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1301 East Douglas Road Mishawaka, IN 46545 1301 E Douglas Rd 88,854 SF 50% Leased Office Building Mishawaka, IN 46545 For Sale

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INVESTMENT HIGHLIGHTS

Class A building situated within the Edison Lakes Corporate Office Park
Adjacent to St. Joseph Hospital & Veterans Administration Hospital
Within a 10 mile radius to several local markets including South Bend, Granger, Elkhart and SW Michigan

Located within 10 minutes of Notre Dame Campus
Close proximity to dining, hospitality & retail amenities, as well as interstate access
Value add potential with income generation through current tenant in place and sale leaseback option from seller

EXECUTIVE SUMMARY

Presenting a prime investment opportunity, the property at 1301 East Douglas Road offers a commanding presence in the Mishawaka/South Bend area. Boasting a substantial 88,854 SF Class A building within the esteemed Edison Lakes Corporate Office Park, this property is ideally positioned for success. Its strategic location, adjacent to St Joseph Hospital & Veterans Administration Hospital and within 10 minutes of the renowned Notre Dame campus, presents unparalleled convenience and prestige. With value-add potential, income generation opportunities through the current tenant and a sale leaseback option from the seller, this property represents a compelling prospect for office building investors. Don't miss the chance to acquire this exceptional asset with significant potential for NOI growth.

Offering Memorandum without financials - 1301 E. Douglas Rd.

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Building Size

88,854 SF

Building Class

Year Built

2007

Percent Leased

50%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

44,427 SF

Building FAR

0.19

Lot Size

10.47 AC

Zoning

C2 - General Office

24 Hour Access
Controlled Access

Security System
Air Conditioning

Fiber Optic Internet

Backup Power / Generators

MAJOR TENANTS

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Sinclair Broadcast Group is a subsidiary of Sinclair Inc., (Nasdaq: SBGI) a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to over a hundred television stations in numerous markets affiliated with all the major broadcast networks; owns Tennis Channel and multicast networks Comet, CHARGE!, TBD and The Nest; and owns and provides services to regional sports network brands. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the nation’s largest streaming aggregator of local news content, NewsON.

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PROPERTY TAXES

Parcel Numbers	Multiple 71-04-34-126-016.000-022 71-04-34-126-014.000-022	Improvements Assessment	$13,358,254 CAD
Land Assessment	$1,847,949 CAD	Total Assessment	$15,206,203 CAD