Your email has been sent.
Newly Developed Star Liquor Strip Center 2240 Prairie Ave 1,200 - 2,685 SF of Retail Space Available in South Bend, IN 46614
HIGHLIGHTS
- Brand New Strip Center
- 1/2 Mile from Four Winds Casino South Bend
- Drive-Thru Window Capabilities with City Approval on East 1,200 SF Endcap
- Anchored by Star Liquors
- 3 Units Available. 2 - 1,200 SF and 1 - 1,485 SF
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-2,685 SF | 5-10 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $67,465 CAD/YR $5,622 CAD/MO | Modified Gross |
1st Floor
Brand new, very well-built strip center located just off the corner of Prairie Avenue and S Olive Street just 1/2-mile East of the Four Winds Casino South Bend. Anchored by Star Liquors (Suite B), there are 3 suites available for Lease. Suite descriptions are as follows: 1) Suite A is 1,200 SF located on the East endcap. Drywall is installed in the unit up to the ceiling. Concrete has also been roughly 80% poured, allowing the plumbing to be accessed in the back to be finished to a Tenant's needs. HVAC and electric will need installation. Rent is $20/SF with a CAM Fee of $3.50/SF. This unit has drive-thru window capabilities to be approved by the City of South Bend when presented with Tenant's specific use. 2) Suite C is 1,485 SF located adjacent to the Liquor Store inline. Drywall is installed in the unit up to the ceiling. Concrete has also been roughly 80% poured, allowing the plumbing to be accessed in the back to be finished to a Tenant's needs. HVAC and electric will need installation. Rent is $18/SF with a CAM Fee of $3.50/SF. 3) Suite D is 1,200 SF located on the West endcap. This unit is being finished to "vanilla box" condition with HVAC and electric installed in the unit. Concrete has also been roughly 80% poured, allowing the plumbing to be accessed in the back to be finished to a Tenant's needs. Rent is $25/SF with a CAM Fee of $3.50/SF. This unit has drive-thru window capabilities to be approved by the City of South Bend when presented with Tenant's specific use. For all units, Tenants are also responsible for utilities, liability insurance, interior maintenance/janitorial, installing their own signs, Wi-Fi, and phone service. Tenant will be allowed one (1) sign attached to the building and another sign slot placement on the street pole sign. With excellent visibility, the property is only 1 mile from the US 20 Bypass, 2.5 miles from Downtown South Bend, 3.5 miles from US 31, 4 miles from the South Bend International Airport, and 5 miles from the University of Notre Dame.
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Brand New Strip Center
- Anchored by Star Liquors
- 1/2 Mile from Four Winds Casino South Bend
- 3 Units Available. 2 - 1,200 SF and 1 - 1,485 SF
- Drive-Thru Window Capabilities with City Approval
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.
PROPERTY FACTS
| Total Space Available | 2,685 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 1,200 SF | Gross Leasable Area | 8,340 SF |
| Property Type | Retail | Year Built | 2023 |
| Total Space Available | 2,685 SF |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,340 SF |
| Year Built | 2023 |
ABOUT THE PROPERTY
Brand new, very well built strip center located just off the corner of Prairie Avenue and S Olive Street just 1/2 mile East of the Four Winds Casino South Bend. Anchored by Star Liquors (Suite B), there are 3 suites available for Lease. Landlord will work with a tenant on buildout. Suite descriptions are as follows: 1) Suite A is 1,200 SF located on the East endcap. Drywall is installed in the unit up to the ceiling. Concrete has also been roughly 80% poured, allowing the plumbing to be accessed in the back to be finished to a Tenant's needs. HVAC and electric will need installation. Rent is $20/SF with a CAM Fee of $3.50/SF. This unit has drive-thru window capabilities to be approved by the City of South Bend when presented with Tenant's specific use. 2) Suite C is 1,485 SF located adjacent to the Liquor Store inline. Drywall is installed in the unit up to the ceiling. Concrete has also been roughly 80% poured, allowing the plumbing to be accessed in the back to be finished to a Tenant's needs. HVAC and electric will need installation. Rent is $18/SF with a CAM Fee of $3.50/SF. 3) Suite D is 1,200 SF located on the West endcap. This unit is being finished to "vanilla box" condition with HVAC and electric installed in the unit. Concrete has also been roughly 80% poured, allowing the plumbing to be accessed in the back to be finished to a Tenant's needs. Rent is $22/SF with a CAM Fee of $3.50/SF. This unit has drive-thru window capabilities to be approved by the City of South Bend when presented with Tenant's specific use. For all units, Tenants are also responsible for utilities, liability insurance, interior maintenance/janitorial, installing their own signs, Wi-Fi, and phone service. Tenant will be allowed one (1) sign attached to the building and another sign slot placement on the street pole sign. With excellent visibility, the property is only 1 mile from the US 20 Bypass, 2.5 miles from Downtown South Bend, 3.5 miles from US 31 S to Indianapolis, 4 miles from the South Bend International Airport, and 5 miles from the University of Notre Dame.
Presented by
Newly Developed Star Liquor Strip Center | 2240 Prairie Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.