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Wendy's 320 Dixie Way 2,927 SF of Retail Space Available in South Bend, IN 46637

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HIGHLIGHTS

  • ± 2,927 SF Freestanding Restaurant with Drive-Thru
  • ± 200' of frontage along busy Dixie Way / SR 933 - Ideal for Quick-Service, Fast-Casual restaurant, or Medical/Urgent Care uses.
  • Strong Demographics: 166K+ Residents within 5 Miles
  • Renovated in 2019 – Modern Building on ±1.14 Acres
  • Prime Location: Minutes from University of Notre Dame (˜12,000 Students), Holy Cross College (˜547 Students), Saint Mary's College (˜2,775 Students)
  • Surrounded by National Hotels & Retail – Hilton Garden Inn, Holiday Inn Express, QSR Neighbors

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 2,927 SF
  • Negotiable
  • $24.50 /SF/YR $2.04 /SF/MO $71,712 /YR $5,976 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Freestanding building with modern 2019 renovation with Drive-thru capability for high-speed service.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Fast Food Restaurant
  • Space is an outparcel at this property
  • Drive-thru
Space Size Term Rental Rate Rent Type
1st Floor 2,927 SF Negotiable $24.50 /SF/YR $2.04 /SF/MO $71,712 /YR $5,976 /MO Triple Net (NNN)

1st Floor

Size
2,927 SF
Term
Negotiable
Rental Rate
$24.50 /SF/YR $2.04 /SF/MO $71,712 /YR $5,976 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Freestanding building with modern 2019 renovation with Drive-thru capability for high-speed service.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Fast Food Restaurant
  • Space is an outparcel at this property
  • Drive-thru

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.

PROPERTY FACTS

Total Space Available 2,927 SF
Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 2,927 SF
Year Built/Renovated 1988/2019

ABOUT THE PROPERTY

Positioned along the high-visibility corridor of Dixie Way/SR 933, this modern freestanding building offers exceptional branding potential in one of South Bend’s most dynamic trade areas. Renovated in 2019, the property features contemporary finishes and a functional layout designed for quick-service or fast-casual dining concepts, as well as medical or urgent care operators seeking a prime location. With ±200 feet of frontage and a traffic count exceeding 24,000 vehicles per day, the site ensures strong exposure and convenient access for both local residents and visitors. The property sits on ±1.14 acres and provides ample parking with 45 spaces, supporting high-volume operations. Its strategic location places it minutes from the University of Notre Dame, Holy Cross College, and Saint Mary’s College, collectively serving over 15,000 students. Surrounding national retailers and hospitality brands, including Hilton Garden Inn and Holiday Inn Express, create a robust customer base and synergistic environment. Strong demographics—over 165,000 residents within a five-mile radius and average household incomes exceeding $80,000—further enhance the site’s appeal for operators seeking a thriving market.

  • Pylon Sign
  • Signage
  • Drive Thru
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bob Evans Restaurant
Perkins
BIGGBY Coffee
Starbucks
Steak ‘n Shake
1st Source Bank
Ponderosa Steakhouse
  • Listing ID: 38226497

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: 320 Dixie Way, South Bend, IN 46637

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