Mishawaka (South Bend MSA), IN 46545

Raising Cane's Ground Lease

Property Address

5212 North Main Street, Mishawaka, IN, USA

Offering Summary

  • Price: $2,555,555
  • Lot Size: 1.1 Acres
  • Year Built: 2020
  • Building SF: 3,320
  • Status: CLOSED
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  • New 15-Year Triple-Net (NNN) Corporate Ground Lease
  • 10% Rental Increases Every 5 Years
  • 2020 Construction with a Drive Thru - Estimated Opening Date in December 2020
  • 154,899 Residents within a 5-Mile Radius
  • 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
  • 3 Miles East of the University of Notre Dame (12,700+ Students)
  • Adjacent to St. Joseph Regional Medical Center
  • High Traffic Location Along North Main Street (29,030+ Cars/Day), with Over 49,000 Cars/Day at the Intersection of Main Street and Douglas Road
  • Less Than 1 Mile Off the I-90 Freeway, a Major Connector with Direct Access to Chicago and Toledo

Broker Information