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Remodeled Anchor Retail Space
For Lease
$10 SF/Yr

1550 N Mitchell Street, Cadillac, MI 49601

Remodeled former JCpenny anchor space in a fully occupied shopping center, offered with negotiable annual lease terms.

Space SizeContact for details
Property Size22,635 SF
Days on Market51

Property Features for 1550 N Mitchell Street

General Information

Standard status Active
Size 22,635 SF
Lease Type /mo
Lease Term Triple Net Lease

Lease Terms

Lease Term 12 months
Flexible Term Yes

Building Details

Building Size 22,635 SF
Year Built 1980
Tenancy Multi
Listing Agency: RE/MAX TOGETHER
Listed By: Joseph McNally · License #6502393305
Source: Sabudarealty
Added: Jun 18 Changed: Jul 26 Last Checked: Aug 6 at 12:39PM

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 RE/MAX TOGETHER

Investment Insights

Based on property information with market context.

Anchor retail space available within a shopping center at 1550 N Mitchell Street in Cadillac, MI 49601. The space was formerly JCpenny and has been remodeled and is ready to house a big box store.

The remainder of the mall is 100% occupied, with a mix of retail, service, and food service tenants. Annual lease terms are available, and the lease structure is negotiable. The entire mall may also be available upon request.

Key Highlights

  • 23,000 SF remodeled former JCPenney anchor space
  • Located in a fully occupied shopping center with retail, service, and food service tenants
  • Negotiable annual lease terms available

Property Analytics

Current Use

North End Market Food Market

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage (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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
Under-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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Frequently Asked Questions

What type of property is this?
Shopping center - Remodeled former JCpenny anchor space in a fully occupied shopping center, offered with negotiable annual lease terms.
Where is this shopping center located?
The property is located at 1550 N Mitchell Street Cadillac, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 23,000 SF remodeled former JCPenney anchor space; Located in a fully occupied shopping center with retail, service, and food service tenants; Negotiable annual lease terms available
More about this property
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