512 W Cleveland Rd, Granger, IN 46530

Listing agent John Mester License #IN RB14043595

Listing office NAI Cressy - Mishawaka

Listing date Sep 14, 2023

Source Crexi

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Overview

This prominent retail outlot is situated in a high-traffic area. The parcel, approximately 0.78 acres, features over 250 feet of frontage on Cleveland Road (Indiana State Road 23). It is engineered and zoned to accommodate drive-through retailers. The property is part of the new CAP Storage development slated for construction later this year. Facing University Park Mall, the largest regional mall in Northern Indiana, the site is located at a lighted intersection with a traffic volume exceeding 29,079 cars per day. It is located on the North side of Cleveland Road, just West of Grape Road. The property is part of The University Park Trade Area (UPTA), a dominant retail market in northern Indiana and southwestern Michigan. Situated across the street from the 1 million square foot University Park Mall, the property is surrounded within 3 square miles by nearly 3 million square feet of other successful ancillary retail space, which generated from the construction of UP mall in 1979, and continues to grow presently. The UPTA, with nearly 4 million square feet of retail, is the second largest retail trade area in all of Indiana.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

Location Insight

• Map
• Local Demand

City

Granger

County

St. Joseph

State

Indiana

Longitude

-86.189578

Latitude

41.724428

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FAQs

What type of property is this?

Commercial land - Retail outlot in a high-traffic area near University Park Mall.

Where is this commercial land located?

The property is located at 512 W Cleveland Rd Granger, IN.

What is the asking price?

The asking price for this property is $690,000.

What are key features of this property?

This property features: High traffic location with over 29,079 cars per day at a lighted intersection.; Located in the University Park Trade Area (UPTA), the second largest retail trade area in Indiana.; Zoned and engineered to accommodate drive‑through retailers.