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Gas Station Land Lease

111 E Ireland Rd, South Bend, IN 46614

For Sale
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An absolute net lease is in place with a Marathon Gas operator, whose tenancy dates to 2000.

Property SizeContact for details
Days on Market20

Property Features for 111 E Ireland Rd

General Information

Standard status Active
Property subtype Retail

Automotive

Automotive Uses fuel station
Fuel Brand Marathon

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Real Estate Included Yes
Listing Agency: Bradley Company South Bend
Listed By: Matt Wetzel · License IN RB14048578
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 10 at 6:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Company South Bend

Rey
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Investment Insights

Based on property information with market context.

The property at 111 E Ireland Rd in South Bend, Indiana, is leased as a gas station site under an absolute net land lease. A master lease has been in place since 1953, and a Marathon Gas operator has occupied the property since 2000.

Key Highlights

  • Absolute net land lease in place
  • Master lease dates to 1953
  • Marathon Gas operator has leased the site since 2000

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coin Cloud Bitcoin ... Atm Marathon Gas Gas Station Western Union Bank Bitstop Bitcoin ATM Crypto Atm ATM Atm

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Hair Salon Electrical Service Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby
544k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Superstores 20% Shops & Services 16% Home Improvements & Furnishings 14%
Walmart Superstores
106,945 visits/mo 0.4 miles
Chick-fil-A Dining
57,625 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
44,204 visits/mo 0.4 miles
Texas Roadhouse Dining
31,720 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
31,718 visits/mo 0.3 miles

Demographics for 46614, IN

29,917
Population
12,995
Households
2.3
Avg Household Size
43
Median Age
34%
College-Educated
93%
High-School Grad
53.2 sq mi
ZIP Area
562
Density / Sq Mi
$70,998
Median Household Income
$43,793
Median Earnings
$886
Median Rent
$174,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Gas station - An absolute net lease is in place with a Marathon Gas operator, whose tenancy dates to 2000.
Where is this gas station located?
The property is located at 111 E Ireland Rd South Bend, IN.
What are key features of this property?
This property features: Absolute net land lease in place; Master lease dates to 1953; Marathon Gas operator has leased the site since 2000
(574) 970-9006 Call to check price and availability
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