Freestanding NNN Retail
For Sale
Contact for pricing
Pending
2931 Portage Ave, South Bend, IN 46628
A freestanding, single-tenant retail asset leased to Dollar General under a double-net structure with limited landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 2931 Portage Ave
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Thomas Freiburger
Listed By:
Thomas Freiburger · License #2007002449
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:48PM
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 Thomas Freiburger
Investment Insights
Based on property information with market context.
This freestanding retail property is occupied by a single tenant, Dollar General, under a double-net lease scheduled to run through July 2024. The lease structure limits landlord responsibilities relative to other lease formats, as described in the property information.
Located at 2931 Portage Ave in northern South Bend’s Council Oak neighborhood, the property is approximately one-half mile from I-80/I-90. University of Notre Dame Main Campus, student housing, and South Bend International Airport are nearby, while downtown South Bend is approximately 10 minutes away. The surrounding setting includes residential development, with a substantial retail area located across the freeway.
Located at 2931 Portage Ave in northern South Bend’s Council Oak neighborhood, the property is approximately one-half mile from I-80/I-90. University of Notre Dame Main Campus, student housing, and South Bend International Airport are nearby, while downtown South Bend is approximately 10 minutes away. The surrounding setting includes residential development, with a substantial retail area located across the freeway.
Key Highlights
- Freestanding, single‑tenant retail property leased to Dollar General
- Double‑net lease structure with minimal landlord responsibilities
- Lease term stated through July 2024
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 18%
Apparel 10%
Electronics 3%
Meijer Gas Station
Shops & Services
27,442 visits/mo
0.5 miles
Burger King
Dining
11,126 visits/mo
0.5 miles
Phillips 66
Shops & Services
9,929 visits/mo
0.2 miles
Goodwill
Apparel
6,023 visits/mo
0.5 miles
Dollar General
Shops & Services
5,463 visits/mo
0.0 miles
Demographics for 46628, IN
27,011
Population
12,266
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
92%
High-School Grad
34.2 sq mi
ZIP Area
790
Density / Sq Mi
$56,889
Median Household Income
$37,423
Median Earnings
$1,068
Median Rent
$164,500
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 - A freestanding, single-tenant retail asset leased to Dollar General under a double-net structure with limited landlord responsibilities.
Where is this nnn property located?
The property is located at 2931 Portage Ave South Bend, IN.
What are key features of this property?
This property features: Freestanding, single‑tenant retail property leased to Dollar General; Double‑net lease structure with minimal landlord responsibilities; Lease term stated through July 2024
