Retail Center Redevelopment Near
For Lease
Contact for pricing
2121-2231 S Mission Street, Mount Pleasant, MI 48858
Hobby Lobby-anchored center undergoing redevelopment near Central Michigan University.
Space Size1,836 SF - 20,000 SF
Property Size238,693 SF
Days on Market2126
Property Features for 2121-2231 S Mission Street
General Information
Standard status
Active
Size
1,836 SF - 20,000 SF
Property subtype
Retail
Building Details
Building Size
238,693 SF
Tenancy
Multiple
Spaces For Lease
at 2121-2231 S Mission Street Contact us- Size
- 20,000 SF
- Type
- Retail
- Availability
- Active
Box Space 2
- Size
- 1,836 SF
- Type
- Retail
- Availability
- Active
Suite 1
- Size
- 5,000 SF
- Type
- Retail
- Availability
- Active
Suite 3
- Size
- 6,000 SF
- Type
- Retail
- Availability
- Active
Suite 4
Listing Agency:
Mid-America Real Estate - Michigan, Inc.
Listed By:
Brad Rosenberg · License #6501204147
Source:
Crexi
Added: Nov 6, 2020
Changed: Aug 25
Last Checked: Sep 1 at 6:32PM
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 shopping center, anchored by Hobby Lobby. The property is situated directly across from Central Michigan University (CMU), 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. One remaining junior anchor position will be available starting July 1, 2026. The property offers three direct access points to Mission Street, in the heart of the retail corridor, with a traffic volume of 21,416 vehicles per day. Recent additions to the center include Hobby Lobby, Burlington, Ulta, TJ Maxx, Rally House, and Five Below, resulting in increased activity and traffic.
Key Highlights
- Anchored by Hobby Lobby and soon to include TJ Maxx, joining a strong tenant mix.
- Located directly across from Central Michigan University (CMU), with over 20,000 students.
- High traffic location on Mission Street with 21,416 vehicles per day (VPD).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
480k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Mount Pleasant, MI
$19.2 /SF/Yr
Avg Asking Price
$15–$28.8 /SF/Yr
Price Range
46,129 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Indian Hills Plaza — 4208 E Blue Grass Rd, Mt Pleasant, MI 48858
- Stadium Mall — 2304 S Mission St, Mt Pleasant, MI 48858
- CENTRAL MICHIGAN COMMONS — S Mission St, Mt Pleasant, MI 48858
Frequently Asked Questions
What type of property is this?
Shopping center - Hobby Lobby-anchored center undergoing redevelopment near Central Michigan University.
Where is this shopping center located?
The property is located at 2121-2231 S Mission Street Mount Pleasant, MI.
What are key features of this property?
This property features: Anchored by Hobby Lobby and soon to include TJ Maxx, joining a strong tenant mix.; Located directly across from Central Michigan University (CMU), with over 20,000 students.; High traffic location on Mission Street with 21,416 vehicles per day (VPD).
