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    FOR LEASE
    Grocery and convenience stores

    2330 Hickory Rd, Mishawaka, IN 46545

    42,761 SF Built 1986
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-1521681
    2330 Hickory Rd, Mishawaka, IN 46545 For Lease
    $1,365,000
    2330 Hickory Rd, Mishawaka, IN 46545
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 0.5-acre commercial pad site presents a remarkable opportunity for retail development in Mishawaka, Indiana. Strategically located within the thriving Town & Country shopping center at 2330 Hickory Rd, zip code 46545, this property boasts unparalleled visibility and accessibility. The site is situated directly north of a Kroger grocery store, ensuring high foot traffic and strong consumer presence. The surrounding area is anchored by a diverse mix of established national and regional retailers, including Dunham's Sports, Chuck E. Cheese, a BMV branch, United Art & Education, Dollar Tree, Harbor Freight Tools, Arby's, Rent-A-Center, Mishawaka Furniture, Popeyes, and Firestone. This nearly fully-leased, 350,000+ square foot power center guarantees a robust and established customer base. The property is classified as commercial land for single-tenant occupancy, offering significant potential for a variety of retail uses. Located in St. Joseph County, this site provides easy access to major roadways and a dense residential population, making it an ideal location for businesses seeking high visibility and strong sales potential. The property's prime location and surrounding retail environment make it an exceptional investment opportunity.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1986
    Construction TYPE NOT SPECIFIED
    Total area 42,761 SF
    APN 71-09-04-351-901.000-023
    UPID US31-1521681
    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
    • Kroger Bakery Bakery Specialty Food Shop
    • Cardtronics ATM Atm
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    • Kroger Deli Food Market Restaurant
    • Kroger Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $860k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.22M
    Blend (final) Blend
    $1.37M
    Owner & transaction history
    KROGER LTD, PARTNERSHIP I
    KROGER LTD, PARTNERSHIP I
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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