southlake center - astro applications · global brokerage division of cressy commercial real estate...

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SnapshotBuilding: 13,500 SFFor Lease: 2,000 SF (Suite 106)Land: 4.04 AcresYear Built: 1990Parking: 38 On-Site Shared SpacesZoning: Industrial (new zoning code/ordinance as of 1/2020)Docks: 5OH Doors: 6Clearance: 18’ (Maximum)Utilities: MunicipalLighting: Fluorescent(Office);T5& Metal Halide (Warehouse)Power: 125 Amp/Single Phase (In Each Suite)HVAC: 100%A/C(Office);GasHanger Heaters (Warehouse)Lease Rate: $5.25 PSF NNN + $1.95 PSF CAM*

List Price: Building: $675,000 2 acres of land: $73,000 (Listed Separately)CAP Rate: 9.1% (Proforma)

*Tenant pays gas, electric and janitorial plus $1.95 PSF CAM fee.

Property DetailsSouthlakeCenterisa13,500SFmulti-tenantflexbuildingthathasbeenwellmanagedand

maintained.LastsuiteavailableforleaseisSuite106(2,000SF).Eachsuitehasagradelevel

door, a dock door, flexible office spaces, alongwith gas firedhanging heatersmunicipal

utilitiesand125Amp/Single-Phasepower.Twoacresof land(accesseasements)arealso

available.Please submit non-disclosure agreement for additional details.

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

Global Brokerage Division of Cressy Commercial Real Estate

NOAH DAVEY, CCIMSenior Broker, [email protected]

CHRISTIAN DAVEY, CCIM/SIORSenior Broker, [email protected]

Southlake Center4325 Mayflower RoadSouth Bend, Indiana 46628

Flex Space For Lease, Investment Opportunity

Well Managed And Maintained Flex Building








Property Photos

LocationLocated on the northwest side of South Bend in Crossroads Industrial Park with great proximity to the US 20/31 Bypass, the I-80/90 IndianaTollRoadintheBlackthornDevelopmentAreathatincludesoffice,commercialbusinessesandservices,warehouseanddistributionfacilitiesandtheBlackthornGolfCourse.








Excellent Location Less Than One Mile From US 20/31 ByPass








Floor Plan and Aerial

NAICressy,theglobalbrokeragedivisionofCressyCommercialRealEstate,(“Agent”)hasbeenengagedastheexclusiveagentforthesaleof4325MayflowerRoadinSouthBend,Indiana(the“Property”),bytheowneroftheProperty(“Seller”).

ThePropertyisbeingofferedforsaleinan“as-is,where-is”conditionandSellerandAgentmakenorepresentationsorwarrantiesastotheaccuracyoftheinformationcontainedinthisOfferingMemorandum.Theenclosedmaterialsincludehighlyconfidentialinformationandarebeingfurnishedsolelyforthepur-poseofreviewbyprospectivepurchasersoftheinterestdescribedherein.NeithertheenclosedmaterialsnoranyinformationcontainedhereinistobeusedforanyotherpurposeormadeavailabletoanyotherpersonwithouttheexpresswrittenconsentoftheSeller.Eachrecipient,asaprerequisitetoreceivingtheenclosed,shouldberegisteredwithCressyCommercialRealEstateasa“RegisteredPotentialInvestor”oras“Buyer’sAgent”foranidentified“RegisteredPotentialInvestor.”TheuseofthisOfferingMemorandumandtheinformationprovidedhereinissubjecttotheterms,provisionsandlimitationsoftheconfi-dentialityagreementfurnishedbyAgentpriortodeliveryofthisOfferingMemorandum.

Theenclosedmaterialsarebeingprovidedsolelytofacilitatetheprospectiveinvestor’sownduediligenceforwhichitshallbefullyandsolelyresponsible.Thematerialcontainedhereinisbasedoninformationandsourcesdeemedtobereliable,butnorepresentationorwarranty,expressorimplied,isbeingmadebyAgentorSelleroranyoftheirrespectiverepresentatives,affiliates,officers,employees,shareholders,partnersanddirectors,astotheaccuracyorcomplete-nessoftheinformationcontainedherein.Summariescontainedhereinofanylegalorotherdocumentsarenotintendedtobecomprehensivestatementsofthetermsofsuchdocuments,butratheronlyoutlinesofsomeoftheprincipalprovisionscontainedtherein.NeithertheAgentortheSellershallhaveanyli-abilitywhatsoeverfortheaccuracyorcompletenessoftheinformationcontainedhereinoranyotherwrittenororalcommunicationorinformationtransmittedormadeavailableoranyactiontakenordecisionmadebytherecipientwithrespecttotheProperty.Interestedpartiesaretomaketheirowninvestigations,projectionsandconclusionswithoutrelianceuponthematerialcontainedherein.

SellerandAgenteachexpresslyreservestheright,atitssoleandabsolutediscretion,towithdrawthePropertyfrombeingmarketedforsaleatanytimeandforanyreason.SellerandAgenteachexpresslyreservestheright,attheirsoleandabsolutediscretion,torejectanyandallexpressionsofinterestoroffersregardingthePropertyand/ortoterminatediscussionswithanyentityatanytime,withorwithoutnotice.Thisofferingismadesubjecttoomissions,correc-tionoferrors,changeofpriceorotherterms,priorsaleorwithdrawalfromthemarketwithoutnotice.AgentisnotauthorizedtomakeanyrepresentationsoragreementsonbehalfofSeller.

Sellershallhavenolegalcommitmentorobligationtoanyinterestedpartyreviewingtheenclosedmaterials,performingadditionalinvestigationand/ormak-inganoffertopurchasethePropertyunlessanduntilabindingwrittenagreementforthepurchaseofthePropertyhasbeenfullyexecuted,delivered,andapprovedbySellerandanyconditionstoSeller’sobligationsthereunderhavebeensatisfiedorwaived.

Bytakingpossessionofandreviewingtheinformationcontainedherein,therecipientagreesthat(a)theenclosedmaterialsandtheircontentsareofahighlyconfidentialnatureandwillbeheldandtreatedinthestrictestconfidenceandshallbereturnedtoAgentorSellerpromptlyuponrequest;and(b)therecipi-ent shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the priorwrittenapprovaloftheSellerorAgent;and(c)noportionoftheenclosedmaterialsmaybecopiedorotherwisereproducedwithoutthepriorwrittenauthorizationofSellerorAgentorasotherwiseprovidedintheConfidentialityand/orRegistrationAgreementexecutedanddeliveredbytherecipient(s)toCressy Commercial Real Estate.

ThetermsandconditionscontainedintheaboveConfidentialityMemorandumhavebeenreadandareagreedtothis_____dayof________________2020.

Prospective Purchaser:

PrintedName:_______________________________________________

Title:_______________________________________________________

MailingAddress:_____________________________________________

Phone#:__________________________Fax#_____________________

EmailAddress:______________________________________________

Representing Brokers:

Printed Name: ChristianDaveyandNoahDavey

Title:Senior Broker, Principal

Mailing Address: 4100 Edison Lakes Pkwy, Suite 350 | Mishawaka, IN 46545

Phone #:574.485.1534;574.485.1530 Fax #: 574.271.4292

Email Address: [email protected];[email protected]

Return to: NAI Cressy, 4100 Edison Lakes Parkway, Suite 350 | Mishawaka, IN 46545 | 574.271.4060








Non-Disclosure Agreement

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