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Hobby Lobby Anchored Retail Center
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2121-2231 S Mission Street, Mt Pleasant, MI 48858

Retail center anchored by Hobby Lobby near Central Michigan University.

Property Size238,693 SF
Days on Market344

Property Features for 2121-2231 S Mission Street

General Information

Standard status Active
Size 238,693 SF
Property subtype Retail

Building Details

Building Size 238,693 SF

Properties For Sale

at 2121-2231 S Mission Street Contact us

1

Size
1,836 SF
Term
Negotiable
Contact us

3

Size
5,000 SF
Term
Negotiable
Contact us

4

Size
6,000 SF
Term
Negotiable
Contact us

Box Space

Size
20,000 SF
Term
Negotiable
Contact us
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Eric Unatin
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 16 Last Checked: Aug 21 at 5:22AM

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 Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

Redevelopment is underway at this 238,693 square foot retail center anchored by Hobby Lobby. The property is situated directly across from Central Michigan University, which has more than 20,000 students. TJ Maxx has recently committed to the center, joining a lineup that includes Hobby Lobby, Burlington, Planet Fitness, Dunham’s, Rally House, Five Below, and Ulta. The last remaining prominent anchor position will be available on July 1, 2026. The property offers exposure and three direct access points to Mission Street, in the heart of the retail corridor, with 21,416 vehicles per day passing the center. Recent additions include Hobby Lobby, Burlington, Ulta, TJ Maxx, Rally House, and Five Below, resulting in an increase in activity and traffic at the property.

Key Highlights

  • Anchored by Hobby Lobby and soon to include TJ Maxx, creating a strong tenant mix.
  • Located directly across from Central Michigan University (CMU), providing access to a large student population (20,000+ students).
  • High traffic location on Mission Street with 21,416 vehicles per day (VPD).

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop 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.

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby
480k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 29% Apparel 7% Electronics 3%
Texas Roadhouse Dining
35,620 visits/mo 0.1 miles
McDonald's Dining
34,169 visits/mo 0.3 miles
Hobby Lobby Shops & Services
33,031 visits/mo 0.1 miles
Dollar Tree Shops & Services
25,604 visits/mo 0.5 miles
7-Eleven Shops & Services
22,980 visits/mo 0.3 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • CENTRAL MICHIGAN COMMONS S Mission St, Mt Pleasant, MI 48858
  • Indian Hills Plaza 4208 E Blue Grass Rd, 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 - Retail center anchored by Hobby Lobby near Central Michigan University.
Where is this shopping center located?
The property is located at 2121-2231 S Mission Street Mt Pleasant, MI.
What are key features of this property?
This property features: Anchored by Hobby Lobby and soon to include TJ Maxx, creating a strong tenant mix.; Located directly across from Central Michigan University (CMU), providing access to a large student population (20,000+ students).; High traffic location on Mission Street with 21,416 vehicles per day (VPD).
More about this property
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