1903 S Mission St

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1903 S Mission St

mount-pleasant, MI 48858
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

1903 South Mission Street is situated within a high-traffic retail corridor in the southern district of Mount Pleasant, Michigan. The property is positioned along a primary commercial artery, offering direct north-south connectivity throughout the city and proximity to U.S. Route 127. The immediate neighborhood features a high density of national retailers, hospitality services, and quick-service dining. Notably, the site is located less than one mile from the Central Michigan University campus, benefiting from a steady flow of local traffic and a robust seasonal consumer base. The building’s prominent road frontage and accessibility make it suitable for a diverse range of retail operations and consumer-facing businesses. Ideal use cases include franchise retail storefronts, specialty boutiques, or professional service firms requiring high visibility. The typical tenant profile includes established regional or national brands seeking to capture the student demographic and local residential market. Given the surrounding commercial synergy, the asset is well-positioned for tenants prioritizing convenient access for both pedestrian and vehicular customers within a developed trade area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times