2911 Cassopolis St
Elkhart, IN 46514
Starbucks: Elkhart, IN · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a new construction 2,272-square-foot freestanding Starbucks situated on 0.74 acres in Elkhart, Indiana (Elkhart-Goshen MSA Population: 207,694). Elkhart benefits from a strong economic climate due to its central location, which is just 15 miles east of South Bend, 110 miles east of Chicago, and 150 miles north of Indianapolis. Starbucks’ brand new 10-year lease contains minimal landlord responsibilities and includes 10% rent escalations every 5-years during the initial term as well as in each of the four 5-year renewal options. The site is strategically located with excellent access and visibility on the hard corner of the signalized intersection of Cassopolis Street (Traffic Count: 21,747) and Windsor Ave, and just 0.2 miles south of I-90 (Traffic Count: 27,230 VPD) which provides access to South Bend. Starbucks is situated immediately adjacent to Callahan’s, across Windsor Ave from Super 8 (58 Rooms), and across Cassopolis Street from Menards. The property benefits from its location in the area’s primary retail and commercial corridor with 3.9 MSF of retail, 1.6, MSF of office, 14.4 MSF of industrial, and 4,736 multifamily units within a 3-mile radius. Other retailers with a presence in the immediate vicinity include Walmart Supercenter, Lowe’s Home Improvement, PetSmart, ALDI, McDonald’s, Ross Dress for Less, Shoe Carnival, Hibbett Sports, Pay Less Shoe Source, CATO Fashions, Dollar Tree, PNC Bank, Red Lobster, Olive Garden, Buffalo Wild Wings, Texas Roadhouse, Arby’s, Taco Bell, Jimmy Johns, Burger King, Culver’s, Dunkin Donuts, and Panda Express among many others. The property boasts dynamic demographics with a population of 32,950 and an average household income of $56,830 within a 3-mile radius.