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Investment Highlights

  • Located four miles from the University serving as a destination spot for incoming and current residents
  • The former Sears box is situated at the southwest end of University Park Mall.
  • The vacant Sears box is located in a robust retail node, with over 3 million square feet of commercial retail space
  • Within the trade area there is an estimated population of 349,872 residents.
  • . The mall consists of 963,727 SF and is anchored by Macy's, JCPenney, and Barnes & Noble with 120 specialty shops.
  • Flexible Zoning Ordinance and REA 

Executive Summary

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire a 100% fee simple interest in the former Sears box at University Park Mall located in Mishawaka, Indiana. The Property is situated on ±16.32 acres of land with a ±212021-square foot, two-story, former Sears building connected to the southwest end of University Park Mall. Located four miles from the University of Notre Dame, the vacant Sears box presents a tremendous opportunity for future investors to acquire and re-tenant the existing building, or for the owner to reinvent the site to its highest and best use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
212,021 SF
Building Class
B
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
16.26 AC
Zoning
MX - Mixed Use
Frontage
1,816’ on Grape Road

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 10
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 16
  • 200-210 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 17
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 23
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 24
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 25
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 4
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 5
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 6
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 7
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 8
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

  • 9
  • 105 SF
  • Flex
  • -
  • Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

Space Size Space Use Position Available
10 105 SF Flex - Now
16 200-210 SF Flex - Now
17 105 SF Flex - Now
23 105 SF Flex - Now
24 105 SF Flex - Now
25 105 SF Flex - Now
4 105 SF Flex - Now
5 105 SF Flex - Now
6 105 SF Flex - Now
7 105 SF Flex - Now
8 105 SF Flex - Now
9 105 SF Flex - Now

10

Size
105 SF
Space Use
Flex
Position
-
Available
Now

16

Size
200-210 SF
Space Use
Flex
Position
-
Available
Now

17

Size
105 SF
Space Use
Flex
Position
-
Available
Now

23

Size
105 SF
Space Use
Flex
Position
-
Available
Now

24

Size
105 SF
Space Use
Flex
Position
-
Available
Now

25

Size
105 SF
Space Use
Flex
Position
-
Available
Now

4

Size
105 SF
Space Use
Flex
Position
-
Available
Now

5

Size
105 SF
Space Use
Flex
Position
-
Available
Now

6

Size
105 SF
Space Use
Flex
Position
-
Available
Now

7

Size
105 SF
Space Use
Flex
Position
-
Available
Now

8

Size
105 SF
Space Use
Flex
Position
-
Available
Now

9

Size
105 SF
Space Use
Flex
Position
-
Available
Now

10

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

16

Size 200-210 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

17

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

23

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

24

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

25

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

4

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

5

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

6

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

7

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

8

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

9

Size 105 SF
Space Use Flex
Position -
Available Now

Turnkey studios, ideal for health and wellness professionals seeking a private, professional space to see clients. For those who need a larger footprint, adjoining studios offer flexible expansion options – available at move-in or as your business grows.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100

Nearby Major Retailers

Gloria Jean's Coffee
Five Guys
Wings Etc.
LongHorn Steakhouse
Olive Garden
Steak ‘n Shake
KeyBank
1st Source Bank
Northwest Bank
Fresh Thyme Farmers Market

Property Taxes

Property Taxes

Parcel Number
71-04-28-154-002.000-005
Land Assessment
$4,848,362 CAD
Improvements Assessment
$1,442,442 CAD
Total Assessment
$6,290,804 CAD
  • Listing ID: 34357106

  • Date on Market: 2025-01-03

  • Last Updated:

  • Address: 6501 Grape Rd, Mishawaka, IN 46545

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