3602 Grape RdMishawaka, IN 46545
- Grocery and convenience stores
- 3,176 SF
Property Details for 3602 Grape Rd
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 3,176 SF
- Property type
- Grocery and convenience stores
- APN
- 71-09-04-203-004.000-022
- APU
- 710904203004000022
Description
This exceptional retail property, located at 3602 Grape Rd in Mishawaka, Indiana, presents a significant leasing opportunity. The Outpost Center, built in 1987, offers a total of 24,190 square feet on a 0.07-acre lot within St. Joseph County. Currently, 18,000 square feet is available for lease, presenting a blank canvas for a single tenant to establish a prominent presence. The property's single-tenant configuration provides an ideal space for businesses seeking a dedicated and expansive location. Its strategic location in Mishawaka, with easy access via Grape Road, ensures high visibility and convenient access for customers. The property's 1987 construction offers a solid foundation for a variety of retail uses, allowing for customization to meet specific business needs. This is a rare opportunity to secure a substantial retail space in a desirable location, offering significant potential for growth and success. The property's size and location make it an attractive option for businesses seeking a strong foothold in the Mishawaka market. Interested parties are encouraged to inquire for further details and leasing information. The zip code is 46545.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $821,834
- 6.5%
- $758,616
- 7%
- $704,429
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,042,458
- Geo Method
- $1,042,458
-
Alternative Use
- Use
- Valuation
- Residential
- $639,921
- Hospitality
- $586,164
- Educational
- $487,682
- Medical
- $504,454
- Retail
- $758,616
Location Insight
- City
- Mishawaka
- County
- St. Joseph
- State
- Indiana
- Latitude
- 41.6931
- Longitude
- -86.1867
- CBSA code
- 43780
- CBSA name
- SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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