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Kroger-Anchored Shopping Center
For Sale
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906 S Merrifield Avenue, Mishawaka, IN 46544

Retail plaza includes a build-to-suit supermarket and an excluded outparcel occupied by Dollar General.

Property SizeContact for details
Days on Market145

Property Features for 906 S Merrifield Avenue

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Kroger, Dollar General
Listing Agency: Horvath & Tremblay
Listed By: Aaron Huntley · License #MA 9​5​2​5​0​6​2
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 3:51PM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

Merrifield Plaza is a shopping center anchored by a Kroger supermarket constructed as a build-to-suit facility. Kroger has occupied the anchor space since the property was built in 1990, providing an established grocery component within the center. The offering includes the shopping center but excludes the Dollar General outparcel.

The property is located at 906 S Merrifield Avenue in Mishawaka, Indiana, at the intersection of East 12th Street and South Merrifield Avenue. Dollar General remains on the separate outparcel and reimburses the shopping center for common area maintenance. The asset is offered for sale as a retail plaza with a long-standing supermarket anchor and an adjacent outparcel excluded from the transaction.

Key Highlights

  • Kroger supermarket anchor constructed as a build‑to‑suit facility
  • Kroger has occupied the property since its construction in 1990
  • Dollar General occupies an outparcel that is excluded from the offering

Property Analytics

Current Use

Cardtronics ATM Atm Kroger Grocery & Convenience Store Redbox Cinema higi Physician Kroger Bakery Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Pharmacy Grocery & Convenience Store (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

336
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46544, IN

31,571
Population
13,661
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
39.8 sq mi
ZIP Area
793
Density / Sq Mi
$57,873
Median Household Income
$40,120
Median Earnings
$1,018
Median Rent
$151,100
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 - Retail plaza includes a build-to-suit supermarket and an excluded outparcel occupied by Dollar General.
Where is this shopping center located?
The property is located at 906 S Merrifield Avenue Mishawaka, IN.
What are key features of this property?
This property features: Kroger supermarket anchor constructed as a build‑to‑suit facility; Kroger has occupied the property since its construction in 1990; Dollar General occupies an outparcel that is excluded from the offering
More about this property
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