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12650 IN-23 12650 Adams Rd 4,008 SF Retail Building Granger, IN 46530 $895,000 ($223.30/SF)



INVESTMENT HIGHLIGHTS
- High Visibility on SR 23/Adams Rd.
- Near the Intersection of SR 23 and Bittersweet Rd.
- High retail and restaurant area
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$3,893
|
$0.97
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,893
|
$0.97
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $3,893 |
| Annual Per SF | $0.97 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,893 |
| Annual Per SF | $0.97 |
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Excellent lease opportunity on heavily traveled IN-23 in highly sought after Granger with great demographics. Rent is $4,000/month, NNN. There is a wide range of uses possible in this very well maintained and unique barn style retail property with just over 4,000 SF with high ceilings, spacious loft, multiple rooms great visibility, and plenty of parking. Great proximity, less than 1/4-mile West of the intersection of Bittersweet Road and IN-23, 3/4-mile from the State Line, less than 3 miles to the Indiana Toll Road interchange at IN-331/Capital Ave, 4 miles to the Grape Road/Main Street Shopping Corridor (one of the largest in the State of Indiana), and less than 7.5 miles to the University of Notre Dame. Taxes: $4,137.32. Tax Year: 2024.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,008 SF | Retail | - | Now |
1st Floor
| Size |
| 4,008 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 4,008 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Excellent lease opportunity on heavily traveled IN-23 in highly sought after Granger with great demographics. Rent is $4,000/month, NNN. There is a wide range of uses possible in this very well maintained and unique barn style retail property with just over 4,000 SF with high ceilings, spacious loft, multiple rooms great visibility, and plenty of parking. Great proximity, less than 1/4-mile West of the intersection of Bittersweet Road and IN-23, 3/4-mile from the State Line, less than 3 miles to the Indiana Toll Road interchange at IN-331/Capital Ave, 4 miles to the Grape Road/Main Street Shopping Corridor (one of the largest in the State of Indiana), and less than 7.5 miles to the University of Notre Dame. Taxes: $4,137.32. Tax Year: 2024.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 71-05-18-126-003.000-011 | Total Assessment | $233,600 (2024) |
| Land Assessment | $172,600 (2024) | Annual Taxes | $3,893 ($0.97/SF) |
| Improvements Assessment | $61,000 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Presented by
12650 IN-23 | 12650 Adams Rd
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