12479 Adams Rd - Storefront FOR SALE
Granger, IN 46530 |
$2,805,000 USD
847-922-7785
12479 Adams Rd
Granger, IN 46530
HIGHLIGHTS
- Anchor Tenant Commitment: Beef ‘O’ Brady’s Has Renewed Their Lease and Has Operated at This Location for Over 18 Years
- Hands-Off Investment: All Tenants Operate Under True NNN Leases, Requiring No Landlord Responsibilities
- Affluent Demographics: Over 50,000 Residents Within a 5-Mile Radius Boast an Average Household Income in Excess of $135,000
- Prime Retail Corridor: The Property is Positioned Near Numerous National Brands and Daily Needs Retailers, Including Martin’s Super Market Etc.
- Proximity to Major University: Located Just 15 Minutes From the University of Notre Dame—Ranked the 18th Best University in the U.S. by U.S. News
- Fully Occupied Retail Center: The Property Comprises a 14,422 SF Daily- Needs Retail Center That is 100% Leased, Generating Stable Cash Flow
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,422 SF Bittersweet Terrace Located at 12479 Adams Road in Granger, IN. This Deal Includes a 100% Occupied Shopping Center With Long-Term Tenancy and Annual Rent Bumps, Making For a Stable Investment Opportunity. Anchored By Beef O Brady’s, This Property Has a Strong Tenant Mix of Both National and Established Local Tenants.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
FOR SALE DETAILS
PRICE
$2,805,000 USD
PRICE/SF
$195 USD /SF
CAP RATE
7.8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bittersweet Terrace - Granger, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
CROSS STREETS
Bittersweet Rd
LAND ACRES
2.34 AC
LAND SF
101,930 SF
ZONING
Commecial (County)
APN/PARCEL ID
71-05-07-451-003.000-011,71-05-07-455-003.000-011
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847-922-7785
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847-922-7785
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