5209 N Main St - Freestanding FOR SALE
Mishawaka, IN 46545 |
5209 N Main St
Mishawaka, IN 46545
HIGHLIGHTS
- New 10 Year Lease Extension – A+ Location - South Bend, IN
- Store Renovation – La-Z-Boy Undergoing a Complete Store Renovation
- Publicly Traded Company (NYSE: LZB) - $1.78 Billion Market Cap o 350+ Locations Nationwide
- 10% Rent Increases Every 5 Years - Inflation Resistant Cash Flows
- 28,650 SF Standalone Building on 1.1 Acre Parcel
- Below Market Replaceable Rent – Strong Real Estate Fundamentals
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
La-Z-Boy Furniture Galleries
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
28560
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
71-04-33-201-009.000-005
