Retail Value-Add NNN
For Sale
Contact for pricing
535-615 W Edison Rd., Mishawaka, IN 46545
Retail property with strong traffic exposure and a stated opportunity to convert to NNN.
Property SizeContact for details
Days on Market141
Property Features for 535-615 W Edison Rd.
General Information
Standard status
Active
Property subtype
Retail, Industrial
Listing Agency:
Xplor Commercial Real Estate
(260) 487-3699
Listed By:
Dennis Callison · License #IN
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 6:07AM
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 Xplor Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail property is presented as a value-add opportunity with potential to convert to a net-lease (NNN) structure, according to the seller’s remarks. The offering is positioned to support improved rent terms, with guidance provided that conversion would be under a specified per-square-foot level.
The property benefits from strong traffic counts, with the seller citing over 45,000 vehicles daily. The same remarks reference a population of approximately 173,000 within five miles.
For buyers, this combination of retail configuration and traffic visibility may support a leasing strategy aligned with the NNN conversion concept described in the offering materials.
The property benefits from strong traffic counts, with the seller citing over 45,000 vehicles daily. The same remarks reference a population of approximately 173,000 within five miles.
For buyers, this combination of retail configuration and traffic visibility may support a leasing strategy aligned with the NNN conversion concept described in the offering materials.
Key Highlights
- Retail property with strong traffic exposure
- Stated opportunity to convert to NNN
- Over 45,000 vehicles daily traffic counts
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
122k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 56%
Shops & Services 25%
Dining 17%
Electronics 2%
Cinemark Movies 14
Leisure
67,883 visits/mo
0.3 miles
Family Express
Shops & Services
21,848 visits/mo
0.4 miles
Bonefish Grill
Dining
10,872 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,707 visits/mo
0.5 miles
Little Caesars Pizza
Dining
4,467 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Retail property with strong traffic exposure and a stated opportunity to convert to NNN.
Where is this nnn property located?
The property is located at 535-615 W Edison Rd. Mishawaka, IN.
What are key features of this property?
This property features: Retail property with strong traffic exposure; Stated opportunity to convert to NNN; Over 45,000 vehicles daily traffic counts
