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2240 Prairie Ave, South Bend, IN 46614

Brand new retail suites available near Four Winds Casino South Bend.

Space Size1,200 SF - 1,485 SF
Property Size8,340 SF
Days on Market995

Property Features for 2240 Prairie Ave

General Information

Standard status Active
Size 1,200 SF - 1,485 SF
Class B
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 8,340 SF
Year Built 2023
Tenancy Multiple

Spaces For Lease

at 2240 Prairie Ave Contact us

Suite A

Size
1,200 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite C

Size
1,485 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite D

Size
1,200 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Roth Wehrly Graber South Bend
Listed By: John Piraccini · License #RB14045659
Source: Crexi
Added: Nov 30, 2023 Changed: Aug 14 Last Checked: Aug 20 at 7:34PM

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 Coldwell Banker Commercial Roth Wehrly Graber South Bend

Investment Insights

Based on property information with market context.

This brand new strip center is located just off the corner of Prairie Avenue and S Olive Street, approximately 0.5 miles east of the Four Winds Casino South Bend. Anchored by Star Liquors, the property has three suites available for lease. Suite A is a 1,200-square-foot east endcap unit with drywall installed up to the ceiling and approximately 80% of the concrete poured, allowing plumbing access. HVAC and electric installation are needed. Suite C offers 1,485 square feet and is located inline adjacent to the liquor store. Similar to Suite A, it features drywall up to the ceiling and approximately 80% of the concrete poured for plumbing access, with HVAC and electric requiring installation. Suite D, a 1,200-square-foot west endcap unit, is being finished to "vanilla box" condition with HVAC and electric installed. Approximately 80% of the concrete is poured for plumbing access. Tenants are responsible for utilities, liability insurance, interior maintenance, janitorial services, signage installation, Wi-Fi, and phone service. Each tenant is allowed one sign attached to the building and a sign slot on the street pole sign. The property is located one mile from the US 20 Bypass, 2.5 miles from Downtown South Bend, 3.5 miles from US 31, 4 miles from the South Bend International Airport, and 5 miles from the University of Notre Dame. Suite A has drive-thru window capabilities, subject to City of South Bend approval based on the tenant's specific use.

Key Highlights

  • Prime location: Just 1/2‑mile East of Four Winds Casino South Bend and close to major transportation routes.
  • Brand new 2023 construction strip center.
  • Anchored by Star Liquors, providing established customer traffic.

Property Analytics

Current Use

Star Liquors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Nail Salon Big Box & Wholesale Store Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,327 visits/mo 0.0 miles

Demographics for 46614, IN

29,917
Population
12,995
Households
2.3
Avg Household Size
43
Median Age
34%
College-Educated
93%
High-School Grad
53.2 sq mi
ZIP Area
562
Density / Sq Mi
$70,998
Median Household Income
$43,793
Median Earnings
$886
Median Rent
$174,900
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?
Strip mall - Brand new retail suites available near Four Winds Casino South Bend.
Where is this strip mall located?
The property is located at 2240 Prairie Ave South Bend, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location: Just 1/2‑mile East of Four Winds Casino South Bend and close to major transportation routes.; Brand new 2023 construction strip center.; Anchored by Star Liquors, providing established customer traffic.
(574) 277-8000 Call to check price and availability
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