5603 Grape Rd - Retail FOR SALE
Mishawaka, IN 46545 |
$2,615,000 USD
760-642-9942
5603 Grape Rd
Mishawaka, IN 46545
HIGHLIGHTS
- Listed for $2,615,000 yielding a cap rate of 6.25%.
- Strong Retail Synergy – Hobby Lobby, Taco Bell, Firehouse Subs, Discount Tire, ABC Warehouse, McDonald’s, and More.
- Newer Development – built in 2022.
- Long-term Lease of ±15 years demonstrates commitment to the site.
- Abs. NNN Lease has zero landlord responsibilities.
- Growing Operator – tenant is an actively growing franchisee with more sites set to open soon.
FOR SALE DETAILS
PRICE
$2,615,000 USD
PRICE/SF
$218 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
-
STATUS
Proposed
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
VALVOLINE
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
-
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.45 AC
LAND SF
63,115 SF
ZONING
-
APN/PARCEL ID
71-04-28-376-002.000-005
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760-642-9942
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760-642-9942
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