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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2405 Miracle Ln Mishawaka, IN 46545

6,175 SF
Property ID
Property summary
AI-generated overview

This exceptional 6,175-square-foot free-standing restaurant space is ideally situated at 2405 Miracle Lane, Mishawaka, Indiana, 46545, near the intersection of McKinley Avenue. The property boasts a highly visible location within the thriving 380,000-square-foot Town & Country Shopping Center, a well-established retail destination in South Bend. This single-tenant retail space offers significant potential for a variety of restaurant concepts. The center enjoys exceptionally high traffic volume due to its long-standing presence and impressive tenant mix. Current co-tenants include nationally recognized brands such as Kroger, Dunham's Sports, Chuck E. Cheese, BMV of Mishawaka, Rainbow Apparel, United Art & Education, Dollar Tree, Harbor Freight Tools, Arby's, Rent-A-Center, Mishawaka Furniture, Popeyes, and Firestone. The Town & Country Shopping Center is nearly fully leased, indicating strong market demand and a stable investment opportunity. This prime location offers excellent visibility and accessibility, making it an attractive proposition for a discerning restaurant operator seeking a prominent presence in a busy and established retail environment. The property's size and location within this successful power center provide a strong foundation for future growth and success.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,175 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
  • Hi Ho Restaurant Restaurant
  • Hi Ho Chop Suey Restaurant
  • Kingdom Opioid Rehab Indiana Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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