3575 Moreau Ct South Bend, IN 46628

This exceptional Class A office building, totaling 79,844 rentable square feet, presents a compelling investment opportunity in South Bend, Indiana. Situated on a 12.47-acre lot, this three-story building boasts panoramic views and is strategically located at the intersection of I-80/90 and US 31, providing easy access to major Midwestern cities. Its proximity to the South Bend International Airport and the recently announced $3.5 billion General Motors/Samsung SDI EV Battery Complex further enhances its value. Built in 1998 and extensively renovated in 2021, the property features a 49% occupancy rate with three tenants, including a major anchor tenant, LabCorp, which recently completed a $4 million+ renovation of its first-floor space (26,704 RSF). The building offers ample parking (3.6 spaces per 1,000 sq ft) and benefits from access to MetroNet's high-speed fiber-optic network. Significant portions of the second and third floors (a combined 39,459 RSF) are currently available for lease, presenting a substantial opportunity to increase occupancy and revenue. The asking price is $5,400,000, translating to $67.63 per square foot. The property's zoning is O (Office), and its APN is 71-03-29-100-001.000-009. The seller invested over $1.5 million in renovations since 2020. Two new leases on the second floor have recently been signed with terms ranging from five to seven years. This property offers a blend of strong existing tenancy, significant upside potential, and a prime location in a rapidly growing area.