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Freestanding Retail Space
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135 E University Dr, Granger, IN 46530

Freestanding commercial space with ample parking, signage, and access, adaptable to medical or professional office use.

Property SizeContact for details
Days on Market145

Property Features for 135 E University Dr

General Information

Standard status Active
Property subtype Retail, Office

Building Details

Buildings 1
Listing Agency: NAI Cressy - Mishawaka
Listed By: Tim Mehall · License #IN RB14019970
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cressy - Mishawaka

Investment Insights

Based on property information with market context.

This newer freestanding commercial building was originally configured for retail and can accommodate medical or professional office use. The property includes ample parking, on-site signage, visibility, and convenient access. It is offered for sale or short-term lease.

Located at 135 E University Dr in Granger, the building sits in the University Park trade area, approximately 1/2 mile from University Park Mall and directly east of Costco. SuperTarget, Marshall’s, and Pier 1 Imports serve as nearby shadow anchors. The broader trade area includes more than 6 million square feet of retail, including the 1.1 million square foot University Park Mall.

The property is also near Saint Joseph Regional Health campus, Edison Lakes Medical Center, and Edison Lakes Corporate Office Park, which contains over 600,000 SF of Class A offices.

Key Highlights

  • Freestanding commercial building with a retail‑oriented layout adaptable to medical or professional office use
  • Ample parking, on‑site signage, property visibility, and easy access
  • Approximately 1/2 mile from University Park Mall

Property Analytics

Current Use

Corvilla Charitable Organization Luxe Home Interiors ... Interior Design

Suggested Use

Top Pick Building Supply HVAC Service Law Firm Kitchen & Bath Showroom Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

852
Businesses Nearby

Demographics for 46530, IN

31,805
Population
11,939
Households
2.7
Avg Household Size
41
Median Age
54%
College-Educated
97%
High-School Grad
24.3 sq mi
ZIP Area
1,309
Density / Sq Mi
$114,684
Median Household Income
$58,102
Median Earnings
$1,594
Median Rent
$316,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding commercial space with ample parking, signage, and access, adaptable to medical or professional office use.
Where is this retail space located?
The property is located at 135 E University Dr Granger, IN.
What are key features of this property?
This property features: Freestanding commercial building with a retail‑oriented layout adaptable to medical or professional office use; Ample parking, on‑site signage, property visibility, and easy access; Approximately 1/2 mile from University Park Mall
More about this property
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