For Sale
Granger, IN
Commercial Real Estate Market Trends & Data
$158 per SF
Avg asking sale price
$19 per SF
Avg asking lease rate
7,524 SF
Avg unit lease size
168,794 SF
Avg building size for sale
6.00%
Average cap rate
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Mishawaka | $96 | 19,898 SF | 9.55% |
| South Bend | $98 | 22,220 SF | 9.55% |
| Cassopolis | $85 | 9,064 SF | 1.56% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Mishawaka | $71 | 40,970 SF | 11.26% |
| Elkhart | $54 | 84,697 SF | 10.50% |
| South Bend | $75 | 29,529 SF | 11.26% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Granger | $94 | 353,151 SF |
| Osceola | $144 | 4,367 SF |
| Mishawaka | $215 | 49,236 SF |
| Elkhart | $147 | 8,605 SF |
| South Bend | $223 | 58,398 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Mishawaka | $672 | 7,800 SF | 5.25% |
| Elkhart | $108 | 365,412 SF | 6.63% |
| South Bend | $672 | 7,800 SF | 5.25% |
| Bremen | $97 | 9,335 SF | 9.00% |
| North Liberty | $207 | 16,000 SF | 6.42% |
Commercial Properties For Sale in Granger
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Granger pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Granger | $158 | 168,794 SF |
| Osceola | $93 | 6,434 SF |
| Mishawaka | $122 | 43,548 SF |
| Edwardsburg | $57 | 6,556 SF |
Regional Demographic Comparison
This comparison places Granger alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Granger or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Osceola | 2,527 | 996 | 40 | $61,802 | 3 | 226 | -2% |
| Roseland | 1,613 | 706 | 33 | $45,694 | 2 | 401 | 12% |
| Edwardsburg | 1,263 | 488 | 39 | $52,500 | 3 | 131 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Granger, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Granger
View All Commercial Real Estate For Sale in Granger
Is Granger a good market for a first-time commercial real estate investor?
Granger offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Granger?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Granger. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Granger?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Granger. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Granger compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Granger. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Granger acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Granger, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
