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    1202-1238 E University Dr Granger, IN 46530

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    For Lease
    $16 SF/Yr ($2,983 /Mo)

    Multi-tenant retail center with high visibility and storefront parking.

    Property size:
    2,170 SF
    Lot size:
    3.39 Acres

    Property Features for 1202-1238 E University Dr

    General Information

    Size
    2,170 SF
    Lot size
    3.39 Acres

    Source: Bradley Company | South Bend Agent John Jessen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on University Drive

    City Plaza is an 80,000 square foot multi-tenant retail center comprised of three buildings, situated on University Drive. It offers storefront visibility and features tenants such as Ruth's Chris and Sola Salon Studios. The property is well-maintained and managed, providing easy access and storefront parking. Existing suites range from 1,499 to 2,243 square feet. The retail and restaurant space is anchored by Ruth’s Chris, Temper Grille, and Rocky River Tap & Table. Adjacent land is available for sale or build-to-suit opportunities. The location offers visibility from the I-80/90 Toll Road and is near a 700,000 square foot, Class A office park within one mile, and is in close proximity to Costco Wholesale. The property is managed by Bradley Company.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Similar Places Nearby

    University Crossings Shopping Center of Mishawaka, City Plaza of Mishawaka, Toscana Park of Mishawaka, Toscana Park

    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.16394
    Latitude
    41.721947

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with high visibility and storefront parking.
    Where is this shopping center located?
    The property is located at 1202-1238 E University Dr Granger, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Unmatched storefront visibility on University Drive.; - Anchored by Ruth's Chris and other destination retail/restaurants.; - Easy access and storefront parking.
    (574) 210-8773
    Request Owner's contact information
    1202-1238 E University Dr Granger, IN 46530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1202-1238 E University Dr Granger, IN 46530
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