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112 E Ridge Rd
Griffith, IN 46319
Broad Ridge Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1989/2011
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.60 AC
Zoning
C - Commercial
Parking
88 Spaces (8.8 Spaces per 1,000 SF Leased)
Frontage
275’ on Broad St

AMENITIES

  • 24 Hour Access
  • Pylon Sign
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

ABOUT 112 E RIDGE RD , GRIFFITH, IN 46319

This is a brick/metal 9 unit neighborhood retail strip center sitting on 1.69 acres. Four available units for lease ranging in size from 1,200 SF thru 3,600 SF. Featuring a highly desirable end cap, Unit A can be combined with Unit B & Unit C to form 3,600 SF. Unit E is the former Enterprise Rent A Car space with 1,200 SF. Unit H is 2,040 SF. Recent improvements made: 2019 new facade 2016-2019 7 new HVAC units, 2015 paved parking lot, 2009/2014 new roofs, 2019 parking lot cracks resealed. Built in 1989. 2019 pay 2020 taxes $24,040.30 ($1.59/SF) Tenants pay utilities. 176’ of frontage on Ridge Road and 162’ of frontage on Broad Street. 70% occupancy, 30% vacant. (4 available units 1,200 SF, 1,200 SF, 1,200 & 2,040 SF) Tenants in this center: Missy Hair Braiding, Nails Tek, Enterprise, State Farm, Oria's Flowers and Aurelio's Pizza. Located at the NE corner of the Ridge Road and Broad Street stoplight intersection. 1/4 mile east of Cline Avenue, 1/2 mile west of Colfax and 1 1/2 miles southeast of 80/94. 30 miles south of Chicago. INDOT traffic counts 25,374 cars/day. Across from Taco Bell, and in the vicinity of Subway, Pizza Hut, Speedway, T-Mobile, DQ and so much more

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-07-26-126-001.000-006
Land Assessment
$539,400
Improvements Assessment
$948,000
Total Assessment
$1,487,400
  • Listing ID: 18922273

  • Date on Market: 3/19/2020

  • Last Updated:

  • Address: 112 E Ridge Rd, Griffith, IN 46319

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