2 Outlet Stores Discount Store ATM (Wesco) Atm

Suggested Use

Top Pick Dental Office Parking Lot & Garage Locksmith Real Estate Agency Electrical Service (Bike/Boat/Book/etc) 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

89.5%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49601, MI

21,564
Population
10,734
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
220.0 sq mi
ZIP Area
98
Density / Sq Mi
$65,704
Median Household Income
$37,347
Median Earnings
$856
Median Rent
$166,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

  • Secretary of State Self-service Station 8605 34 Rd, Cadillac, MI 49601
  • Quick-Tag Walmart Supercenter, 8917 34 Rd, Cadillac, MI 49601

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with multiple access points, pylon signage, on-site parking, and a varied roster of national, regional, and local tenants.
Where is this shopping center located?
The property is located at 2100 North Mitchell Street Cadillac, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 211,235 SF total GLA, including a 206,527 SF strip center and 4,708 SF outparcel building; 89.5% leased with anchors including Big Sandy, Dollar Tree, Dunham’s Sports, B2 Outlet, Shoe Sensation, Starbucks, and T‑Mobile; 2022 capital improvements included parking, roof, and facade work
More about this property
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