Property summary
This exceptional 41,900-square-foot flex space in Mishawaka, Indiana, presents a unique investment opportunity. Located at 3618 Grape Road, this single-building property boasts a prime location within University Park, Indiana's second-largest retail trade area, serving a population exceeding 900,000 with a combined buying income of $6 billion. The property, built in 1979, features a versatile layout combining 20,400 square feet of two-level office/retail space with industrial warehouse space. Units are divisible to a minimum of 6,400 square feet, with a maximum contiguous space of 8,900 square feet. The property includes one loading dock and ample parking with 217 spaces. Benefit from high visibility with significant display area on a prominent pylon sign, and capitalize on the substantial daily traffic counts on Grape Road (19,797) and Edison Road (22,288). The property's strategic location, just 2.5 miles from the University of Notre Dame, further enhances its appeal. Nearby developments, including St. Joseph Regional Medical Center's new $350 million campus, contribute to the area's robust economic growth. The property is zoned C-2 Commercial and sits on 2.26 acres of land. The building features an 18-foot ceiling height. This is an ideal opportunity for businesses seeking a high-traffic, well-located space in a thriving market. The property's multiple tenancy allows for flexibility and diverse income streams.
Property profile
VerifiedCap rate & NOI
Current use
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Advertising Agency Marketing & Advertising
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(Bike/Boat/Book/etc) Store Grocery & Convenience Store
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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