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3820 Edison Lakes Pky 9,698 SF Vacant Office Building Mishawaka, IN 46545 $3,147,457 CAD ($324.55 CAD/SF) 7.03% Cap Rate
Executive Summary
•Ideal for a user or investor, and can be available for immediate occupancy or held to collect remaining rent from tenant who has vacated (approximately 2 years of remaining lease term)
•Location in Edison Lakes Corporate Park provides a Class A setting and offers proximity to Mishawaka, South Bend, Granger, Elkhart and the University of Notre Dame
•Class A building with beautiful exterior and interior finishes
•Ample parking and access to various restaurants, health clubs, retail, hotels, and other amenities that provides a strong competitive advantage
•Highly traveled location with excellent visibility and traffic counts
•Preference is to sell, but owner will consider lease offers
•Location in Edison Lakes Corporate Park provides a Class A setting and offers proximity to Mishawaka, South Bend, Granger, Elkhart and the University of Notre Dame
•Class A building with beautiful exterior and interior finishes
•Ample parking and access to various restaurants, health clubs, retail, hotels, and other amenities that provides a strong competitive advantage
•Highly traveled location with excellent visibility and traffic counts
•Preference is to sell, but owner will consider lease offers
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,698 SF
Building Class
B
Year Built
1988
Price
$3,147,457 CAD
Price Per SF
$324.55 CAD
Cap Rate
7.03%
NOI
$221,206 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,849 SF
Building FAR
0.15
Lot Size
1.46 AC
Zoning
C-1 - Commercial
Parking
65 Spaces (6.7 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste Available Space
- 4,849 SF
- Office
- Full Build-Out
- Now
- 2nd Floor
- 4,849 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Available Space | 4,849 SF | Office | Full Build-Out | Now |
| 2nd Floor | 4,849 SF | Office | - | Now |
1st Fl-Ste Available Space
| Size |
| 4,849 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 4,849 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 71-09-04-226-003.000-022 | Improvements Assessment | $1,697,173 CAD |
| Land Assessment | $544,942 CAD | Total Assessment | $2,242,115 CAD |
Property Taxes
Parcel Number
71-09-04-226-003.000-022
Land Assessment
$544,942 CAD
Improvements Assessment
$1,697,173 CAD
Total Assessment
$2,242,115 CAD
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3820 Edison Lakes Pky
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