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Elkhart Plaza West 1200-1252 N Nappanee St 1,200 - 17,030 SF of Retail Space Available in Elkhart, IN 46514
HIGHLIGHTS
- Elkhart Plaza West offers spaces for retail, restaurant, office, and medical tenants, including a former barber shop.
- Consistent streams of consumers come to the employer-heavy area daily, with roughly 5,000 workers and 400 businesses within only a mile of the center.
- Join this popular neighborhood center with a special introductory rate for an as-is lease today.
- Anchored by a Trampoline Park with a healthy mix of smaller tenants like Subway, GNC, Sky Nails Spa, and Indiana Physical Therapy.
- Welcoming both new and established businesses, management offers easy-to-read terms and flexible leasing options at this prime location.
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1210 | 8,450 SF | Negotiable | $12.79 CAD/SF/YR $1.07 CAD/SF/MO $108,060 CAD/YR $9,005 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1230 | 2,700 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $44,793 CAD/YR $3,733 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1238 | 1,200 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $19,908 CAD/YR $1,659 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1242 | 3,000 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $49,770 CAD/YR $4,148 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1244 | 1,680 SF | Negotiable | $16.59 CAD/SF/YR $1.38 CAD/SF/MO $27,871 CAD/YR $2,323 CAD/MO | Triple Net (NNN) |
1200-1252 N Nappanee St - 1st Floor - Ste 1210
former CVS Pharmacy, available with notice
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1200-1252 N Nappanee St - 1st Floor - Ste 1230
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1200-1252 N Nappanee St - 1st Floor - Ste 1238
Former Great Clips barber shop
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Space is in Excellent Condition
1200-1252 N Nappanee St - 1st Floor - Ste 1242
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,680 SF of adjacent space
1200-1252 N Nappanee St - 1st Floor - Ste 1244
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,680 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT ELKHART PLAZA WEST
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- GNC
- -
- -
- -
- Indiana Physical Therapy
- MD/DDS
- 4
- Local
- Sky Nails & Spa
- Nail Salon
- 1
- Local
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| GNC | - | - | - |
| Indiana Physical Therapy | MD/DDS | 4 | Local |
| Sky Nails & Spa | Nail Salon | 1 | Local |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
Elkhart Plaza West presents the opportunity for retail, restaurant, office, and medical tenants to set up shop in an established commercial area with new ownership offering excellent incentives to invigorate the center with new businesses. Available spaces begin at 1,200 square feet in-line positions in the center. They sport various layouts to accommodate a range of users, such as the former Great Clips. The new anchor - a trampoline park - just signed and will open in 2025, bringing considerable new traffic to this already popular center! Tenants of Elkhart Plaza West significantly benefit from a built-in daily consumer pool with dozens of high-volume employers nearby, such as Elkhart Products Corporation, American Cargo Group, Nanochem Technologies, and the OSMC Pain Management Center. Many consumers are regularly drawn here as Nappanee Street is a major connector road and brings 27,099 vehicles per day past the center on average. Elkhart Plaza West’s destinations are easily accessible for visitors from far and wide, with Interstate 90 only 4 miles away. Residents of Downtown Elkhart and its surrounding suburbs can typically reach the shopping center in 10 minutes via multiple avenues, and the market has relatively high annual consumer spending of over $1 billion within a 5-mile radius. Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms. Woodcrest is also sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Give Woodcrest a call today to find the right location for your business as they usually have multiple retail opportunities in the immediate area.
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NEARBY MAJOR RETAILERS
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Elkhart Plaza West | 1200-1252 N Nappanee St
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