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1526 Deer Run Dr
Mishawaka, IN 46545

Price Upon Request

Amusement Park For Sale  •  50,736 SF

Property Details

  • Property Type Amusement Park
  • Total Building Size 50,736 SF
  • Lot Size 4.05 AC
  • Building Class B
  • Year Built 2006
  • Tenancy Single
  • Zoning S2
0 Transit Score
7 Walk Score

Highlights

Fantastic Triple-Net Investment Opportunity
Smiley's Space-Themed Adventure Park with over 7.5 years remaining on the lease
8.46% CAP Rate with a rental bump in May, 2026 taking the CAP Rate to 9.00%
Well-maintained and in great condition
Excellent Location and Proximity
2, 5-year renewal options

Financial Summary (Actual)

Net Operating Income: $202,944 USD (2024)

Major Tenants

Tenant SF Occupied Lease End Date
Ice Athletic Center

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
17 min - 7.7 mi
South Bend Airport Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 23 min - 9.4 mi
AirportDriveWalkDistance
South Bend International 32 min - 11.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 179
Type: Surface
Included in Rent: Yes