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Investment Highlights

  • Easy access to major retailers such as Walmart, Sam’s Club and Menards
  • Site has great visibility and frontage along E. Blue Grass Road, as well as a traffic-controlled intersection.
  • Existing vacancy provides upside potential for increasing NOI
  • Mt. Pleasant is home to Central Michigan University which provides many customers for the retail centers in the market.
  • Newer build with attractive brick facade helps attract tenants to the center.

Executive Summary

Subject property is a multi-tenant strip center with a strong mix of national and local retailers. The property is strategically located across from the big box retailers in Mt. Pleasant, providing easy cross shopping for Walmart, Sam’s Club and Menards customers. The site benefits from a traffic-controlled intersection on E. Blue Grass Road and Encore Drive, and has another point of access west on E. Blue Grass Road. The parcel is large with plenty of parking and 650 feet of frontage along E. Blue Grass Road

Attachments

Union Shoppes OM

Property Facts

Price $9,039,138 CAD
Price / SF $303.34 CAD / SF
Cap Rate 7.50%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 29,799 SF
Total Land Area 14.35 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Union Shoppes
4445 E Blue Grass Rd, Mount Pleasant, MI 48858
Retail 9,933 SF 2005 -
Union Shoppes
4459 E Blue Grass Rd, Mount Pleasant, MI 48858
Retail 9,933 SF 2005 -
4493 E Blue Grass Rd, Mount Pleasant, MI 48858 Retail 9,933 SF 2005 -
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  • Listing ID: 39893394

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: Union Shoppes, Mount Pleasant, MI

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