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Lafayette Square 2224-2500 Teal Rd 1,149 - 32,793 SF of Retail Space Available in Lafayette, IN 47905
HIGHLIGHTS
- Anchor opportunity
- Small shop space for lease - 1,149 to 8,361 SF available
- Big Lots space now available - $3 PSF rental rate
- New broker incentives in 2025!
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2000 | 25,470 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2500 | 1,200 SF | Negotiable | $27.65 CAD/SF/YR $2.30 CAD/SF/MO $33,180 CAD/YR $2,765 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3500 | 1,149 SF | Negotiable | $26.27 CAD/SF/YR $2.19 CAD/SF/MO $30,181 CAD/YR $2,515 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 500 | 4,974 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2224-2500 Teal Rd - 1st Floor - Ste 2000
Retail box for lease.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Rural King.
2224-2500 Teal Rd - 1st Floor - Ste 2500
Retail space available.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Anchored by Big Lots and Rural King.
2000-2040 Teal Rd - 1st Floor - Ste 3500
Retail space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Anchored by Big Lots and Rural King.
2224-2500 Teal Rd - 1st Floor - Ste 500
Retail space available.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Rural King.
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 LAFAYETTE SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Burger King
- Fast-food
- 8,264
- International
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- Dollar Tree/Family Dollar
- Dollar/Variety/Thrift
- 9,663
- National
- Rural King Supply
- Discount Store
- 159
- Regional
- Sherwin-Williams
- Paint/Wallpaper
- 5,812
- International
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Burger King | Fast-food | 8,264 | International |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| Dollar Tree/Family Dollar | Dollar/Variety/Thrift | 9,663 | National |
| Rural King Supply | Discount Store | 159 | Regional |
| Sherwin-Williams | Paint/Wallpaper | 5,812 | International |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
| Total Space Available | 32,793 SF | Frontage | Lafayette Square |
| Center Type | Community Center | Gross Leasable Area | 271,199 SF |
| Parking | 2500 Spaces | Total Land Area | 22.86 AC |
| Stores | 28 | Year Built | 1962 |
| Center Properties | 5 | Cross Streets | 22nd St |
| Total Space Available | 32,793 SF |
| Center Type | Community Center |
| Parking | 2500 Spaces |
| Stores | 28 |
| Center Properties | 5 |
| Frontage | Lafayette Square |
| Gross Leasable Area | 271,199 SF |
| Total Land Area | 22.86 AC |
| Year Built | 1962 |
| Cross Streets | 22nd St |
ABOUT THE PROPERTY
50,864 square feet, Anchored by Rural King and Dollar Tree Family Dollar, Population exceeds 132,700 in a five-mile radius with the average household income exceeding $69,800, Located adjacent to Jefferson High School in a strong residential community, Established traffic patterns and access points, Available retail and box space for lease.
- Air Conditioning
- Dedicated Turn Lane
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Lafayette Square | 2224-2500 Teal Rd
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