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2801 Lincolnway E
Mishawaka, IN 46544

$2,096,633 USD

Fast Food For Sale  •  3,836 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,780 SF
  • Lot Size 1.5 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 6.00 %
  • Tenancy Single
30 Transit Score
30 Walk Score

Highlights

New 15-Year NNN Lease with Zero Landlord Responsibilities
Four (4) Five-Year Renewal Options, Up to 35 Years of Total Occupancy
Scheduled 10% Rent Increases Every Five Years
Guaranteed by Crown Hospitality Partners, Inc. (36-Unit Burger King Franchisee)
±1.50-Acre Site Remodeled in 2019 w/ Drive-Thru
Lincolnway East/SR 933 (±19,504 VPD) and Capital Avenue (±24,443 VPD)

Property Flyers

Cap Rate: 6.00 %

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Elkhart Amtrak Station (Floridian - Amtrak, Lake Shore Limited - Amtrak) 14 min - 8.8 mi
South Bend Amtrak Station (Floridian - Amtrak, Lake Shore Limited - Amtrak) 15 min - 8.9 mi
AirportDriveWalkDistance
South Bend International 28 min - 13.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Tyler Bindi 408-510-9057 Marcus & Millichap
Tyler Bindi 408-510-9057 Marcus & Millichap