This asset was acquired as part of the McKinley Town & Country Shopping Center in 2026 and represents the core in-line retail component of one of Mishawaka’s most established neighborhood shopping centers. Strategically positioned along the highly trafficked McKinley Avenue and Hickory Road corridors, the center serves as a primary retail destination for the surrounding residential population, Bethel University students, and the greater South Bend–Mishawaka market. While several national-credit outparcel tenants—including Popeyes, Firestone, Arby’s, and other pad-site users—enhance the overall shopping center ecosystem, these outparcels are not included in this asset.

The property offers a compelling value-add opportunity through approximately 56,000 square feet of vacancy, including a highly visible former Dunham’s Sports endcap consisting of approximately 28,000 square feet with prominent frontage along McKinley Avenue. In addition, several existing tenant leases are believed to be below current market rental rates, creating opportunities for future revenue growth through lease-up activity, renewals, and strategic repositioning. Combined with strong traffic counts, an established customer base, national and regional tenancy, and multiple leasing opportunities ranging from small-shop space to large-format anchor space, the property presents a unique opportunity to increase occupancy, improve tenant mix, and drive long-term net operating income growth within a proven retail trade area.