For Sale
$1,800,000

1021 Kercher Rd Goshen, IN 46526

Prime Location, High ROI Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 12,000 square foot shopping center in Goshen, Indiana, presents a compelling investment opportunity. Built in 2021, the single-story building sits on a 1.61-acre lot (APN 20-11-22-451-008.000-015) and is zoned Goshen9. Currently, 48% occupied (6,200 net rentable square feet) by two tenants under 10-year leases commencing April 20, 2023, and expiring April 20, 2033, the property offers significant upside. The existing tenants, Big C's BBQ and The Coffee Depot, contribute to a strong, established base. An additional 6,200 square feet of versatile space is available for lease, ideal for retail or office use, and easily adaptable to accommodate 2-3 additional tenants. The property benefits from its strategic location near an industrial park, established residential areas, and a planned 1,200-home subdivision, promising substantial future growth. The asking price is $1,800,000 ($150/sq ft). This high-quality, low-maintenance property offers a strong return on investment and long-term lease security. The property's prime location and development potential make it an attractive addition to any portfolio.

Highlights

  • $1,800,000 asking price for a 12,000 square foot retail shopping center.
  • Located at 1021 E Kercher Rd, Goshen, IN 46526, on a 1.61-acre lot.
  • Features two tenants with 10-year leases commencing April 20, 2023, leaving 9 years remaining.
  • 6,200 square feet of net rentable space available, priced at $150 per square foot.
  • Currently 48% occupied, with potential for additional tenants in the remaining space.

Property Details for 1021 Kercher Rd

Property type
Lifestyle centers, Power centers
Square Feet
12,000 SF
Year Built
2021
Buildings
1
Stories
1
Lot Size (sq. ft)
70,132 SF

Location Insight

City
Goshen
County
Elkhart
State
Indiana
Latitude
41.5521364
Longitude
-85.8141027

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FAQs

What type of property is this?
Lifestyle center - Prime Location, High ROI Potential
Where is the lifestyle center located?
The property is located at 1021 Kercher Rd Goshen, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: $1,800,000 asking price for a 12,000 square foot retail shopping center.; Located at 1021 E Kercher Rd, Goshen, IN 46526, on a 1.61-acre lot.; Features two tenants with 10-year leases commencing April 20, 2023, leaving 9 years remaining.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Property Records

Contacts

Steve Miller
Steve Miller
Visit Broker Website

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Useful Information

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Kercher Rd
Goshen, IN 46526

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Kercher Rd
Goshen, IN 46526

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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1021 Kercher Rd
  • Steve Miller
    Steve Miller
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