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4110-4150 Grape Rd
Mishawaka, IN 46545
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Premier Retail Corridor
- Directly Across From the Only Whole Foods in Northern Indiana
- 29,170 SF Retail Center With Strong Tenant Mix
- Located Within One of Northern Indiana’s Densest Retail Clusters
- Proximity to Major Institutional and Regional Demand Drivers
- High Traffic Counts & Exceptional Visibility
EXECUTIVE SUMMARY
Northmarq is pleased to exclusively offer for sale Grape & Day Plaza, an approximately 29,170 SF retail center positioned at the main-and-main intersection of Grape Road and
Day Road in the heart of Mishawaka’s highly developed and thriving commercial corridor. The center is anchored by a durable mix of medical, fitness, educational, and entertainment tenants—including CSL Plasma, Anytime Fitness, Ross Education Center, and Double A Birdies (Netpar)—with a ±3,500 SF vacancy offering meaningful value-add upside.
Grape & Day Plaza sits within one of Northern Indiana’s most dynamic regional retail destinations, surrounded by a comprehensive mix of national retailers, restaurant chains,
and major economic drivers. The immediate area features an 820,000 SF regional indoor mall, several big box retailers, a 700,000 SF Class A office park, and a $355 million, 656,000 SF state-of-the-art hospital opened in 2009. The property enjoys exceptional visibility and access at a signalized intersection, just two miles east of the University of
Notre Dame, and directly across from the only Whole Foods in Northern Indiana, as well as Kohl’s, Gordmans, Shoe Carnival, Old Navy, Dick’s Sporting Goods, PetSmart, and other major retailers.
With its irreplaceable location, strong surrounding tenant synergy, and long-term stability inherent to the University Park corridor, Grape & Day Plaza represents an outstanding
investment opportunity benefiting from high traffic counts, institutional-grade surrounding development, and limited competition for future retail development.
Day Road in the heart of Mishawaka’s highly developed and thriving commercial corridor. The center is anchored by a durable mix of medical, fitness, educational, and entertainment tenants—including CSL Plasma, Anytime Fitness, Ross Education Center, and Double A Birdies (Netpar)—with a ±3,500 SF vacancy offering meaningful value-add upside.
Grape & Day Plaza sits within one of Northern Indiana’s most dynamic regional retail destinations, surrounded by a comprehensive mix of national retailers, restaurant chains,
and major economic drivers. The immediate area features an 820,000 SF regional indoor mall, several big box retailers, a 700,000 SF Class A office park, and a $355 million, 656,000 SF state-of-the-art hospital opened in 2009. The property enjoys exceptional visibility and access at a signalized intersection, just two miles east of the University of
Notre Dame, and directly across from the only Whole Foods in Northern Indiana, as well as Kohl’s, Gordmans, Shoe Carnival, Old Navy, Dick’s Sporting Goods, PetSmart, and other major retailers.
With its irreplaceable location, strong surrounding tenant synergy, and long-term stability inherent to the University Park corridor, Grape & Day Plaza represents an outstanding
investment opportunity benefiting from high traffic counts, institutional-grade surrounding development, and limited competition for future retail development.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
30,522 SF
Building Class
B
Year Built
1994
Price
$4,775,000
Price Per SF
$156.44
Cap Rate
6.75%
NOI
$322,313
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.27
Lot Size
2.55 AC
Zoning
C-2 - Commercial
Parking
60 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
213’ on Grape Rd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 71-04-33-451-001.000-005 | Improvements Assessment | $637,900 |
| Land Assessment | $263,300 | Total Assessment | $901,200 |
PROPERTY TAXES
Parcel Number
71-04-33-451-001.000-005
Land Assessment
$263,300
Improvements Assessment
$637,900
Total Assessment
$901,200
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