NNN Ground Lease
For Sale
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5126 N Main St, Mishawaka, IN 46545
Corporate-guaranteed lease with scheduled increases and multiple renewal options.
Property Size6,490 SF
Price / SF$359.53
Days on Market329
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Property Features for 5126 N Main St
General Information
Standard status
Active
Size
6,490 SF
Property subtype
RETAIL
Listing Agency:
Marcus & Millichap | Columbus
(614) 360-9800
Listed By:
Brennan Clegg · License #(S):OH:SAL.2019001449,NE:20220396
(614) 360-9805
Source:
Moodyscre
Added: Nov 20, 2025
Changed: Oct 7
Last Checked: Oct 15 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 Marcus & Millichap | Columbus
Investment Insights
Based on property information with market context.
This NNN property is subject to a corporate-guaranteed ground lease with more than 17 years remaining. Contractual rent increases of 10% occur every 5 years, and the agreement includes multiple renewal options. The property size is identified as 6,490 square feet.
The asset is located at 5126 N Main St in Mishawaka, Indiana. Its lease structure, remaining term, escalation schedule, and renewal provisions provide the primary documented characteristics of the offering.
The asset is located at 5126 N Main St in Mishawaka, Indiana. Its lease structure, remaining term, escalation schedule, and renewal provisions provide the primary documented characteristics of the offering.
Key Highlights
- More than 17 years remaining on the NNN ground lease
- Corporate guaranty supports the ground lease
- 10% rental increases scheduled every 5 years
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,141
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed lease with scheduled increases and multiple renewal options.
Where is this nnn property located?
The property is located at 5126 N Main St Mishawaka, IN.
What is the asking price?
The asking price for this property is $2,333,333.
What are key features of this property?
This property features: More than 17 years remaining on the NNN ground lease; Corporate guaranty supports the ground lease; 10% rental increases scheduled every 5 years
