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4110-4150 Grape Rd
Mishawaka, IN 46545
Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Premier Retail Corridor
- Directly Across From the Only Whole Foods in Northern Indiana
- 29,170 SF Retail Center With Strong Tenant Mix
- Located Within One of Northern Indiana’s Densest Retail Clusters
- Proximity to Major Institutional and Regional Demand Drivers
- High Traffic Counts & Exceptional Visibility
RÉSUMÉ DE L'ANNONCE
Northmarq is pleased to exclusively offer for sale Grape & Day Plaza, an approximately 29,170 SF retail center positioned at the main-and-main intersection of Grape Road and
Day Road in the heart of Mishawaka’s highly developed and thriving commercial corridor. The center is anchored by a durable mix of medical, fitness, educational, and entertainment tenants—including CSL Plasma, Anytime Fitness, Ross Education Center, and Double A Birdies (Netpar)—with a ±3,500 SF vacancy offering meaningful value-add upside.
Grape & Day Plaza sits within one of Northern Indiana’s most dynamic regional retail destinations, surrounded by a comprehensive mix of national retailers, restaurant chains,
and major economic drivers. The immediate area features an 820,000 SF regional indoor mall, several big box retailers, a 700,000 SF Class A office park, and a $355 million, 656,000 SF state-of-the-art hospital opened in 2009. The property enjoys exceptional visibility and access at a signalized intersection, just two miles east of the University of
Notre Dame, and directly across from the only Whole Foods in Northern Indiana, as well as Kohl’s, Gordmans, Shoe Carnival, Old Navy, Dick’s Sporting Goods, PetSmart, and other major retailers.
With its irreplaceable location, strong surrounding tenant synergy, and long-term stability inherent to the University Park corridor, Grape & Day Plaza represents an outstanding
investment opportunity benefiting from high traffic counts, institutional-grade surrounding development, and limited competition for future retail development.
Day Road in the heart of Mishawaka’s highly developed and thriving commercial corridor. The center is anchored by a durable mix of medical, fitness, educational, and entertainment tenants—including CSL Plasma, Anytime Fitness, Ross Education Center, and Double A Birdies (Netpar)—with a ±3,500 SF vacancy offering meaningful value-add upside.
Grape & Day Plaza sits within one of Northern Indiana’s most dynamic regional retail destinations, surrounded by a comprehensive mix of national retailers, restaurant chains,
and major economic drivers. The immediate area features an 820,000 SF regional indoor mall, several big box retailers, a 700,000 SF Class A office park, and a $355 million, 656,000 SF state-of-the-art hospital opened in 2009. The property enjoys exceptional visibility and access at a signalized intersection, just two miles east of the University of
Notre Dame, and directly across from the only Whole Foods in Northern Indiana, as well as Kohl’s, Gordmans, Shoe Carnival, Old Navy, Dick’s Sporting Goods, PetSmart, and other major retailers.
With its irreplaceable location, strong surrounding tenant synergy, and long-term stability inherent to the University Park corridor, Grape & Day Plaza represents an outstanding
investment opportunity benefiting from high traffic counts, institutional-grade surrounding development, and limited competition for future retail development.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
30 522 pi²
Classe d’immeuble
B
Année de construction
1994
Prix
6 637 202 $ CAD
Prix par pi²
217,46 $ CAD
Taux de capitalisation
6,75%
Revenu net d’exploitation
448 011 $ CAD
Pourcentage loué
89%
Location
Multiples
Hauteur du bâtiment
1 étage
Dalle à dalle
9’
Coefficient d’occupation des sols de l’immeuble
0,27
Taille du lot
2,55 AC
Zonage
C-2 - Commerciale
Stationnement
60 places (1,97 places par 1 000 pi² loué)
Façade
213’ sur Grape Rd
COMMODITÉS
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéro de lot | 71-04-33-451-001.000-005 | Évaluation des bâtiments | 886 675 $ CAD |
| Évaluation du terrain | 365 984 $ CAD | Évaluation totale | 1 252 659 $ CAD |
Impôts fonciers
Numéro de lot
71-04-33-451-001.000-005
Évaluation du terrain
365 984 $ CAD
Évaluation des bâtiments
886 675 $ CAD
Évaluation totale
1 252 659 $ CAD
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