2833 US Highway 52 W - Retail FOR SALE


West Lafayette, IN 47906
$5,500,000 USD
317-281-8811
2833 US Highway 52 W, West Lafayette, IN for Sale
$5,500,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

2833 US Highway 52 W
West Lafayette, IN 47906


HIGHLIGHTS

  • Great tenant mix
  • Staggered lease end dates
  • Built-in rent escalation
  • Strong anchors at the shared signalized intersection
  • Dynamic market

OVERVIEW

Introducing a prime investment opportunity in the heart of West Lafayette, this three building portfolio of retail properties comprise 23,214 SF of 100% leased commercial space. Constructed from 2017 through 2020, the property reflects contemporary design and functionality. Centrally located in the vibrant West Lafayette area and zoned for General Business, it offers a strategic advantage for retail and street retail endeavors. With a remarkable 100% occupancy rate, with many rental rates at the lower end of the market, the property presents a compelling investment prospect, showcasing strong tenant mix and long-term viability. Don't miss this chance to secure a coveted position in the thriving retail landscape of West Lafayette with significant barriers to entry for new retail development.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

GB

APN/PARCEL ID

79-06-02-302-001.000-023

ASK ABOUT THIS PROPERTY

Jim PitoukkasShook Commercial Real EstateMore Info
317-281-8811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jim PitoukkasShook Commercial Real EstateMore Info
317-281-8811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.