4100 Edison Lakes Pky - Office FOR SALE


Mishawaka, IN 46545
$16,530,000 USD
574-968-9270
4100 Edison Lakes Pky, Mishawaka, IN for Sale
$16,530,000 USD
Office - FOR SALE
1/14
null | 8.5% Cap Rate

4100 Edison Lakes Pky
Mishawaka, IN 46545


OVERVIEW

•Premier Class A office building located in the heart of one of Northern Indiana's top performing office submarkets •98 percent leased with a weighted average lease term of approximately 9.6 years •Over 50 percent of the building was renovated in the past two years with modern finishes and updated systems •The building sits on over 14.5 acres offering abundant parking (356 spaces in total) and also offers a value-add component by adding an outlot building •Strong and diverse tenant mix with multiple new tenants as well as existing tenants who have made recent long-term commitments to the building •Leases include a combination of triple net and modified gross structures with base year expense recovery and annual rent increases •Strategically located in North Central Indiana with easy access to the surrounding region, desirable rooftops, and Indiana’s second largest retail corridor

FOR SALE DETAILS

PRICE

$16,530,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

264

LAND DETAILS

LAND ACRES

13.98 AC

LAND SF

608,969 SF

ZONING

C-1

APN/PARCEL ID

71-04-34-352-001.000-022

ASK ABOUT THIS PROPERTY

John JessenBradley CompanyMore Info
574-968-9270

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John JessenBradley CompanyMore Info
574-968-9270

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