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    227 University Dr Granger, IN 46530
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    227 University Dr, Granger, IN 46530

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    • Strip malls
    • 19,536 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Great Harvest Bread Company of Michiana / Bakery / Specialty Food Shop

    Property Details for 227 University Dr

    Year built
    1995
    Property type
    Strip malls
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional Class A, single-story retail center, Time Square, offers three available suites totaling 6,000 square feet of vacant space within a 19,536 square foot building. Located in the heart of Mishawaka's vibrant retail trade area, this property boasts an ideal location less than half a mile from the prominent University Park Mall and a mere five minutes from I-80/90 Toll Road, Exit 83. The center benefits from exceptional traffic counts and strong demographics, anchored by Aladdin's Eatery and surrounded by a concentration of major retailers, including Menards, Super Target, Best Buy, Costco, and Ruth's Chris Steak House. This prime location is part of the University Park Trade Area (UPTA), a dominant retail market in northern Indiana and southwestern Michigan, encompassing nearly 4 million square feet of retail space, making it the second largest in the state. The property sits on a 2.6-acre lot, with individual suites ranging from a minimum of 1,500 square feet to a maximum contiguous space of 6,000 square feet. Built in 1995, this center is zoned C and features a single building with excellent visibility and accessibility. The property's address is identified by APN 71-04-28-276-003.000-005 in St. Joseph County. This is a unique opportunity to establish a presence in one of Indiana's most successful retail corridors, benefiting from the established success and high traffic volume of the surrounding area. The property is less than a mile from the 1 million square foot University Park Mall and just 10 minutes from the University of Notre Dame, ensuring a consistent flow of potential customers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    St Joseph
    State
    Indiana
    Longitude
    -86.18
    Latitude
    41.7196
    More about this property
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