7321 Heritage Sq Dr Granger, IN 46530-5660
Heritage Square Shopping Center, located at 7321 Heritage Square Dr, Granger, IN 46530, presents a unique opportunity for businesses seeking high-visibility retail space. This 188,000 square foot open-air lifestyle center boasts a prime location within a densely populated area exhibiting stable population growth and high household incomes. Strategically situated on the Grape Road/Main Street corridor, it benefits from exceptional visibility and accessibility. The center is anchored by a gourmet grocery store and features a strong tenant mix including established brands such as White House/Black Market, Eddie Bauer, Starbucks, Orange Theory, and Uptown Kitchen. Multiple spaces are available, offering flexibility for various business needs. Units range in size from a minimum of 1,000 square feet to a maximum contiguous space of 2,063 square feet, with five spaces currently available. The property's ideal location within a thriving community, combined with its impressive tenant lineup, makes it an exceptional investment opportunity for discerning businesses seeking a high-traffic, high-income demographic. This is an established center with a proven track record of success, offering a ready-made customer base and a vibrant atmosphere. Contact us today to learn more about the available spaces and explore the potential of establishing your business in this premier retail destination.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.