New 7-Eleven Gas Convenience
117 W McKinley Ave Mishawaka, IN 46545
117 W McKinley Ave, Mishawaka, IN, 46545
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For Sale
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Pending
Newly constructed 7-Eleven opened in October 2022, operated under a 15-year absolute net lease with scheduled rent increases.
Days on Market102
Property Features for 117 W McKinley Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
JLL Chicago | Americas Headquarters
(312) 782-5800
Listed by
Alex Sharrin · License #IL 475.170243
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 6:15AM Checked: Jul 21 at 6:15AM
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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
Location Intelligence
Current Use by Public Records
Orange Julius
Specialty Food Shop
Dairy Queen Grill ...
Restaurant
7-Eleven
Gas Station
Similar For Sale Nearby
FAQs
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.
