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OFF-MARKET
Lifestyle centers

4542-4568 Elkhart Rd Elkhart, IN 46517

37,286 SF 5.12 ac lot Built 2005
Property ID
Property summary
AI-generated overview

Goshen Village Shoppes, a 37,286 square foot retail shopping center in Elkhart, Indiana, presents a compelling investment opportunity. Built in 2005 and renovated in 2006, this multi-tenant property sits on 5.12 acres and is zoned PUD. Located at 4542-4568 Elkhart Rd, Elkhart, IN 46517, the center enjoys a highly visible location at a signalized intersection on US 33, benefiting from 17,058 vehicles passing daily. The property features a four-building layout with a well-lit entrance, maximizing accessibility and exposure. Currently home to established businesses including Starbucks, Jimmy John's, Great Clips, AT&T, and Eyemart Express, the center offers a diverse mix of tenants. Two spaces are currently available, ranging from 2,800 to 4,028 square feet. Its strategic location within a Meijer shadow-anchored development, coupled with proximity to other major national retailers like Kohl's, Target, Walmart, and Lowe's, ensures a substantial and consistent customer base drawn from Goshen, Elkhart, and surrounding areas. This prime commercial site offers exceptional visibility and access within a thriving retail hub. The strong commercial presence and expansive trade area provide a robust environment for business success.

Property profile
Verified
Property type Lifestyle centers
Year built 2005
Total area 37,286 SF
Lot 5.12 ac (223,027 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
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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