Willow Lake Plaza

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Willow Lake Plaza

3802 Midway Road Goshen IN Elkhart County

Sales Price: UNPRICED

Contact Person(s): Daniel Kukes
Kevin Baker
Jason Greenspan
Max Lippitt

Description:

STRONG NATIONAL CREDIT TENANTS; LOW RENT PSF

  • 100% of the rent roll is leased to national tenants at low rental rates.
  • Tenants include some of the most category dominant users in retail (Ulta, Kohl’s, Five Below, Michaels, Bath & Body Works).
  • Kohl’s is already separately parceled, providing a new ownership group the flexibility of selling this asset as a STNL.

PROVEN LOCATION, STRONG SALES PERFORMANCE, RETAILER INTEREST

  • There are several national retailers interested in the center should space become available.
  • Kohl’s has demonstrated its commitment to the center by opening early negotiations regarding a lease extension.

REGIONAL LOCATION, CLOSE TO MAJOR UNIVERSITIES

  • University of Notre Dame (12,393 students) is located 23 miles west in South Bend, IN.
  • Over 30,000 students (approximate) within a 25 mile radius around the subject property. Several community colleges and larger universities surround the Goshen market.

Tenant Roster: Kohl's, Michaels, Ulta, Five Below, rue21, Bath & Body Works

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 3,484 21,949 70,835
Avg. HH Income: $63,937 $64,732 $62,472

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.