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3930 Edison Lakes Parkway - LoopNet · a minute drive from the Saint Joseph Regional Medical Center...

Date post: 24-Sep-2020
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Snapshot Building: 43,000 SF Land: 5.31 Acres Year Built: 1988 (Fully Renovated 2012 For Single Tenant User) Parking: 166 On-Site Spaces Sprinkled: 100% Wet Sprinkled Ulies: Municipal Power: 120/208 Volt/3-Phase CAP Rate: 8.52% List Price: $6,100,000 Property Details Great exposure with excellent views of the Edison Lakes Corporate Office Park, pond views and well-maintained landscaping and water features. This 43,000 SF, three-story, Class A office building, has a lobby/reception area on each floor, private restrooms and above-grade finishes. Single Tenant NNN lease to Bayer Healthcare (Global division of Bayer AG) until 2021. Bayer is a life science company with a more than 150-year history in health care and agriculture. Bayer Healthcare discovers, develops, manufactures, and markets products that help to prevent, diagnose, and treat diseases for humans and animals worldwide. The company operates through four divisions: Animal Health, Consumer Care, Medical Care, and Pharmaceuticals. 3930 Edison Lakes Parkway Mishawaka, Indiana Investment Sale Informaon furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representaon is made as to the accuracy thereof and same is submied subject to errors, omissions, change of price, rental or other condions, prior sale, leased, financing or withdrawal without noce. No liability of any kind is to be imposed on the broker herein. 4100 Edison Lakes Parkway, Suite 350 Mishawaka, Indiana 574.271.4060 574.271.4292 Fax www.cressy.com A Global Division of Cressy Commercial Real Estate GEORGE CRESSY, CCIM Chief Execuve Officer 574.485.1515 [email protected] Class A Office Building | Lease In Place Unl 2021
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Page 1: 3930 Edison Lakes Parkway - LoopNet · a minute drive from the Saint Joseph Regional Medical Center campus. It is also adjacent to a city park with jogging trails. The UPTA is one

Snapshot

Building: 43,000 SF

Land: 5.31 Acres

Year Built: 1988 (Fully Renovated 2012 For Single Tenant User)

Parking: 166 On-Site Spaces

Sprinkled: 100% Wet Sprinkled

Utilities: Municipal

Power: 120/208 Volt/3-Phase

CAP Rate: 8.52%

List Price: $6,100,000

Property DetailsGreat exposure with excellent views of the Edison Lakes Corporate Office Park, pond

views and well-maintained landscaping and water features. This 43,000 SF, three-story,

Class A office building, has a lobby/reception area on each floor, private restrooms

and above-grade finishes.

Single Tenant NNN lease to Bayer Healthcare (Global division of Bayer AG) until 2021.

Bayer is a life science company with a more than 150-year history in health care

and agriculture. Bayer Healthcare discovers, develops, manufactures, and markets

products that help to prevent, diagnose, and treat diseases for humans and animals

worldwide. The company operates through four divisions: Animal Health, Consumer

Care,MedicalCare,andPharmaceuticals.

3930 Edison Lakes ParkwayMishawaka, Indiana

Investment Sa le

Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

4100 Edison Lakes Parkway, Suite 350Mishawaka,Indiana574.271.4060574.271.4292 Faxwww.cressy.com

A Global Division of Cressy Commercial Real Estate

GEORGE CRESSY, CCIMChief Executive [email protected]

Class A Office Building | Lease In Place Until 2021

Page 2: 3930 Edison Lakes Parkway - LoopNet · a minute drive from the Saint Joseph Regional Medical Center campus. It is also adjacent to a city park with jogging trails. The UPTA is one

LocationThe property is located in the heart of the Edison Lakes Corporate Park and the University Park Trade Area (UPTA), just five minutes from the I-80/90 Indiana Toll Road entrance. The property is on the northern end of Mishawaka and is less than a minute drive from the Saint Joseph Regional Medical Center campus. It is also adjacent to a city park with jogging trails. The UPTA is one of the most dominant retail markets in the state and contains over 6.5 million square feet of retail, office and hotels.

3930 Edison Lakes ParkwayMishawaka, Indiana

Investment Sa le

Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

4100 Edison Lakes Parkway, Suite 350Mishawaka,Indiana574.271.4060574.271.4292 Faxwww.cressy.com

A Global Division of Cressy Commercial Real Estate

GEORGE CRESSY, CCIMChief Executive [email protected]

Good Location & Convenient Access To Surrounding Communities

Page 3: 3930 Edison Lakes Parkway - LoopNet · a minute drive from the Saint Joseph Regional Medical Center campus. It is also adjacent to a city park with jogging trails. The UPTA is one

3930 Edison Lakes ParkwayMishawaka, Indiana

Investment Sa le

Information furnished regarding property for sale, rental or financing is from sources deemed reliable. But no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, leased, financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

4100 Edison Lakes Parkway, Suite 350Mishawaka,Indiana574.271.4060574.271.4292 Faxwww.cressy.com

A Global Division of Cressy Commercial Real Estate

GEORGE CRESSY, CCIMChief Executive [email protected]

Beautiful Campus-Like Setting | Upscale Demographic Profile

2017 DEMOGRAPHICS 3 MILE RADIUS 5 MILE RADIUS 10 MILE RADIUS

POPULATION 62,997 158,792 298,813

NUMBER OF HOUSEHOLDS 27,233 62,204 115,179

AVERAGE HOUSEHOLD INCOME $57,230 $66,741 $64,550

MEDIAN AGE 36.5 35.9 37.4


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