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Remodeled Big-Box Retail Space
For Lease
$10 SF/Yr

1550 N Mitchell St, Cadillac, MI 49601

Large-format retail premises within a fully occupied mall, with lease terms open for discussion.

Space Size23,000 SF
Days on Market27

Property Features for 1550 N Mitchell St

General Information

Standard status Active
Size 23,000 SF
Net Rentable 23,000 SF

Space & Availability

Available Space 23,000 SF
Contiguous Space 23,000 SF
Space Use Retail

Additional Details

Flexible Term Yes

Building Details

Year Built 1980
Tenancy Multi
Listing Agency: RE/MAX TOGETHER
Listed By: Joseph McNally · License #6502393305
Source: Katie-k
Added: Aug 5 Changed: Aug 30 Last Checked: Aug 30 at 11:29PM

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.

This remodeled retail space occupies the former JCPenney premises at 1550 N Mitchell St in Cadillac, Michigan. The configuration is positioned for large-format retail use and is available for lease, with terms subject to negotiation.

The space is part of a mall completed in 1980. Other areas of the center are fully occupied by retailers, service businesses, and food-service operators, creating an established commercial setting. The entire mall may also be available upon request.

Key Highlights

  • Remodeled former JCPenney retail premises
  • Configured for large‑format retail use
  • Located at 1550 N Mitchell St, Cadillac, MI 49601

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

315
Businesses Nearby

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

Lease Benchmarks for Cadillac, MI

$10.35 /SF/Yr
Avg Asking Price
$7.87–$14.25 /SF/Yr
Price Range
6,621 SF
Avg Space Size

This space is priced 3% below the average of $10.35 /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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Frequently Asked Questions

What type of property is this?
Retail space - Large-format retail premises within a fully occupied mall, with lease terms open for discussion.
Where is this retail space located?
The property is located at 1550 N Mitchell St Cadillac, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Remodeled former JCPenney retail premises; Configured for large‑format retail use; Located at 1550 N Mitchell St, Cadillac, MI 49601
More about this property
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