Property summary
This exceptional 8,643-square-foot medical office building presents a unique investment opportunity in Granger, Indiana. Situated on a 0.91-acre lot at 12555 IN-23, this two-story building boasts a prime location within a high-demographic trade area, surrounded by established residential neighborhoods and national/local retailers. Built in 1991, the property features a desirable masonry exterior with attractive landscaping and ample on-site parking. The interior showcases Class A finishes throughout, including a welcoming reception area, retail space, multiple private exam rooms, well-appointed business offices, and convenient restrooms. The adaptable floor plan offers flexibility for a variety of medical or professional uses. The building is fully climate-controlled (100% heated and air-conditioned). Its strategic location provides easy access to the surrounding community, with convenient proximity to Michigan, I-80/90 Toll Road, and the Capital Avenue extension. The high visibility location on SR 23 benefits from an average daily traffic count of 15,608 vehicles. The property is zoned for business use and has an APN of 71-05-07-381-003.000-011. This is a single-tenant property offering a strong foundation for immediate occupancy or future development.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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