5760 Nimtz Pky - Office FOR SALE


South Bend, IN 46628
$1,500,000 USD
574-237-6000
5760 Nimtz Pky, South Bend, IN for Sale
$1,500,000 USD
Office - FOR SALE
1/24
null | 7.52% Cap Rate

5760 Nimtz Pky
South Bend, IN 46628


OVERVIEW

•Leased to The AME Group which is a leading regional IT consulting firm (https://www.theamegroup.com) . The tenant exercised its first 5-year renewal option effective June 1, 2023. •Constructed in 2015, the property offers beautiful Class A finishes, abundant natural light and is well maintained in an excellent condition. It is located directly adjacent to the Blackthorn golf course with beautiful views of the course. •The building is situated on a small cul-de-sac adjacent to two other Class A office buildings and ample parking. •The property is located in the Blackthorn Corporate Park which is situated on 115 acres in the northwest side of South Bend with excellent access to the Indiana 80/90 Toll Road, the US 20/31 Bypass and the South Bend International Airport. This allows great access to the entire South Bend MSA and surrounding areas. •The area boasts a population of about 250,000 within a 10 mile radius. •At market rent--$12.94/SF, NNN lease with CAM of approximately $6.80/SF. •Tenant may be willing to vacate early for a new user to occupy the office. •Seller financing is potentially available pending final deal terms.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5760 Nimtz Pkwy.

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C

APN/PARCEL ID

71-03-20-300-024.000-009

ASK ABOUT THIS PROPERTY

Dan SkodrasBradley CompanyMore Info
574-237-6000

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Dan SkodrasBradley CompanyMore Info
574-237-6000

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