4227 S Michigan St | South Bend, IN 46614
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- LoopNet Team
4227 S Michigan St
South Bend, IN 46614
NNN Wendy's Drive-Thru · Retail Property For Sale
Investment Highlights
- 100% Triple Net Corporate Lease Guaranteed by Wendy's: #2 Ranked System-Wide Sales for Fast Food Hamburger Chain in America
- Adjacent to Erskine Commons, featuring Lowe’s Home Improvement and Walmart Supercenter, Chick-fil-A, Chipotle, Texas Roadhouse, and Buffalo Wild Wings
- Prominent, Oversized 2.24-Acre Parcel Located Near Primary Entrance to 16-screen AMC Theater
- Located within South Bend’s Dominant Southern Retail Corridor with Easy Access to the Lincoln Highway / Michigan Street Interchange – ± 57,000 VPD
- Neighboring Shopping Centers Feature Tenancy from Menards, ALDI, Target, Martin’s Super Markets, and Kroger
- Nine Consecutive Years of System-Wide Same-Store Sales Growth in USA with Impressive Portfolio Sales Growth: 10% Increase from 2018-2019
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,458 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.24 AC
Parking
50 Spaces (14.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 71-08-25-102-016.000-002 | Improvements Assessment | $210,100 |
| Land Assessment | $141,300 | Total Assessment | $351,400 |
PROPERTY TAXES
Parcel Number
71-08-25-102-016.000-002
Land Assessment
$141,300
Improvements Assessment
$210,100
Total Assessment
$351,400
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