1301 E Douglas Rd - Office FOR SALE


Mishawaka, IN 46545
$9,000,000 USD
260-422-8474
1301 E Douglas Rd, Mishawaka, IN for Sale
$9,000,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

1301 E Douglas Rd
Mishawaka, IN 46545


HIGHLIGHTS

  • New 10-year lease in place; Approximately 50% leased
  • Class A building situated within the Edison Lakes Corporate Office Park
  • Located within 10 minutes of Notre Dame Campus
  • Adjacent to St. Joseph Hospital & Veterans Administration Hospital
  • Close proximity to dining, hospitality & retail amenities, as well as interstate access
  • Within a 10 mile radius to several local markets including South Bend, Granger, Elkhart and SW Michigan

OVERVIEW

Presenting a prime investment opportunity, the property at 1301 East Douglas Road offers a commanding presence in the Mishawaka/South Bend area. Boasting a substantial 88,854 SF Class A building within the esteemed Edison Lakes Corporate Office Park, this property is ideally positioned for success. Its strategic location, adjacent to St Joseph Hospital & Veterans Administration Hospital and within 10 minutes of the renowned Notre Dame campus, presents unparalleled convenience and prestige. With value-add potential, income generation opportunities through the current tenants and a sale leaseback option from the seller, this property represents a compelling prospect for office building investors and users. Don't miss the chance to acquire this exceptional asset with significant potential for NOI growth.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1301 East Douglas Road Mishawaka, IN 46545

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.47 AC

LAND SF

456,073 SF

ZONING

C2

APN/PARCEL ID

71-04-34-126-014.000-022,71-04-34-126-016.000-022

ASK ABOUT THIS PROPERTY

Daniel GabbardThe Zacher CompanyMore Info
260-422-8474

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Daniel GabbardThe Zacher CompanyMore Info
260-422-8474

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