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    53842 Generations Dr South Bend, IN 46635

    Sponsored
    For Lease
    $13 SF/Yr ($11,694 /Mo)

    10,395 SF Office Building, Suite Available

    Lot size:
    10,395 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, constructed in 1999, offers 10,395 square feet of flexible space in a desirable South Bend location. Currently, a 3,553-square-foot suite (Suite 1A) on the lower level is available for lease. The building boasts numerous upgraded features, including ChoiceLight high-speed internet access. Situated on a 0.75-acre lot within the Foundation Center, a thriving mixed-use development, this brick building enjoys high visibility at the intersection of SR 23 and Douglas Road. The area offers a blend of medical offices, surgery centers, educational institutions, residential areas, and numerous national and regional retailers. Its strategic location provides easy access to the University of Notre Dame, Saint Joseph Health System Mishawaka campus, and the University Park Trade area (over 6,000,000 square feet of commercial space). The property benefits from a daily traffic count exceeding 21,000 vehicles. Shared common area maintenance (CAM) is $2.75 per square foot. Tenants are responsible for shared gas and electric, as well as separate janitorial services. This property is ideal for businesses seeking a prominent presence in a vibrant and convenient South Bend location. The zoning is B-Business, and the APN is 71-04-29-453-008.000-003, located in St. Joseph County.

    Property Features for 53842 Generations Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,395 SF
    Class
    A
    Total Rate
    11694.38

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 1A
    Size
    3,553 SF
    Rate per SF
    $13

    HighLights

    • Class A office building totaling 10,395 square feet.
    • One suite of 3,553 square feet available for lease.
    • Located in the Foundation Center, a mixed‑use development in South Bend, Indiana.
    • Building features include upgraded finishes and ChoiceLight fiber internet.
    • Property sits on a 0.75‑acre lot with convenient access to SR 23 and major employers.
    Property Profile Location Intelligence

    Current Use by Public Records

    BEACON ACO Home Health Care Service Erin Clark Emergency Care Physician Amanda Springer Family Practice Physician Career Transitions LLC Recruiter

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    South Bend
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.2031823
    Latitude
    41.710973

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    FAQs

    What type of property is this?
    Office Property / Space - 10,395 SF Office Building, Suite Available
    Where is this office property / space located?
    The property is located at 53842 Generations Dr South Bend, IN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Class A office building totaling 10,395 square feet.; One suite of 3,553 square feet available for lease.; Located in the Foundation Center, a mixed-use development in South Bend, Indiana.
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    53842 Generations Dr South Bend, IN 46635
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    53842 Generations Dr South Bend, IN 46635
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