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3624 S Nappanee 3624 S Nappanee St 3,150 SF of Retail Space Available in Elkhart, IN 46517



Sublease Highlights
- Fantastic location at signalized intersection with great visibility, high traffic counts, and multiple ingress/egress points
- Ample surface parking and monument signage available
- Former gas station with kitchen area and freezer/refrigeration units in place
- Sublease opportunity available with five years of term left; gas station use is allowed, but Tenant is responsible for cost and installation of tanks
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,150 SF | May 2031 | $22.67 CAD/SF/YR $1.89 CAD/SF/MO $71,407 CAD/YR $5,951 CAD/MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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.
Select Tenants at 3624 S Nappanee
- Tenant
- Description
- US Locations
- Reach
- 7-Eleven
- Convenience Market
- 10,348
- International
- Mobil
- Gasoline Station
- 6,343
- International
| Tenant | Description | US Locations | Reach |
| 7-Eleven | Convenience Market | 10,348 | International |
| Mobil | Gasoline Station | 6,343 | International |
Property Facts
| Total Space Available | 3,150 SF | Gross Leasable Area | 3,150 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Service Station | Parking Ratio | 4.76/1,000 SF |
| Total Space Available | 3,150 SF |
| Property Type | Retail |
| Property Subtype | Service Station |
| Gross Leasable Area | 3,150 SF |
| Year Built | 1996 |
| Parking Ratio | 4.76/1,000 SF |
About the Property
3624 S Nappanee St is a 3,150 square foot former gas station located at the signalized intersection of Nappanee St & CR 24, on the south side of Elkhart, IN. The site sits at the entrance to a large industrial park and is less than one mile from the US 20 bypass, making it an ideal location for a variety of service-related uses. The property features a large surface lot and canopy, monument signage, and multiple points of access. The building features a large open area (approximately 1,300 square feet), two private restrooms, office space, and rear kitchen and cooler area. This listing is a sublease opportunity.
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
3624 S Nappanee | 3624 S Nappanee St
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