Restaurant/Bar Space Near CMU
For Lease
Contact for pricing
1516 S Mission St, Mt Pleasant, MI 48858
7,922 SF restaurant/bar space near Central Michigan University.
Space Size7,922 SF
Days on Market1303
Property Features for 1516 S Mission St
General Information
Standard status
Active
Size
7,922 SF
Property subtype
Restaurant
Lease Type
NNN
Building Details
Tenancy
Single
Spaces For Lease
at 1516 S Mission St Contact us- Size
- 7,922 SF
- Type
- Restaurant
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Colliers - Grand Rapids, Michigan
Listed By:
Amy Richter-Perkins · License #MI
Source:
Crexi
Added: Jan 26, 2023
Changed: Aug 8
Last Checked: Aug 21 at 7:43AM
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 Colliers - Grand Rapids, Michigan
Investment Insights
Based on property information with market context.
This 7,922 square foot property is suitable for a full-service restaurant or bar. Located on South Mission Street and East Campus Drive, the property offers high visibility near the Central Michigan University campus. It presents an opportunity for a restaurant, brewery, or retailer catering to the college campus. Land lease or build-to-suit options are potentially available.
Key Highlights
- High visibility location on busy S. Mission St. and E. Campus Dr.
- 7,922 SF full‑service restaurant/bar
- Near Central Michigan University’s campus
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$21.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
348k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - 7,922 SF restaurant/bar space near Central Michigan University.
Where is this restaurant located?
The property is located at 1516 S Mission St Mt Pleasant, MI.
What is the lease rate?
The lease rate is $144 SF/Yr.
What are key features of this property?
This property features: High visibility location on busy S. Mission St. and E. Campus Dr.; 7,922 SF full‑service restaurant/bar; Near Central Michigan University’s campus
