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Elkhart, IN NNN Properties for Sale

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Long John Silver’s Freestanding Restaurant
Updated: Apr 12
Long John Silver’s Freestanding Restaurant

1648 Cassopolis St, Elkhart, IN 46514

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1,850 sqft
Approximately 1,850‑square‑foot freestanding restaurant building
Long John Silver’s occupies the property
Absolute net lease with no landlord responsibilities
Over 9 years remaining on the lease
10.00% rental escalations every 5 years during the base lease term
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Net-Leased Dental Medical Office Building
Updated: Jan 15
Net-Leased Dental Medical Office Building

415 Waterfall Dr, Elkhart, IN 46516

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8,000 sqft
Two‑tenant net‑leased medical office building totaling 8,000 SF, built in 1991
Heartland Dental tenant occupies 4,050 SF (51%); lease in place since 2020 with over 4.5 years remaining
Heartland Dental lease includes 1.5% annual rental escalations
Lighthouse Autism Center occupies 3,950 SF (49%) with a remaining lease extension (NNN structure)
Net lease responsibilities: tenants pay HVAC, interior/non‑structural items, insurance, property taxes, and utilities; landlord handles roof/structure (and parking lot for Lighthouse)
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See what stands out in Elkhart County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

2801 Lincolnway E, Mishawaka, IN 46544

$2,168,932
3,780 sqft 1.50 AC lot

Remodeled in 2019, the freestanding building combines restaurant improvements with a new NNN lease.

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Single-Tenant Net Leased Industrial Building
Single-Tenant Net Leased Industrial Building

804 West Lincoln Avenue, Goshen, IN 46526

Contact for pricing
14,236 sqft

Free-standing industrial property features a net lease with an expiration in November 2027 and a renewal option.

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NNN Specialty Investment with Lease
NNN Specialty Investment with Lease

804-808 W Lincoln Ave, Goshen, IN 46526

$675,000

NNN investment featuring a lease scheduled to expire in 2027 with a remaining one-year option period.

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NNN Ground Lease Property
NNN Ground Lease Property

5126 N Main St, Mishawaka, IN 46545

Contact for pricing
6,490 sqft

Corporate-guaranteed lease with scheduled increases and multiple renewal options.

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Elkhart, IN Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Elkhart, IN on our real estate platform. These investment opportunities span a total of 9,850 square feet of properties for sale.

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Demographics Overview

Population 99K
Population Growth (5Y) -0.8%
Median Household Income $57,378
College Educated 17.6%

Taxes & Financing

Tax Rate (average for all types) 2.57%
Property Tax per SF $42.55 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Elkhart County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

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