Vanco Development Portfolio

This is an opportunity to acquire three quality neighborhood shopping centers in Plymouth, Indiana. This retail investment portfolio encompasses three strategically located multi-tenant buildings in Marshall County’s primary retail corridor. The properties are shadow anchored by LifePlex a 132,000 square foot health, fitness, and medical facility operated by Fitness Forum Sports and Wellness Center and IU Health and home to many of Ancilla Domini College sports teams. The buildings are also shadowed by the $13 million dollar Regional Cities project known as the Marshall County Wellness and Life Enrichment Center. The development will house a ten-lane competition swimming pool, two indoor turf arenas and two outdoor soccer fields, an indoor turf practice field, daycare facilities, educational classrooms.

The three buildings are differentiated by varying space sizes, tenant mixes, and orientation targeting different tenant segments, which brings balance to the overall portfolio. This opportunity allows for an investor to have visibility to all leasing opportunities in the local and regional market.

The path of progress squarely resides at the intersection of U.S. 30 and Pioneer Drive due to the true availability of development sites at or near a signalized intersection in closest proximity to other regional retail and commerce magnets residing in Plymouth. Vanco Development has changed the commerce, shopping, and lifestyle patterns of the local and regional population. Plymouth itself is one of Indiana’s growing communities, offering an excellent quality of life, skilled and available workforce and a diversified economy in one of the strongest States in the U.S. Proximity to South Bend and Notre Dame make the area a desirable location for visitors to the region.


All 3 Shopping Centers for $4,175,000*

*Can be Purchased Separately

Pine Creek Plaza

30,273 SF

NOI: $240,939

Occupancy: 94%

Individual Price:

$2,535,000

Pine Creek Center

23,800 SF

NOI: $59,737

Occupancy: 53%

Individual Price:

$950,000

USDA Center

23,520 SF

NOI: $95,918

Occupancy: 100%

Individual Price:

$1,010,000