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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5330 Franklin St Michigan City, IN 46360

6,080 SF Built 2005
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents a 1,520-square-foot endcap space in a 6,080-square-foot building located at 5330 Franklin Street, Michigan City, Indiana. Situated on a 0.71-acre lot, this single-tenant property boasts unparalleled visibility due to its location on heavily trafficked US Highway 421 (Franklin Street), within a thriving retail corridor. The building, constructed in 2005, is strategically positioned as an outlot to Menards and is surrounded by other national retail brands, ensuring high foot traffic and brand recognition. This endcap space offers maximum visibility and is the last available unit in the building, presenting a unique chance to establish a presence in a strong retail market. The property benefits from its location in Michigan City, a key city in the Michigan City-La Porte, Indiana Metropolitan Statistical Area, conveniently situated between Chicago and South Bend, and drawing significant tourism due to its proximity to Lake Michigan and the Indiana Dunes National Lakeshore. This prime location provides access to a large trade area and a diverse customer base. The space is ideal for businesses seeking high visibility and a strong retail presence in a desirable location. The building's total square footage is 6,080 square feet, with 1,520 square feet currently vacant. An additional 1,600 square-foot inline space is also available. This property offers a compelling investment opportunity in a dynamic and growing market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 6,080 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • GameStop Arcade & Gaming Center Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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