Storefront For Sale • 132,398 SF
Attractive 8.50% CAP Rate and Low $91/S.F. Sales Price with Significant Upside Available (To Be 85% Occupancy) Through Lease-Up and Rent Growth |
Huge Draw: 2.5 Miles to Purdue University: 40k+ Students and 15k+ Employees (Tenant: NeoVision’s Official Eyecare Provider for Purdue Athletics) |
Growing Community with Average Household Incomes of $83k+ and High Population Density of Approx. 140k Within 5-Miles (Not Including Purdue Students) |
In 2023, The Wall Street Journal and Realtor.com Have Ranked Greater Lafayette the No. 1 Emerging Housing Market in America Based |
Directly Adjacent to Northend Community Center: $14 Million/97k S.F. Development Built in 2018, Huge Traffic Driver |
Multiple Signalized Entrances & Corner Location Between 3 Main Roadways, Highly Visible Pylon & Monument Signage & Center Visibility w/ 7 Entrances |
Cap Rate: | 8.60 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Arni's Pizza | 9,668 SF | 3/1/2026 |
Bureau Of Motorvehicles | 12,930 SF | 1/1/2033 |
Calm Waters Therapy | 2,980 SF | 2/1/2028 |
Dollar General | 17,828 SF | 11/1/2026 |
FFR Health | 5,544 SF | 4/1/2026 |
First Merchants Bank | 4,323 SF | 4/1/2026 |
Neovision | 7,224 SF | 7/1/2027 |
State of IN | 15,387 SF | 12/31/2035 |
The Downtowner | 6,455 SF | 6/1/2027 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Lafayette Amtrak Station (Cardinal - Amtrak) | 5 min | - | 2.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 189 |
Type: | Surface |
Included in Rent: | Yes |