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211 and 215 N Dixie Way 211 N Dixie Way 4,080 - 10,268 SF of Retail Space Available in South Bend, IN 46637
Highlights
- Excellent Visibility on Dixie Way/IN-933
- Quality retail space with 2 showrooms
- 1/2 mile from IN-Toll Road and University of Notre Dame
- Space is divisible
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,080-10,268 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $143,752 /YR $11,979 /MO | Modified Gross |
1st Floor
Excellent retail/commercial opportunity doe lease with great visibility on heavily traveled N Dixie Way/IN-933 (20,500 cars daily). Two buildings together with an opening in between for a total of 10,268 SF. Landlord is willing to divide the space. Price for the entire building is $14/SF, for 211 N Dixie Way (6,188 SF) is $15/SF, and for 215 N Dixie Way (4,080 SF) is $16/SF. The property includes a large primary showroom with a quality reception area, an adjacent display room also of good size, a cubicle workspace area, a large private office, 4 restrooms (1 in the workspace area, 1 full bath in the basement), a small breakroom/kitchenette area, and a finished usable basement not included in the square footage. The property also features a large commercial door with a delivery area on one side in the back of the building and a standard automatic overhead door with another delivery area on the other side of the building in the back. Seller has recently put approx. $200,000 in improvements in the building including a new roof, 3 new HVAC units, and LED lighting. The property also has favorable proximity, only 1/2 mile from the University of Notre Dame, 2 miles from Downtown South Bend, 3 miles from the Indiana/Michigan State Line, 3.5 miles from the UP Mall (Simon Mall), 5 miles from IN-31, and 5 miles from the South Bend International Airport. Zoned Roseland B: Business.
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 211 and 215 N Dixie Way
- Tenant
- Description
- US Locations
- Reach
- Factory Tile Inc
- Floor Covering
- 1
- -
| Tenant | Description | US Locations | Reach |
| Factory Tile Inc | Floor Covering | 1 | - |
Property Facts
| Total Space Available | 10,268 SF | Property Subtype | Freestanding |
| Min. Divisible | 4,080 SF | Gross Leasable Area | 10,268 SF |
| Property Type | Retail | Year Built | 1960 |
| Total Space Available | 10,268 SF |
| Min. Divisible | 4,080 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,268 SF |
| Year Built | 1960 |
About the Property
Excellent retail/commercial opportunity doe lease with great visibility on heavily traveled N Dixie Way/IN-933 (20,500 cars daily). Two buildings together with an opening in between for a total of 10,268 SF. Landlord is willing to divide the space. Price for the entire building is $14/SF, for 211 N Dixie Way (6,188 SF) is $15/SF, and for 215 N Dixie Way (4,080 SF) is $16/SF. The property includes a large primary showroom with a quality reception area, an adjacent display room also of good size, a cubicle workspace area, a large private office, 4 restrooms (1 in the workspace area, 1 full bath in the basement), a small breakroom/kitchenette area, and a finished usable basement not included in the square footage. The property also features a large commercial door with a delivery area on one side in the back of the building and a standard automatic overhead door with another delivery area on the other side of the building in the back. Seller has recently put approx. $200,000 in improvements in the building including a new roof, 3 new HVAC units, and LED lighting. The property also has favorable proximity, only 1/2 mile from the University of Notre Dame, 2 miles from Downtown South Bend, 3 miles from the Indiana/Michigan State Line, 3.5 miles from the UP Mall (Simon Mall), 5 miles from IN-31, and 5 miles from the South Bend International Airport. Zoned Roseland B: Business.
- Pylon Sign
- Signage
Nearby Major Retailers
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211 and 215 N Dixie Way | 211 N Dixie Way
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