2401 Lincoln Way W - Freestanding FOR SALE


South Bend, IN 46628
$1,200,000 USD
248-702-0288
2401 Lincoln Way W, South Bend, IN for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/4
null | 10% Cap Rate

2401 Lincoln Way W
South Bend, IN 46628


HIGHLIGHTS

  • 10,772 +/- SF Free Standing Retail Building w/ Drive-Thru Situated On 1.16 +/- Acres In South Bend, IN
  • Family Dollar Has Vacated Location - Lease Obligation Runs Until June 2026
  • Attractive Opportunity For Purchaser To Collect Remaining Rent While Working to Re-Tenant Property
  • Subject Property Built In 1996 - All Block Construction
  • Signalized Corner Location w/ Multiple Points of Ingress and Egress
  • Strong Traffic Counts w/ Over 14,900 VPD Traveling on Lincoln Way

OVERVIEW

FD LEASE RUNS UNTIL 6/26 | $240K OF REMAINING RENT + "NN" EXPENSES

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Drug Store W/ 2 YRS. of "NN" Rent

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

NC

APN/PARCEL ID

71-08-03-179-028.000-026

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.