Please Wait ...

GOSHEN VILLAGE SHOPPES

SHADOW ANCHORED NEIGHBORHOOD RETAIL CENTER

Property Tours:   Tours are being scheduled for Friday, April 19th and Monday, April 22nd.   Contact the Marcus & Millichap team to schedule your tour today.

 

INVESTMENT HIGHLIGHTS

-Multi-tenant strip center shadow-anchored by a major grocer

-Upside potential with 4 vacancies

-Located on the East side of an expanding commercial corridor in US-33

THE OFFERING

This is a multi-tenant strip center located on the East side of US-33 (Elkhart Rd). US-33 is a commercial corridor with plans for expansion in place. The center is densely located, being shadow-anchored by a Meijer, and other nearby users including Wal Mart, Target, Lowes, Kohls, Staples, and more. The strip center has a mix of regional and national tenants, as well as 4 vacancies (24.7% RBA), which brings a significant value-add opportunity. The center is a 3-4 star retail asset and was built in 2004, 2005, and 2006.

Login required to access due diligence materials.

We are pleased to offer Seller Approved Financing Options

Benefits include:

• Significant experience across the entire capital stack

• Unparalleled capital markets knowledge

• Development of creative financing strategies

• Long established relationships with insurance companies, investment banks, foreign and domestic banks, agencies and pension funds

• Provide clients with the most competitive terms and most reliable executions

• Call the Debt Placement Broker as soon as possible to learn about other benefits - Frank Montalto - 312-327-5421 - Frank.Montalto@marcusmillichap.com

How do you receive these benefits?

1. Contact the Debt Placement Broker (now)

2. Complete Finance Pre-Screening (before auction)

3. Complete Debt Placement Agreement (before auction)

4. Complete Bid Registration Process (before auction)

5. Win Auction

6. Fulfill lender checklist

7. Close Loan

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Goshen Village Shoppes

4568, 4542, 4536, 4580 Elkhart Rd, Elkhart, IN 46517

Sold

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 6.59 Acres
  • Year Built
  • 2004
  • Number of Floors
  • 1
  • Number of Buildings
  • 4
  • Parking Count
  • 285
  • Occupancy
  • 75.25%
  • Occupancy as of
  • Jan 01, 2019
  • Retail Type
  • Neighborhood Center
  • Anchor
  • Shadowed
  • Anchor Tenant(s)
  • Meijer
  • Property Size
  • 37,135 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Dennis Jackson

      c/o Fisher Auction Company Inc.

      License: #AU01014422