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12479 Adams Rd Granger, IN 46530

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For Sale
$2,805,000

Fully leased retail center with long-term tenants and annual rent increases.

Property size:
14,422 SF
Lot size:
2.19 Acres

Property Features for 12479 Adams Rd

General Information

Size
14,422 SF
Lot size
2.19 Acres

Source: Sands Investment Group (SIG) | Chicago 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

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Granger
County
St. Joseph
State
Indiana
Longitude
-86.110676
Latitude
41.753581

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.
More about this property
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