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Beef O Brady's, Pizza Hut
12479 Adams Road, Granger, IN 46530, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,422 SF Bittersweet Terrace Shopping Center Asset Located at 12479 Adams Road in Granger, IN. This Deal Includes a 100% Occupied Shopping Center With Long Term Tenancy and Annual Rent Bumps Making For a Stable Investment Opportunity. Anchored By Beef O Brady’s This Property Has a Strong Tenant Mix of Both National and Established Local Tenants.
- Beef O Brady’s Has Just Renewed Their Lease and Has Been at This Site For Over 18 Years, With 140+ Locations This Shows Their Commitment to the Location and Continued Operating Success at the Site
- True NNN Leases on All the Tenants Limits Landlord Responsibilities Making For a Very Hands Off Investment Opportunity
- More Than 50,000 Residents Within a 5-Mile Radius Featuring an Average Household Income in Excess of $135,000, Positioning the Asset in an Affluent Upper Middle Class Community
- The Property is Near Dozens of National Tenants and Nearby Traffic Drivers Including: Martin’s Super Market, Ace Hardware, Walgreens, AutoZone, Advance Auto Parts, McDonald’s, Taco Bell, Among Many Others
- Located Just 15 Minutes From the Prestigious University of Notre Dame Which is Ranked as the 18th Best University in the Nation According to the U.S. News & World Report With a Total Enrollment of Over 13,000 Students
- Fully Occupied Retail Center: The Property Features a 14,422 Square Foot Daily Needs Retail Center That is Fully Leased, Providing Steady Income From Long-Standing Tenancy
- Strong Tenant Mix: The Center Features Six Food and Service-Oriented Tenants on Long-Term NNN Leases With a Weighted Average Lease Term (WALT) of 4.00 Years
- Attractive Rental Growth: The Center Offers Fixed Annual Contractual Rent Increases Across the Tenant Roster, Ensuring Steady Annual Income Growth Throughout the Holding Period
- Proven Tenant Success: 76% of the GLA Has Been Successfully Occupied By Tenants Operating at This Location For an Average of 14 Years, Indicating Strong Performance and Tenant Satisfaction
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918
Beef O Brady's, Pizza Hut
12479 Adams Road, Granger, IN 46530, USA
BEEF O BRADY’S
Beef ‘O’ Brady’s is an American restaurant franchise known for its casual, family-friendly atmosphere and a menu centered around American pub-style food, including burgers, wings, sandwiches, and seafood. It was founded in 1985 by Jim Mellody in Brandon, Florida, as a neighborhood sports bar that focused on creating a welcoming space for families and sports fans alike. The restaurant chain has since grown to over 140 locations across the United States. Beef ‘O’ Brady’s is especially popular for its chicken wings, offered with a variety of sauces, and its sports-centric environment, featuring TVs for live sports broadcasts. The brand has a strong community focus, often engaging in local events and sponsorships. Its format includes both dine-in and carryout options, and some locations offer catering services. Beef ‘O’ Brady’s continues to expand while maintaining its core values of family, sports, and good food.
PIZZA HUT
Pizza Hut is an American restaurant chain and international franchise, renowned for its Italian-American menu featuring a variety of pizzas and pasta dishes, along with side items like breadsticks and desserts. It was established in June 1958 by brothers Dan and Frank Carney, two Wichita State University students, who opened their first location in Wichita, Kansas. Today, Pizza Hut operates over 19,000 restaurants in more than 100 countries, making it the largest pizza chain globally by number of locations. A subsidiary of Yum! Brands, Inc., one of the world’s largest restaurant companies, Pizza Hut has continued to evolve, notably undergoing a rebrand in November 2014 to boost sales by expanding its menu to include new crust flavors and specialty pizzas. The chain operates through various formats, including traditional dine-in restaurants, carryout-only locations, and hybrid models that offer both dine-in and delivery services. Many of its larger locations also feature an all-you-can-eat buffet, including pizza, salad, breadsticks, and a pasta bar.
DEAN’S BBQ
Dean’s Barbecue and Restaurant is an American eatery in Granger, Indiana, renowned for its authentic, mouthwatering barbecue and a warm, welcoming atmosphere. Specializing in slow-cooked, smoked meats, the menu features classic Southern favorites, including pulled pork, ribs, brisket, chicken, and homemade sides like coleslaw and baked beans. With a focus on traditional smoking techniques and quality ingredients, Dean’s ensures rich, flavorful dishes that keep customers coming back. The restaurant is particularly popular for its tender meats and offers both dine-in and takeout options for a convenient dining experience. Committed to community engagement, Dean’s Barbecue continues to be a beloved local staple, known for its delicious food and friendly service.
FOOTPRINTS DANCE STUDIO
Footprints Dance Studio is a respected dance studio in Granger, Indiana, offering a variety of classes for all ages and skill levels. Specializing in styles like ballet, jazz, tap, hip-hop, and contemporary, the studio focuses on developing technique and artistic expression in a supportive environment. With experienced instructors dedicated to nurturing talent, Footprints provides students with performance opportunities through recitals and competitions. Committed to building selfesteem and teamwork, Footprints Dance Studio has become a beloved part of the Granger community, inspiring a love for dance in its students.
MALIBU TANNING
Malibu Tanning is a popular tanning salon with 6 locations in Granger, Indiana, known for its diverse tanning services, including UV tanning beds and spray tanning options. The salon prioritizes customer satisfaction and safety, offering various packages, lotions, and skincare products to help clients achieve their desired results. With modern facilities and knowledgeable staff, Malibu Tanning provides personalized assistance for all skin types. The salon has become a go-to destination for maintaining a healthy glow, offering convenient walk-in services and membership plans, making it a valued part of the Granger community.
CHIEF PREMIUM TREATS
The Chief Ice Cream is a beloved ice cream shop in Granger, Indiana, known for its rich, handcrafted ice cream made from high-quality ingredients. The Chief offers a diverse menu of classic and unique flavors, including seasonal specialties and limited-time creations, ensuring there’s always something new to try. With a warm and inviting atmosphere, The Chief is the perfect spot for families and friends to gather over cones, sundaes, and milkshakes. The shop actively engages with the community and is dedicated to customer satisfaction, with friendly staff ready to assist patrons in finding their perfect treat. Whether it’s a hot summer day or a cozy winter evening, The Chief has become a cherished destination for ice cream lovers in Granger.
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Cap Rate: —
Contact Broker
Available
Price
$2,882,000
Cap Rate
7.55%
PREMISES
14,422 SF
RENEWAL OPTIONS
Varies
Lease Expiration
Varies
Lease Type
NNN
BROKERS
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
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