Multi-Tenant Retail Strip
4445-4493 E Blue Grass Road Mount Pleasant, MI 48858
For Sale
Contact for pricing
Retail strip center with national tenants and value-add potential.
Property Size29,799 SF
Lot Size5.26 Acres
Price / SF$220.48
Days on Market127
Property Features for 4445-4493 E Blue Grass Road
General Information
Standard status
Active
Size
29,799 SF
Lot size
5.26 Acres
Property subtype
Retail
Building Details
Year Built
2005
Listing Agency:
Mid-America Real Estate - Michigan, Inc.
Listed By:
Andrew Bell · License #6501449494
Source:
Crexi
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 28 at 2:59PM
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.
The property is a multi-tenant retail strip center with 29,799 square feet of space. It is currently 83% occupied by national tenants, including Noodles & Company, SVS Vision, AT&T, Kay Jewelers, Crumbl Cookies, Biggby Coffee, and Sport Clips. The property has value-add upside through two existing vacancies totaling 5,200 square feet. It is situated on 5.26 acres with 650 feet of frontage along E. Blue Grass Road, directly across from Mt. Pleasant's Walmart, Sam's Club, and Menards power center. The location benefits from cross-shopping traffic and is supported by Central Michigan University's 14,000+ students and Soaring Eagle Casino's 2.6 million annual visitors.
Key Highlights
- High‑traffic location directly across from Walmart, Sam's Club, and Menards.
- Attractive 7.50% cap rate with immediate cash flow.
- Strong national tenant lineup including Noodles & Company, SVS Vision, AT&T, Kay Jewelers, Crumbl Cookies, Biggby Coffee, and Sport Clips.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Retail strip center with national tenants and value-add potential.
Where is this strip mall located?
The property is located at 4445-4493 E Blue Grass Road Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $6,570,000.
What are key features of this property?
This property features: High‑traffic location directly across from Walmart, Sam's Club, and Menards.; Attractive **7.50% cap rate** with immediate cash flow.; Strong national tenant lineup including Noodles & Company, SVS Vision, AT&T, Kay Jewelers, Crumbl Cookies, Biggby Coffee, and Sport Clips.
