1620 S Mission St

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1620 S Mission St

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

What's Special

1620 South Mission Street is situated within a primary commercial corridor in Mt. Pleasant, Michigan. Located less than one mile from the Central Michigan University campus, the neighborhood features a mix of high-traffic national retailers, dining establishments, and local businesses. The property benefits from significant street frontage on Mission Street, a major north-south artery providing direct access to the nearby US-127 motorway. The area is characterized by heavy vehicular traffic and proximity to student housing and residential neighborhoods. This retail asset is suited for high-volume consumer services, general merchandise, or food and beverage operations. Its location on a main retail thoroughfare makes it a viable site for regional franchises or local businesses seeking visibility near a large university population. Potential tenants may include quick-service restaurants, specialty boutiques, or service-oriented providers looking to leverage the area's established commercial infrastructure and consistent commuter flow.

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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