Marcus & Millichap is pleased to present the opportunity to acquire the property located at 9886 North Tudor Road in Berrien Springs, Michigan. The subject property consists of approximately 138,515 square feet of industrial space and is situated on 29.07 acres of land. The single-tenant asset features a 16’ to 21’ clear height, nine dock-high doors, eight grade-level doors, and three-phase heavy power with 480 volts and 400 amps. Recent capital improvements include roof repairs and LED lighting installed over roughly 65,000 square feet in the property. Formerly home to Great Lakes Metal Alloys, the property is priced significantly below replacement cost at $7.94 per square foot. For sale as vacant, the property is ideal for owner use. Situated in close proximity to U.S. Highway 31 via Snow Road, the property sits 24 miles north of South Bend, Indiana, within the Niles-Benton Harbor market.
Niles-Benton Harbor is a relatively small market, containing 16.4 million square feet of industrial space. In Q1 2025, the vacancy rate was 8.3 percent, up 210 basis points year-over-year as net absorption over the previous 12 months contracted by -363,000 square feet. While vacancies remained in line with the five-year average, the increase in availability helped to decelerate annual rent growth to a five-year low of 2.4 percent. The average market rent ticked up to about $6.00 per square foot in Q1. With no industrial properties under construction in Niles-Benton Harbor at the start of Q2, industrial demand will remain in the driver’s seat of vacancies and rents for the foreseeable future (CoStar).
Located along the southernmost bend of the St. Joseph River, hence the name, South Bend is the fourth largest city in Indiana with a population of 103,453 residents. Established as a fur trading post, South Bend grew quickly with the rise of the now defunct automobile maker, Studebaker Corporation. Today, South Bend’s economy is anchored by the famed University of Notre Dame. With nearly 6,000 workers, Notre Dame is the single largest employer in South Bend. Both residents and businesses benefit from a low cost of living and business-friendly environment, which has spawned growth in the logistics and high-tech manufacturing industries (Marcus & Millichap).
BROKER OF RECORD
Steve Chaben
Michigan Broker of Record
Two Towne Square, Suite 450
Southfield, MI 48076
P: (248) 415-2600
Steve.Chaben@MarcusMillichap.com
License #: 6502387903
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2025 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0370128)
