New 7-Eleven Gas Convenience
For Sale
Contact for pricing
Pending
117 W McKinley Ave, Mishawaka, IN 46545
Newly constructed 7-Eleven opened in October 2022, operated under a 15-year absolute net lease with scheduled rent increases.
Property SizeContact for details
Days on Market147
Property Features for 117 W McKinley Ave
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Additional Details
Business Included
Yes
Traffic Count
44,000 vehicles/day
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Mohsin Mirza · License #IL 475.189943
(312) 782-5800
Source:
Crexi
Added: Apr 11
Changed: Sep 4
Last Checked: Sep 2 at 12:52AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
A newly constructed 7-Eleven gas and convenience store, purpose-built for the tenant in October 2022. The property is operated under a new 15-year absolute net lease, featuring 7.5% rent increases every five years and zero landlord responsibilities.
Located in a dense retail corridor in Mishawaka, IN, the site is positioned across from Town & Country Shopping Center. It sits at a prominent signalized intersection with traffic counts listed at 44,000+ VPD and is supported by a surrounding retail mix that includes national retailers such as Kroger, Big Lots, Planet Fitness, Harbor Freight Tools, Dunham’s Sports, and Dollar Tree, among others.
The property is also described as being only a short distance to the University of Notre Dame campus, with over 165,500 residents within a five-mile radius.
Located in a dense retail corridor in Mishawaka, IN, the site is positioned across from Town & Country Shopping Center. It sits at a prominent signalized intersection with traffic counts listed at 44,000+ VPD and is supported by a surrounding retail mix that includes national retailers such as Kroger, Big Lots, Planet Fitness, Harbor Freight Tools, Dunham’s Sports, and Dollar Tree, among others.
The property is also described as being only a short distance to the University of Notre Dame campus, with over 165,500 residents within a five-mile radius.
Key Highlights
- Newly constructed 7‑Eleven opened October 2022 and is currently operating under tenant occupancy.
- 15‑year absolute net lease with scheduled 7.5% rent increases every five years.
- Lease structure states zero landlord responsibilities.
Property Analytics
Property Profile
Current Use
Lease Details
44,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 46545, IN
26,312
Population
13,046
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
1,438
Density / Sq Mi
$55,889
Median Household Income
$36,999
Median Earnings
$986
Median Rent
$174,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Newly constructed 7-Eleven opened in October 2022, operated under a 15-year absolute net lease with scheduled rent increases.
Where is this gas station located?
The property is located at 117 W McKinley Ave Mishawaka, IN.
What are key features of this property?
This property features: Newly constructed 7‑Eleven opened October 2022 and is currently operating under tenant occupancy.; 15‑year absolute net lease with scheduled 7.5% rent increases every five years.; Lease structure states zero landlord responsibilities.
