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    408-420 Cleveland Rd Granger, IN 46530

    Sponsored
    For Lease
    $15 SF/Yr ($11,376 /Mo)

    Prime Granger location, multiple suites available.

    Lot size:
    9,101 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 408-420 W Cleveland Rd in Granger, Indiana, presents a fantastic leasing opportunity. The property, built in 1977, offers a total of 9,101 square feet of versatile space, ideally suited for a variety of office uses. The building is classified as both retail and office, with a traditional office subtype and strip center designation. Currently, there are multiple tenancies available, with a significant amount of vacant space totaling 4,033 square feet. Flexible lease options are available, accommodating spaces ranging from a minimum of 1,033 square feet to a maximum contiguous space of 3,000 square feet. This presents an excellent opportunity for businesses seeking a well-located, adaptable space in the thriving Granger market. The property is situated in St. Joseph County, Indiana, and boasts a convenient location with easy access to key transportation routes. The address is 408-420 W Cleveland Rd, Granger, IN 46530. This is an ideal opportunity for businesses looking to establish or expand their presence in a desirable and accessible location. The property's flexible layout and ample square footage provide significant potential for customization to meet specific business needs. Don't miss this chance to secure your ideal office space in Granger.

    Property Features for 408-420 Cleveland Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,101 SF
    Total Rate
    11376.25

    Building Details

    Year Built
    1977

    Unit(s) available at that property

    Space
    Suite 416
    Size
    1,033 SF
    Rate per SF
    $21
    Space
    Suite 408
    Size
    3,000 SF
    Rate per SF
    $21

    HighLights

    • Flexible multi‑tenant retail space ideal for office or retail tenants.
    • High‑visibility location on Cleveland Rd. with excellent signage opportunities.
    • Monument signage and building façade signage available.
    • Suite 416: Move‑in ready office space; Suite 408: Vacant restaurant space, adaptable for various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop 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
    -86.188128
    Latitude
    41.7239255

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Granger location, multiple suites available.
    Where is this neighborhood center located?
    The property is located at 408-420 Cleveland Rd Granger, IN.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Flexible multi-tenant retail space ideal for office or retail tenants.; High-visibility location on Cleveland Rd. with excellent signage opportunities.; Monument signage and building façade signage available.
    Request Owner's contact information
    408-420 Cleveland Rd Granger, IN 46530
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    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
    408-420 Cleveland Rd Granger, IN 46530
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