837 Cedar St, Pavilion III

 

Property Description

Pavilion III is a 4 story, 58,902 SF former multi-tenant medical office building (which includes a 10,744 SF lower level) on 2.09 acres. The building offers a concrete foundation with brick exterior, lobby entrance with directory signage, multiple windows, two hydraulic elevators and three stairways. Generous parking provides easy access for patients and clients. Additionally, Pavilion III is located in the loop of a vendor neutral dark fiber network known as the MetroNet, and can easily be be connected to the MetroNet grid.

Also available for sale or lease separately is Pavilion II located at 707 Cedar Street in South Bend.     

To learn more, please contact:

Sheral Litell, SIOR                             Noah Davey

Senior Associate Broker                     Senior Associate Broker               

574.485.1527                                       574.485.1530

                                 

Property Location           Map

Pavilion III is centrally located near downtown, University of Notre Dame, South Bend Clinic, and the new Saint Joseph High School. The area has been appointed the South Bend Medical Mile, which encompasses a one-mile radius from the center of South Bend and includes Pavilion II and Pavilion III medical facilities.

 

Property Location

  

837 Cedar St, Pavilion III

Snapshot

 
837 Cedar St, Pavilion III
South Bend, IN

Building Size:                      58,902SF

      Includes 10,744 SF Lower Level 

Land:                                   2.09 Acres

Year Built:                                    1993

Zoned:                                      O-Office

Utilities:                                Municipal

Taxes:                   Not-for-Profit Entity

Lease Rate:            $10.50 PSF NNN

          + CAM Est. $7.63 + Phone/Data

Sale Price:                         $3,190,000

Property Location

Located in an well-established industrial park, the property is one block north of the Elkhart Municipal Airport located on County Road 6 with approximately 120 flights daily. The airport has one 6,500-foot east/west runway and one 4,000-foot north/south runway that service the many corporate jets and private commercial airplanes. Vehicle traffic for both trucks and passenger cars is excellent with access to the Indiana 80/90 Toll Road and several major county roads from the subject property. The site is generally level with some slightly rolling terrain and is heavily landscaped in a Japanese-style garden at the rear of the building with a walking path, dry creek bed, and natural woods providing a panoramic view from the executive conference room and offices located on the west end of the building.