12479 Adams Rd Granger, IN 46530
Fully leased retail center with long-term tenants and annual rent increases.
Property size:
14,422 SFLot size:
2.19 AcresProperty Features for 12479 Adams Rd
General Information
- Size
- 14,422 SF
- Lot size
- 2.19 Acres
Source:
Moodyscre
Listing Agent: Maurycy Filecki
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Occupied Retail Center For Sale
The Bittersweet Terrace Shopping Center, located at 12479 Adams Road in Granger, IN, is a 14,422 square foot retail property offered for sale. The shopping center is 100% occupied with long-term tenants and features annual rent increases. Anchored by Beef O Brady’s, the property has a tenant mix of national and established local tenants. Beef O Brady’s has been at this site for over 18 years and has renewed their lease. All tenants are under true NNN leases. The center features six food and service-oriented tenants on long-term NNN leases with a weighted average lease term of 4.00 years. The center offers fixed annual contractual rent increases across the tenant roster. 76% of the GLA has been successfully occupied by tenants operating at this location for an average of 14 years. The property is located near Martin’s Super Market, Ace Hardware, Walgreens, AutoZone, Advance Auto Parts, McDonald’s, and Taco Bell. It is located 15 minutes from the University of Notre Dame with a total enrollment of over 13,000 students.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
MICHIANA MUSTANGS
Association Or Organization
Brakley Mundy
Optometrist
Malibu Tanning
Tanning Salon
The Chief - Creamery of Granger
Ice Cream Shop
Deans Barbecue and Restaurant
Barbecue Restaurant
Location Insight
- Map
- Local Demand
- City
- Granger
- County
- St. Joseph
- State
- Indiana
- Longitude
- -86.110676
- Latitude
- 41.753581
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Fully leased retail center with long-term tenants and annual rent increases.
Where is this shopping center located?
The property is located at 12479 Adams Rd Granger, IN.
What is the asking price?
The asking price for this property is $2,805,000.
What are key features of this property?
This property features: - 100% occupied shopping center with long term tenancy and annual rent bumps.; - True NNN leases on all tenants limits landlord responsibilities.; - Anchored by Beef O Brady’s who has been at this site for over 18 years.