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Multi-Tenant Shopping Center
For Sale
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Pending

4067 Franklin St, Michigan City, IN 46360

Retail property occupied by Planet Fitness, GNC, and LaPorte County with a newly executed long-term lease.

Property SizeContact for details
Days on Market144

Property Features for 4067 Franklin St

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Ascend Real Estate Advisors
Listed By: Vladimir Ganz · License #INNN
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 1:04AM

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 Ascend Real Estate Advisors

Investment Insights

Based on property information with market context.

This shopping center is a pad-site retail property occupied by three tenants: Planet Fitness, GNC, and LaPorte County. Planet Fitness is supported by a new 10-year lease, providing a documented lease term within the tenant lineup.

The property is located at 4067 Franklin St in Michigan City, Indiana, placing the retail asset along Franklin Street within the city.

Key Highlights

  • Three‑tenant retail property with Planet Fitness, GNC, and LaPorte County
  • Planet Fitness has a new 10‑year lease
  • Pad‑site shopping center property

Property Analytics

Current Use

Planet Fitness Spa & Massage Center

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46360, IN

44,209
Population
21,652
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
76.6 sq mi
ZIP Area
577
Density / Sq Mi
$59,641
Median Household Income
$36,738
Median Earnings
$924
Median Rent
$155,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail property occupied by Planet Fitness, GNC, and LaPorte County with a newly executed long-term lease.
Where is this shopping center located?
The property is located at 4067 Franklin St Michigan City, IN.
What are key features of this property?
This property features: Three‑tenant retail property with Planet Fitness, GNC, and LaPorte County; Planet Fitness has a new 10‑year lease; Pad‑site shopping center property
More about this property
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