Investment Overview
Presenting a prime investment opportunity, the property at 1301 East Douglas Road offers a commanding presence in the Mishawaka/South Bend area. Boasting a substantial 88,854 SF Class A building within the esteemed Edison Lakes Corporate Office Park, this property is ideally positioned for success. Its strategic location, adjacent to St Joseph Hospital & Veterans Administration Hospital and within 10 minutes of the renowned Notre Dame campus, presents unparalleled convenience and prestige. With value-add potential, income generation opportunities through the current tenants and a sale leaseback option from the seller, this property represents a compelling prospect for office building investors and users. Don't miss the chance to acquire this exceptional asset with significant potential for NOI growth.
Investment Highlights
- New 10-year lease in place
- Approximately 60% leased
- Class A building situated within the Edison Lakes Corporate Office Park
- Located within 10 minutes of Notre Dame Campus
- Adjacent to St Joseph Hospital & Veterans Administration Hospital
- Close proximity to dining, hospitality and retail amenities, as well as interstate access
- Within a 10 mile radius to several local markets including South Bend, Granger, Elkhart and SW Michigan
- Sale Price: $9,000,000 ( $101.28/SF)