Retail/Flex Investment

535 W Edison Rd, Mishawaka, Indiana 46545

  • Property Subtypes Street Retail
  • Building Size (RSF) 70,959 SF
  • Gross Building Area 70,959 SF
  • Building Name Edison Park Plaza
  • Establishment Name Edison Park Plaza
  • Building Status Existing
  • Sale Price $3,500,000.00 Total
  • Unit Price $49.32 per SF
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 8.17 Acres
  • Sale Terms Cash to SellerPurchase Money Mortgage
  • Cap Rate 9.1
  • Auction Avg Occupancy Rate 97%
  • Last Updated 10/30/2020
  • Status active

Overview / Comments

• 97% Occupied • Mishawaka is a growing commercial city in Northern Indiana • Located 2.5 miles east of the University of Notre Dame • Located near many strong national retailers just off of the Grape Rd. retail corridor and I-80/90 • Retailers in the area include Bonefish Grill, Whole Foods, Dick's Sporting Goods, Kohl's, Mercedes, Audi, and Lexus • Strong retail pull from surrounding population with diverse mix of local residents and college students

Additional Details

  • Tax ID/APN 71-09-04-126-002.000-022;71-09-04-126-003.000-022;71-09-04-126-004.000-022;71-09-04-126-005.000-022
  • Property Visibility Excellent
  • Total Number of Buildings 5

Original text