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1218 S Mission St
Mount Pleasant, MI 48858
Mission Street Center · Retail Property For Sale
Investment Highlights
- Adjacent to Central Michigan University
- New Anchor Tenant
- NNN Reimbursement Structure
- Low Capital Expenditure Profile
- Ample Parking
- Infill Location with Barriers to Entry
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,908 SF
Building Class
C
Year Built
1990
Price
$3,254,724 CAD
Price Per SF
$328.49 CAD
Cap Rate
7.40%
NOI
$240,747 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.67 AC
Zoning
CD-5
Parking
20 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
174’ on S Mission St
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 17-000-16-616-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,087,917 CAD |
Property Taxes
Parcel Number
17-000-16-616-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,087,917 CAD
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