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2833 US Highway 52 W 23,214 SF 100% Leased Retail Building West Lafayette, IN 47906 $7,677,560 CAD ($330.73 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great tenant mix
- Built-in rent escalation
- Dynamic market
- Staggered lease end dates
- Strong anchors at the shared signalized intersection
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
23,214 SF
Building Class
B
Year Built
2016
Price
$7,677,560 CAD
Price Per SF
$330.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
1.13 AC
Zoning
GB - General Business district with specific rules on land use, building size, setbacks, and other commercial development guidelines.
Parking
121 Spaces (9.68 Spaces per 1,000 SF Leased)
Frontage
219’ on US 52
AMENITIES
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 79-06-02-302-001.000-023 | Improvements Assessment | $1,916,765 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,916,765 CAD |
PROPERTY TAXES
Parcel Number
79-06-02-302-001.000-023
Land Assessment
$0 CAD
Improvements Assessment
$1,916,765 CAD
Total Assessment
$1,916,765 CAD
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2833 US Highway 52 W
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