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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30070636

1218 S Mission St, Mount Pleasant, MI 48858

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$2,195,938
92 days on market
Updated 30 days ago

Mission Street Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 9,908
Units 6
Cap Rate 8%
NOI $175,675
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $222
Year Built 1990
Buildings 2
Stories 1
Acreage 2.670

Adjacent to Central Michigan University | NNN Reimbursement Structure

Investment highlights

  • Adjacent to Central Michigan University
  • Low Capital Expenditure Profile
  • New Anchor Tenant
  • Ample Parking
  • NNN Reimbursement Structure
  • Infill Location with Barriers to Entry

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
JM
MI 6501450066
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$175,675.00
$14,639.58/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
Name
Jack Melton
License
6501450066
Brokerage
Landmark Commercial Real Estate
Name
Eli Neuman
License
6501456898
Brokerage
Landmark Commercial Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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