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308 N 4th St 2,073 SF of Retail Space Available in Lafayette, IN 47901
Highlights
- Downtown Lafayette location
- High visibility and traffic area
- Accessible parking nearby
- Near Purdue University
- Walkable to shops, dining, and services
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,073 SF | Negotiable | $10.91 CAD/SF/YR $0.91 CAD/SF/MO $22,625 CAD/YR $1,885 CAD/MO | Modified Gross |
1st Floor
Welcome to 308 N 4th St, a lower-level commercial offering a flexible layout that would be suitable for a variety of uses. This space previously operated as a martial arts studio for over 20 years, and features a large open area ideal for fitness, office, or creative businesses. The layout allows for easy customization with room for group activities or workspace buildout. Includes a private restroom and storage areas. Direct street-level access provides convenience for clients and staff.
- Listed rate may not include certain utilities, building services and property expenses
- Open floor plan with large usable area
- Ideal for fitness, office, or retail use
- Great for group activities or open concept spaces
- Private restroom and storage space
- Dedicated entry with stair access
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.
Property Facts
| Total Space Available | 2,073 SF | Gross Leasable Area | 10,625 SF |
| Property Type | Retail | Year Built | 1893 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,073 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 10,625 SF |
| Year Built | 1893 |
About the Property
Situated in downtown Lafayette, this space offers direct access to a mix of retail, dining, and professional services. The location benefits from steady foot and vehicle traffic in a well-established commercial corridor. The close proximity to Purdue University presents the opportunity for a diverse customer base. Walkability and nearby parking add convenience for visitors and employees. This central location is ideal for businesses looking to be part of Lafayette’s growing downtown scene.
Nearby Major Retailers
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308 N 4th St
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