Mishawaka, IN (South Bend MSA) 46544


Property Address

205 West Day Road, Mishawaka, IN, USA

Offering Summary

  • Price: $3,244,000
  • Lot Size: 1.62 Acres
  • Cap Rate: 5.25%
  • Year Built: 2015
  • Building SF: 4,714
  • Status: In Escrow
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  • 13 Years Remaining on Absolute Triple-Net (NNN) Lease
  • 8.5 Percent Rental Increases Occurring Every Five Years
  • 167,599 Residents within a Five-Mile Radius in Growing Trade Area - South Bend MSA
  • Located in the Largest Retail Corridor in Northern Indiana - Surrounding Retail Tenants Include Walmart, Sam’s Club, Target, Lowe’s, Meijer, Hobby Lobby, Chick-fil-A, Chipotle, The Home Depot, Target, and More
  • Four Miles East of the University of Notre Dame (12,700+ Students)
  • Down the Road from St. Joseph Regional Medical Center - a 254-Bed Facility with Over 3,000 Employees
  • Easily Accessible from North Main Street with Nearly 30,000 Cars/Day at the Intersection of North Main Street and West Day Road
  • Less Than Two Miles Off the I-90 Freeway, a Major Connector with Direct Access to Chicago and Toledo
  • Average Household Income Exceeds $76,000 within a Five-Mile Radius

Broker Information