Listing Agency: Marcus & Millichap - Columbus

Listed By: Craig Fuller · License #OH 2008001551

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:18PM

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Investment Insights

Based on property information with market context.

This offering is a retail property presented for sale. The published materials identify the asset as 3,000 SF of retail space and reference a 6.57% cap rate.

The property is located at 2823 Gateway Dr in Elkhart, Indiana (46514).

Key Highlights

• Stated 6.57% cap rate
• Retail property offered for sale with 3,000 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Storage Facility Garden Center (Bike/Boat/Book/etc) 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

170

Businesses Nearby

Explore this area Business Placement

Demographics for 46514, IN

42,048

Population

17,987

Households

2.3

Avg Household Size

39

Median Age

21%

College-Educated

86%

High-School Grad

38.7 sq mi

ZIP Area

1,087

Density / Sq Mi

$61,784

Median Household Income

$40,909

Median Earnings

$1,084

Median Rent

$170,900

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with a stated 6.57% cap rate and 3,000 SF.

Where is this retail space located?

The property is located at 2823 Gateway Dr Elkhart, IN.

What are key features of this property?

This property features: Stated 6.57% cap rate; Retail property offered for sale with 3,000 SF