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AutoZone: West Lafayette, IN 2926 US 52 7,381 SF Retail Building West Lafayette, IN 47906 $2,582,358 CAD ($349.87 CAD/SF) 4.50% Cap Rate

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Investment Highlights

2025 Construction | Absolute NNN Ground Lease with Corporate Guaranty
Outparcel to Menards & Meijer
Boasts rent well below prevailing market rates, providing investors with future upside potential and a highly attractive acquisition basis PSF.

Recent Development Fuels Growth | Hub for New Investment
Less than four miles from Purdue university

Executive Summary

CBRE is pleased to exclusively offer for sale the 7,381 SF AutoZone situated on 1.24 AC in West Lafayette, IN - a component of the Lafayette, IN MSA (population - 220,000+). Recently constructed and opened, AutoZone’s absolute NNN ground lease features a corporate guaranty from AutoZone, Inc. (S&P: BBB) and ±19.6 years of term remaining with 8% rent increases every five years throughout the initial term and in each of the three, 5-year renewal options.