2401 Lincoln WaySouth Bend, IN 46628

This 10,772 square foot vacant storefront building presents a compelling investment opportunity in South Bend, Indiana. Located at 2401 Lincoln Way W, this single-building property sits on a 1.16-acre lot and boasts a drive-thru. Built in 1996, the all-block construction features a prime, signalized corner location with excellent ingress and egress. The property benefits from high traffic counts exceeding 14,900 vehicles per day on Lincoln Way. Currently vacant, the existing net lease agreement with the previous tenant (Family Dollar) has approximately 1.6 years remaining, expiring June 30, 2026. This provides a buyer with the opportunity to collect remaining rent while actively pursuing a new tenant. The asking price is $1,200,000, representing a price per square foot of $111.40 and a 10% cap rate based on a net operating income (NOI) of $120,000. The property's proximity to the University of Notre Dame (3 miles away) and a population exceeding 140,000 within a five-mile radius further enhances its investment potential. This is a rare chance to acquire a well-located retail property with significant upside. The property's strong location and remaining lease term offer a unique blend of immediate income and long-term growth potential.