5032 Miami St - Storefront FOR SALE


South Bend, IN 46614- Scottdale
$1,548,387 USD
812-320-8483
5032 Miami St, South Bend, IN for Sale
$1,548,387 USD
Storefront - FOR SALE
1/4
null | 7.75% Cap Rate

5032 Miami St
South Bend, IN 46614
Scottdale


HIGHLIGHTS

  • Freestanding Building Built to Suit for Indiana Farm Bureau Insurance in 2011| 6.83 Years Remaining | Absolute NNN Lease
  • Adjacent to Erskine Village Power Center, Which Includes Kohl’s, Target, Kroger, Starbucks, Martin’s Supermarket, McDonald's, Arby's, and More
  • Affluent Area: One-Mile Average Household Income is $91,615

OVERVIEW

Freestanding Building Built to Suit for Indiana Farm Bureau Insurance in 2011| 6.83 Years Remaining | Absolute NNN Lease – No Landlord Responsibilities Corporate Guarantee | A+ Credit Rating (AM Best) | Indiana Farm Bureau Has Been in Business Since 1919 and Has Locations in All 92 Indiana Counties Adjacent to Erskine Village Power Center, Which Includes Kohl’s, Target, Kroger, Starbucks, Martin’s Supermarket, Joann Fabrics, Arby’s, McDonald’s, and More Near Highway US-31 with 26,000 VPD | Just South of the Intersection of Miami Street and Highway US-20 Bypass with a Combined VPD 51,800+ Affluent Area: One-Mile Average Household Income is $91,615 Densely Populated University Town | Near University of Notre Dame , ranked #20 in the 2024 Edition of Best Colleges and National Universities, (13,139+ Students), Indiana University South Bend (4,450 Students), and Ivy Tech Community College (5,000 Students), St. Mary’s College (1,500 Students), and Holy Cross College (500 Students) St Joseph is the Fifth Largest County in Indiana | South Bend is the Economic and Cultural Hub of a Multi-County, Bi-State Greater Region, with a Population of 924,820 Less Than 90 Miles to Chicago | Five Miles from Mishawaka, with One of the Largest Concentrations of Retail Stores in the State Excellent Daytime Population of 113,569 Within a 5-Mile Radius

FOR SALE DETAILS

PRICE

$1,548,387 USD

PRICE/SF

$262 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Indiana Farm Bureau | South Bend, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

C

APN/PARCEL ID

71-09-30-352-002.000-002

ASK ABOUT THIS PROPERTY

Damien YoderMarcus & MillichapMore Info
812-320-8483

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Damien YoderMarcus & MillichapMore Info
812-320-8483

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