5330 Franklin St Michigan City, IN 46360
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.
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GameStop Arcade & Gaming Center Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.