Retail Space in Time
For Lease
Contact for pricing
227 W University Dr, Granger, IN 46545
Multitenant retail space in a high-traffic shopping center.
Space Size1,500 SF - 2,760 SF
Property Size19,536 SF
Days on Market1521
Property Features for 227 W University Dr
General Information
Standard status
Active
Size
1,500 SF - 2,760 SF
Class
A
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
19,536 SF
Year Built
1995
Tenancy
Multiple
Spaces For Lease
at 227 W University Dr Contact us- Size
- 2,760 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
1S
- Size
- 1,500 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
231
Listing Agency:
NAI Cressy - Mishawaka
Listed By:
John Mester · License #IN RB14043595
(574) 485-1501
Source:
Crexi
Added: Jul 7, 2022
Changed: Aug 19
Last Checked: Sep 3 at 1:15AM
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.
Time Square Shopping Center, located in Mishawaka, Indiana, offers multitenant retail spaces. Anchored by Aladdin’s Eatery, the center is situated in the region’s premier retail trade area. Available spaces include two 1,500 square foot units and one 2,760 square foot space located behind Great Harvest Bread Company. The property benefits from its location less than half a mile from University Park Mall and approximately five minutes from the I-80/90 Toll Road (Exit 83), providing excellent traffic and strong demographics. The surrounding area includes major national retailers such as Menards, Super Target, Best Buy, Costco, and Ruth’s Chris Steak House, as well as University Park Mall, making it suitable for businesses seeking high visibility and consistent consumer traffic. Located on University Drive in Granger, the property is part of The University Park Trade Area (UPTA), a dominant retail market in northern Indiana and southwestern Michigan. It is situated less than a mile from the 1 million square foot University Park Mall and approximately 10 minutes from the University of Notre Dame. The property is surrounded by nearly 3 million square feet of ancillary retail space that has grown since the construction of University Park Mall in 1979. The UPTA, with nearly 4 million square feet of retail space, is the second largest retail trade area in Indiana.
Key Highlights
- Located in the heart of the University Park Trade Area (UPTA).
- Anchored by Aladdin’s Eatery, a vibrant multitenant retail destination.
- Excellent location less than half a mile from University Park Mall.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
551k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 55%
Shops & Services 28%
Dining 9%
Apparel 6%
Target
Superstores
154,103 visits/mo
0.2 miles
Costco Wholesale
Superstores
151,025 visits/mo
0.3 miles
Costco Gasoline
Shops & Services
65,979 visits/mo
0.2 miles
Dollar Tree
Shops & Services
22,844 visits/mo
0.2 miles
Phillips 66
Shops & Services
17,180 visits/mo
0.3 miles
Demographics for 46545, IN
26,312
Population
13,046
Households
2
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
1,438
Density / Sq Mi
$55,889
Median Household Income
$36,999
Median Earnings
$986
Median Rent
$174,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multitenant retail space in a high-traffic shopping center.
Where is this shopping center located?
The property is located at 227 W 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: Located in the heart of the University Park Trade Area (UPTA).; Anchored by Aladdin’s Eatery, a vibrant multitenant retail destination.; Excellent location less than half a mile from University Park Mall.
