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Professional Offices 51024 Portage Rd 2,600 SF 12% Leased Office Building South Bend, IN 46628 $547,087 CAD ($210.42 CAD/SF) 9.38% Cap Rate
INVESTMENT HIGHLIGHTS
- Close proximity to all major highways
- Close to New Amazon Data Centers & GM Battery Plant
EXECUTIVE SUMMARY
Offices Located Near US 31 & Cleveland Bypass intersection provides immediate space ready to move in now. Perfect for a contractor, professional or service business, the space has newly renovated and furnished office in addition to open space.
Easy access to 80/90 Toll Road exits 72 and 77; US 12 and the US 31 Bypass are all very close proximity.
Newer roof and HVAC unit. Masonry block and brick face are maintenance free.
Additional 5,000sqft warehouse available in 2nd parcel immediately contiguous. The 5,000sqft steel warehouse has a new roof and garage door operators installed in 2024 with new LED lighting. The price for the warehouse is $ 325,000. Package Deal for both Office and Warehouse together.
Amazon Distributor Leased Suite 101 and Bay A Warehouse for Fleet Maintenance.
LaPorte Construction Leased Fully Furnished Renovated Office.
Flexible Seller financing available. Leasing also available. Acreage provides space for expansion.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Day Care
- Fenced Lot
- Security System
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Amazon Distributor
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- LaPorte Construction Inc
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Amazon Distributor | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| LaPorte Construction Inc | Construction | 99,999 SF | $9.99 | Lorem Ipsum | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Clean modern space close to the new Amazon Data Center and GM Battery Plant. Great access. Close to 80/90 Toll Road Exit 72; US 933; US 31; US 12 Prior tenants also leased storage space in rear warehouse. Perfect for Contracting Businesses requiring office / warehouse combination. Previous tenants include Professional office, CPA, Service Business and Distributor. Parking Lot has 12 spaces and can be expanded to 24.
Newly Renovated space is furnished with 6 workstation cubicles. New cabinets, plank flooring, paint, bathroom fixtures and commercial refrigerator are included in the monthly rent of $ 995 month. Great Access ! Close to 80/90 Toll Road Exit 72; US 933; US 31; US 12
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 101 | 600-1,200 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 102 | 800 SF | Office | Full Build-Out | Now |
1st Fl-Ste 101
| Size |
| 600-1,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 102
| Size |
| 800 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 101
| Size | 600-1,200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Clean modern space close to the new Amazon Data Center and GM Battery Plant. Great access. Close to 80/90 Toll Road Exit 72; US 933; US 31; US 12 Prior tenants also leased storage space in rear warehouse. Perfect for Contracting Businesses requiring office / warehouse combination. Previous tenants include Professional office, CPA, Service Business and Distributor. Parking Lot has 12 spaces and can be expanded to 24.
1st Fl-Ste 102
| Size | 800 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Newly Renovated space is furnished with 6 workstation cubicles. New cabinets, plank flooring, paint, bathroom fixtures and commercial refrigerator are included in the monthly rent of $ 995 month. Great Access ! Close to 80/90 Toll Road Exit 72; US 933; US 31; US 12
PROPERTY TAXES
| Parcel Number | 71-03-16-226-001.000-008 | Improvements Assessment | $75,595 CAD |
| Land Assessment | $59,709 CAD | Total Assessment | $135,305 CAD |
PROPERTY TAXES
Presented by
Global Realty Investments LLC
Professional Offices | 51024 Portage Rd
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