Warehouses in South Bend, Indiana, offer a unique investment opportunity for those looking to capitalize on the city's rich history and growing economy. As a hub for education, healthcare, and small businesses, South Bend provides an ideal environment for warehouse investments. With its strategic location near the Michigan border and proximity to Chicago, South Bend's warehouses offer easy access to major transportation routes, including the South Bend International Airport, the South Shore Line commuter railroad, and major highways like U.S. Route 31 and the Indiana Toll Road. The city's infrastructure, including the South Bend Water Works and Indiana Michigan Power, also supports the needs of warehouse operations. Additionally, the presence of institutions like the University of Notre Dame and major corporations like Honeywell and Bosch contribute to the city's economic stability, making it an attractive location for warehouse investments.
South Bend's warehouses, with 4 available listings, offer a range of opportunities for investors. The average price per square foot is $65 USD, with an average size of 62,525 square feet and a largest size of 115,486 square feet. The average cap rate is 7.5%. In addition to warehouses, South Bend also offers other investment opportunities, including Industrial Properties, Land, Residential Income Homes, and Commercial Real Estate. Industrial Properties in South Bend provide space for manufacturing and production, while Land investments offer opportunities for development and growth. Residential Income Homes and Commercial Real Estate investments, on the other hand, cater to the city's growing population and business community. With its diverse economy and strategic location, South Bend is an attractive destination for investors looking to diversify their portfolios.
What are the key features investors look for in warehouses in South Bend?
When searching for warehouses in South Bend, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot, which is currently $65 USD, and average size of 62,525 square feet, with some warehouses offering as much as 115,486 square feet of space.
- A desirable location, with proximity to major transportation hubs like the South Bend International Airport, the South Shore Line train station, and major roads such as U.S. Route 31 and the Indiana Toll Road, to facilitate easy logistics and distribution.
- A competitive average cap rate of 7.5%, which indicates a strong potential for returns on investment, as well as access to a skilled workforce and a business-friendly environment in South Bend.
What size warehouses are available to buy in South Bend?
Warehouses for sale in South Bend range in size from 62,525 square feet to 115,486 square feet, with an average price per square foot of $65 USD and an average cap rate of 7.5%, offering a variety of options for businesses and investors looking to establish a presence in this city.
How much does it cost to buy a warehouse in South Bend?
When it comes to buying a warehouse in South Bend, the cost can vary depending on several factors, including the size and location of the property, with the average price per square foot being $65 USD and the average size of available warehouses being 62,525 square feet, with the largest available warehouse spanning 115,486 square feet, and an average cap rate of 7.5%.
Currently, there are 4 warehouse listings available in South Bend, offering a range of options for buyers to choose from, whether they're looking for a small facility for storage or a large space for manufacturing and distribution.
South Bend's strategic location, with its proximity to the Indiana Toll Road and the South Bend International Airport, makes it an attractive option for businesses looking to establish a warehouse or distribution center, and its relatively affordable prices compared to larger cities in the region make it an attractive option for buyers.
