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Centennial Place 340 W Cleveland Rd 1,600 SF of Retail Space Available in Granger, IN 46530
Highlights
- Anchored by Talbots and Chico’s, Centennial Place offers a 1,600 SF built-out retail space with 18-foot ceilings in a vibrant open-air center.
- Affluent 5-mile trade area includes 137,748 residents with an average household income of $89,548 and over $1.6 billion in annual consumer spending.
- Open-air center showcases classic architectural details including covered walkways, custom entry doors, decorative lighting, & plate glass windows.
- Frontage along Cleveland Road provides exposure to approximately 30,000 VPD, delivering strong visibility and consistent daily consumer traffic.
- Positioned two blocks from University Park Mall and less than 4 miles from the University of Notre Dame within a dominant regional retail corridor.
- Multiple ingress & egress points off Cleveland Rd, combined with abundant storefront surface parking, enhance accessibility & customer convenience.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 214 | 1,600 SF | 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 214
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 18’
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.
Select Tenants at Centennial Place
- Tenant
- Description
- US Locations
- Reach
- Chico's
- Retailer
- -
- -
- Talbots
- Retailer
- -
- -
- Vintage Charm
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Chico's | Retailer | - | - |
| Talbots | Retailer | - | - |
| Vintage Charm | Retailer | - | - |
Property Facts
| Total Space Available | 1,600 SF | Total Land Area | 5.50 AC |
| Property Type | Retail | Year Built | 1994 |
| Property Subtype | Storefront | Parking Ratio | 5.56/1,000 SF |
| Gross Leasable Area | 36,000 SF |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 36,000 SF |
| Total Land Area | 5.50 AC |
| Year Built | 1994 |
| Parking Ratio | 5.56/1,000 SF |
About the Property
Anchored by both Talbots and Chico’s, Centennial Place at 340 W Cleveland Road presents an opportunity to lease a 1,600-square-foot, fully built-out retail space with 18-foot ceilings, located within a dynamic retail community of unique, locally owned shops, dining, and service retailers. The open-air property features classic architectural details such as covered walkways, custom entry doors, decorative lighting, and plate glass display windows. Centennial Place fronts Cleveland Road, which sees approximately 30,000 vehicles per day (VPD), and benefits from exceptional visibility, with additional exposure to 19,000 vehicles per day along Grape Road via pylon signage positioned in front of the center’s landmark restored historic home, now occupied by Josephiney. Easily accessible through multiple ingress and egress points off Cleveland Road, Centennial Place also offers an abundance of storefront surface parking that adds to the quality of the customer experience. Just two blocks from University Park Mall and less than 4 miles from the University of Notre Dame, Centennial Place is at the center of the fastest-growing trade and residential center in the region. Within a 5-mile radius of Centennial Place, over 137,748 individuals reside, have an average household income of $89,548, and contribute to the total consumer spending exceeding $1.6 billion annually. With an affluent built-in consumer base, strong regional draw, and a prime location within the retail epicenter of Michiana, Centennial Place offers an ideal setting for companies looking to deliver a refined shopping experience.
- 24 Hour Access
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Demographics
Demographics
Nearby Major Retailers
Presented by
Centennial Place | 340 W Cleveland Rd
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