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Anchored Shopping Center
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4410 Grape Rd, Mishawaka, IN 46545

National retail tenants anchor the center, with additional vacant space supporting future lease-up.

Property Size172,181 SF
Lot Size16.79 Acres
Days on Market143

Property Features for 4410 Grape Rd

General Information

Standard status Pending
Size 172,181 SF
Lot size 16.79 Acres
Property subtype Retail
Occupancy 68%

Site & Location

Anchor Co-Tenants Dick’s Sporting Goods, PetSmart, Old Navy, Shoe Carnival
Traffic Count 53,001 vehicles/day

Building Details

Year Built 1997
Buildings 2
Tenancy Multi
Listing Agency: Cushman & Wakefield - Indianapolis, Indiana
Listed By: Bill French · License #RB14018427
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 1:20AM

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 Cushman & Wakefield - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

Princess City Plaza is a 172,181-square-foot shopping center on 16.79 acres in Mishawaka, Indiana. The property includes a primary multi-tenant building and a separate small-shop outparcel. Dick’s Sporting Goods, PetSmart, Old Navy, and Shoe Carnival occupy the main center, while Whole Foods Market and Kohl’s with Sephora provide additional shadow-anchor presence. PetSmart occupies 26,040 square feet, and Dick’s Sporting Goods has committed to an 11-year lease for a relocated store expected to open in Spring of 2023, with term through January 2034 and four five-year extension options.

The center is 68% occupied, including 50,000 square feet of available space in the main property and 5,470 square feet of small-shop vacancy at the outparcel. It fronts Day Road between Grape Road and Main Street, where reported traffic is 53,001 VPD, and is one mile from I-80/90, which carries 25,775 VPD. Existing revenue is entirely from national tenants, with the two core anchors contributing 62% of revenue.

Key Highlights

  • 172,181‑square‑foot shopping center on 16.79 acres
  • 68% occupied, with 50,000 SF of main‑center vacancy and 5,470 SF of small‑shop vacancy
  • Anchored by Dick’s Sporting Goods and PetSmart, with Old Navy and Shoe Carnival as junior anchors

Property Analytics

Current Use

Princess City Plaza Shopping Center & Mall SEPHORA at Kohl's Cosmetic Store Kohl's Department Store

Suggested Use

Top Pick Building Supply Electrical Service Storage Facility Kitchen & Bath Showroom Garden Center Grocery & Convenience 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.

Lease Details

53,001 VPD
Traffic count
68%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby
132k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Leisure 51% Dining 44% Shops & Services 3% Electronics 1%
Cinemark Movies 14 Leisure
67,883 visits/mo 0.5 miles
Panda Express Dining
24,229 visits/mo 0.3 miles
Outback Steakhouse Dining
13,935 visits/mo 0.2 miles
Bonefish Grill Dining
10,872 visits/mo 0.4 miles
Belle Tire Shops & Services
4,482 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Shopping center - National retail tenants anchor the center, with additional vacant space supporting future lease-up.
Where is this shopping center located?
The property is located at 4410 Grape Rd Mishawaka, IN.
What are key features of this property?
This property features: 172,181‑square‑foot shopping center on 16.79 acres; 68% occupied, with 50,000 SF of main‑center vacancy and 5,470 SF of small‑shop vacancy; Anchored by Dick’s Sporting Goods and PetSmart, with Old Navy and Shoe Carnival as junior anchors
(312) 470-2317 Call to check price and availability
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