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3030 W LCOLNWAY W HWY
SOUTH BEND, IN 46628
Asking Price
$990K
Cap Rate
6%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Near the University of Notre Dame <p><strong style="color: rgba(6, 34, 57, 1)"><u>Lease & Location Highlights</u></strong></p><p><span style="color: rgba(6, 34, 57, 1)">● Tenant recently executed a lease extension through June 2035, with three additional five-year renewal options, extending potential occupancy through 2050 and demonstrating long-term operational commitment.</span></p><p><span style="color: rgba(6, 34, 57, 1)">● Close proximity to the University of Notre Dame and South Bend International Airport.</span></p><p><sp
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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242
