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    1736 Day Rd Mishawaka, IN 46545

    For Lease
    $16 SF/Yr ($13,333 /Mo)

    Prime 2,120 sq ft medical/office suite.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Class A medical office space, totaling 2,120 square feet, is situated within THE PLAZA at Day & Fir (Phase III) in Mishawaka, Indiana, at 1736 E Day Rd, 46545. The property boasts a convenient location, offering easy access to major roadways including the Indiana Toll Road (80/90), US 20 By-Pass, and Capital Avenue. The building, constructed in 2017, is part of a three-building complex situated on 3.5 acres and features ample parking (225+ spaces), including a new lot built in 2022 with Fir Road access. This first-floor suite benefits from high visibility and prominent building and monument signage, experiencing over 13,000 car passes daily. The space is part of a thriving professional community, including The South Bend Clinic (with a new 4,000 sq ft spa), three healthcare companies, three financial services companies, an insurance company, and other professionals. The location is strategically positioned near significant developments such as the St. Joseph Regional Medical Center, a new VA Hospital, WSBT-TV Building, and various other medical and assisted living facilities. Furthermore, its proximity to the new Mishawaka Sports Complex (opening in 2024) and University Park Regional Mall enhances its appeal. The zoning is C-1 Commercial, and the minimum divisible space is 2,120 square feet, with a maximum contiguous space of 2,120 square feet. The total building size is 10,000 square feet, with one suite currently available.

    Property Features for 1736 Day Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    A
    Total Rate
    13333.33

    Building Details

    Year Built
    2017
    Buildings
    3
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    2,120 SF
    Rate per SF
    $16

    HighLights

    • Modified gross lease: Tenant pays utilities and janitorial; Landlord pays property taxes, CAM, and insurance.
    • Attractive all‑brick/masonry buildings with significant glass frontage.
    • High visibility and signage opportunities; over 13,000 cars per day traffic count.
    • Ample free parking: 225+ spaces.
    • Proximity to the new $355 million St. Joseph Regional Medical Center.
    • Adjacent to University Park Regional Mall (1.2 million square feet of retail).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HealthMarkets Insurance - Melissa ... Health Insurance Agency The Patzer Group Wealth ... Investment Service Motasem Afyouni, MD Internist Howard Bailey Financial, ... Financial Planner Dahan Al-Fadhl, MD Internist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mishawaka
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1600341
    Latitude
    41.6995944

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    FAQs

    What type of property is this?
    Medical office - Prime 2,120 sq ft medical/office suite.
    Where is this medical office located?
    The property is located at 1736 Day Rd Mishawaka, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Modified gross lease: Tenant pays utilities and janitorial; Landlord pays property taxes, CAM, and insurance.; Attractive all-brick/masonry buildings with significant glass frontage.; High visibility and signage opportunities; over 13,000 cars per day traffic count.
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    1736 Day Rd Mishawaka, IN 46545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1736 Day Rd Mishawaka, IN 46545
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