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12645 State Road 23

1,030 - 6,868 SF of Space Available in Granger, IN 46530

Highlights

  • Customizable spaces ranging from 1,030 to 2,820 SF delivered as a white box with additional tenant improvement dollars available
  • Join State Farm and HealthMarkets as the new tenants in this center
  • Additional 1,200 SF turnkey office space available in the existing building at a lower asking rate
  • Excellent visibility with signage options along SR 23 where traffic counts exceed 24,000 vehicles per day
  • Centrally located between South Bend/Mishawaka and Elkhart withbclose proximity to the University of Notre Dame
  • Abundant on-site surface parking for tenants and visitors. Landlord pays for CAM, Taxes, and Insurance. Tenant pays base rent and utilities.

Space Availability (4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Suite 1
  • 1,030 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $22,660 /YR $1,888 /MO
  • Modified Gross
Space Use
Office
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor, Ste Suite 12657
  • 1,200 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $19,200 /YR $1,600 /MO
  • Modified Gross
Space Use
Office
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor, Ste Suite 2
  • 2,820 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $62,040 /YR $5,170 /MO
  • Modified Gross
Space Use
Office
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor, Ste Suite 3
  • 1,818 SF
  • Negotiable
  • $21.00 /SF/YR $1.75 /SF/MO $38,178 /YR $3,182 /MO
  • Modified Gross
Space Use
Office/Retail
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
Space Size Term Rental Rate Rent Type
1st Floor, Ste Suite 1 1,030 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $22,660 /YR $1,888 /MO Modified Gross
1st Floor, Ste Suite 12657 1,200 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $19,200 /YR $1,600 /MO Modified Gross
1st Floor, Ste Suite 2 2,820 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $62,040 /YR $5,170 /MO Modified Gross
1st Floor, Ste Suite 3 1,818 SF Negotiable $21.00 /SF/YR $1.75 /SF/MO $38,178 /YR $3,182 /MO Modified Gross

1st Floor, Ste Suite 1

Size
1,030 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $22,660 /YR $1,888 /MO
Rent Type
Modified Gross
Space Use
Office
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

1st Floor, Ste Suite 12657

Size
1,200 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $19,200 /YR $1,600 /MO
Rent Type
Modified Gross
Space Use
Office
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

1st Floor, Ste Suite 2

Size
2,820 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $62,040 /YR $5,170 /MO
Rent Type
Modified Gross
Space Use
Office
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

1st Floor, Ste Suite 3

Size
1,818 SF
Term
Negotiable
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $38,178 /YR $3,182 /MO
Rent Type
Modified Gross
Space Use
Office/Retail
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 12645 State Road 23 , Granger, IN 46530

Property Type Retail
Gross Leasable Area 10,064 SF
Year Built/Renovated 1987/2024
Parking Ratio 0.5/1,000 SF

About the Property

Prime Granger retail/office space available for lease with a Q4 2023 delivery

Nearby Major Retailers

Starbucks
1st Source Bank
Samuel Mancino's Italian Eatery
Beef 'O' Brady's
  • Listing ID: 29367564

  • Date on Market: 9/11/2023

  • Last Updated:

  • Address: 12645 State Road 23, Granger, IN 46530

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