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Retail Investment Property
For Sale
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12487 McKinley Hwy, Mishawaka, IN 46545

For sale retail property offered with a 6.50% cap rate and 9,100 SF of space.

Property SizeContact for details
Days on Market144

Property Features for 12487 McKinley Hwy

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Don McMinn · License #GA 292036
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:50AM

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 Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

This for-sale retail property is presented as a retail investment opportunity, with an indicated 6.50% cap rate and approximately 9,100 SF of space.

The property is located at 12487 McKinley Hwy in Mishawaka, Indiana 46545.

Key Highlights

  • Retail property for sale offered with a 6.50% cap rate
  • 9,100 SF retail space

Property Analytics

Current Use

Dollar General Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Big Box & Wholesale Store

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

92
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 50%
Culver's Dining
17,625 visits/mo 0.1 miles
Dollar General Shops & Services
9,444 visits/mo 0.0 miles
Marathon Shops & Services
8,462 visits/mo 0.1 miles

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property offered with a 6.50% cap rate and 9,100 SF of space.
Where is this retail space located?
The property is located at 12487 McKinley Hwy Mishawaka, IN.
What are key features of this property?
This property features: Retail property for sale offered with a 6.50% cap rate; 9,100 SF retail space
(678) 808-2762 Call to check price and availability
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