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2425 Cassopolis St
Elkhart, IN 46514 North Elkhart

$2,148,000 USD

Service Station For Sale  •  6,774 SF

Property Details

  • Property Type Service Station
  • Total Building Size 2,500 SF
  • Lot Size 1.04 AC
  • Building Class C
  • Year Built 2025
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning B-3
0 Transit Score
53 Walk Score

Highlights

Listed for $2,148,000 yielding a cap rate of 6.75%.
Long-term Lease of ±20 Years demonstrates commitment to the site.
100% Bonus Depreciation – quick lube properties may qualify for special tax benefits in 2025. **Contact your CPA for more information.
Adjacent to Meijer Shopping Center
New Development – built in 2025.
Absolute NNN Lease has zero landlord responsibilities.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Valvoline Instant Oil Change 4/17/2040

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.1 mi
AirportDriveWalkDistance
South Bend International 41 min - 26.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services