Plaza at Mission and Pickard

Located in the central part of Michigan’s lower peninsula, the city of Mount Pleasant is the county seat of Isabella County. Mount Pleasant, Michigan is home to Central Michigan University, a 125-year old institution which ranks among the nation’s 100 largest public universities. The subject property is located less than two miles north of the heart of the Central Michigan University campus. The multi-tenant center caters to over 21,000 students, over 2,400 faculty and staff, and 44,000 total residents within a five-mile radius. The subject property is well positioned at the corner South Mission and Pickard Road (combined traffic count of 44,600); the two major thoroughfares in town. The investment is shadow anchored by Meijer, a primary grocery store serving local residents and nearby towns. South Mission Street, running north-south through Mount Pleasant, is the major retail corridor for the collegiate population. There are many national retailers along the thoroughfare, including Burger King, Qdoba, Rite Aid, Walgreens, Target, and JC Penny. Traffic counts exceed 27,500 along South Mission Street. Pickard Street is the high trafficked East-West corridor and also the gateway to Mount Pleasant’s largest tourist draw; Soaring Eagle Casino. Mount Pleasant is also home to The Soaring Eagle Casino and Resort which draws national attention with entertainment, shows, and the new Soaring Eagle Waterpark and Hotel (just 1.6 miles from the Subject Property). The Soaring Eagle Casino, the 13 area golf courses, and Central Michigan University bring thousands of visitors to the area each day. With its stable growth the Mt. Pleasant/ Isabella County area maintains one of the state’s lowest unemployment rates leading to a significant increase among retail and commercial businesses..