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17278424
17278423

512 W Cleveland Rd, Granger, IN 46530

JM
IN RB14043595
NAI Cressy - Mishawaka
Listed by NAI Cressy - Mishawaka
$690,000
995 days on market
Updated 54 days ago

512 W Cleveland Road

Details
Property Type Land
Sub Type Commercial
Acreage 0.780
Zoning PUD

Outlot zoned for drive-through

Marketing description

Prominent retail outlot located in a high traffic area. This parcel is part of the new CAP Storage development slated for construction later this year. The outlot consists of approximately 0.78 acres with over 250 feet of frontage on Cleveland Road (Indiana State Road 23) and is engineered and zoned to accommodate drive-through retailers. The property faces University Park Mall, the largest regional mall in Northern Indiana, and sits at a lighted intersection that sees in excess of 29,079 cars per day.

Located on the North side of Cleveland Road. Found just West of Grape Road. Part of The University Park Trade Area (UPTA), which is one of the most dominate retail markets in northern Indiana, and southwestern Michigan.

Situated across the street from the 1 million square foot University Park Mall. Property also surrounded within 3 square miles by nearly 3 million square feet of other successful ancillary retail space, which generated from the construction of UP mall in 1979, and continues to grow presently.

Nearly 4 million square feet of retail makes the UPTA the second largest retail trade area in all of Indiana.

Investment highlights

.78 Acre Prominent Retail Outlot on Signalized Corner in High Traffic Area Ideal for QSRs

Listing Contacts

JM
IN RB14043595
NAI Cressy - Mishawaka
Listed by NAI Cressy - Mishawaka

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