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3990 State Road 38 24,976 SF 94% Leased Retail Building Lafayette, IN 47905 $5,193,412 CAD ($207.94 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Zoning: General Business (GB) – broad use permissions (medical, office, retail/service, showroom, fitness, and more)
  • Access: Quick connections to I-65 & Veterans Memorial Pkwy
  • Interiors: Open, adaptable floor plan (private office/showroom buildouts feasible)
  • Visibility: Strong frontage and signage opportunities on SR-38
  • Parking: On-site surface parking
  • Area drivers: Dense rooftops, schools, employers, and daily-needs retail nearby

EXECUTIVE SUMMARY

Position your business on one of Lafayette’s busiest corridors. 3990 State Road 38 delivers excellent visibility, easy access, and prominent signage along a well-traveled commuter and retail route. The building features an efficient, open layout with ample natural light and surface parking. General Business (GB) zoning supports a wide range of uses—including medical/dental, professional office, service retail, showroom, fitness, and light flex—making this a versatile option for owner-occupants or tenants. Minutes to I-65, Veterans Memorial Parkway, and dense residential neighborhoods, the location puts you close to rooftops, employers, and daily-needs traffic.
Ideally positioned on SR-38 in Lafayette’s south/east trade area, the site benefits from steady traffic, strong nearby neighborhoods, and quick regional access via I-65 and Veterans Memorial Parkway—easy for customers and staff from across Tippecanoe County.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,976 SF
Building Class
B
Year Built
2007
Price
$5,193,412 CAD
Price Per SF
$207.94 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.07 AC
Zoning
GB - General Business
Parking
181 Spaces (7.25 Spaces per 1,000 SF Leased)
Frontage
489’ on State Road 38 East

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

We are an Independent Insurance Agency, which means we have made available some of our best companies for your insurance needs. We service the Lafayette, Remington, and Columbus areas and throughout the state of Indiana. At Underwood Insurance Agency, each one of our clients are given a dedicated team of agents that work together to proficiently address all your concerns. We offer all types of Personal Insurance coverages to our clients including Auto, Home, Life, Motorcycle, and Boat & Watercraft. Give our office a call to save money on your Business Insurance. Some of our Commercial Insurance coverages include Business Owners Policy (BOP), General Liability, Commercial Auto and Workers Compensation. We also offer Group Life and Group Health Insurance.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 4
  • 1,500 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
4 1,500 SF Retail In-Line Now

4

Size
1,500 SF
Space Use
Retail
Position
In-Line
Available
Now

NEARBY MAJOR RETAILERS

CrossFit
Ymca
Freddy's
Buffalo Wild Wings
Pay Less Super Markets
Snap Fitness 24/7
Pepe's Mexican Restaurants
Applebee's
Texas Roadhouse
West Side Tractor Sales

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-11-02-226-002.000-037
Land Assessment
$0 CAD
Improvements Assessment
$3,172,275 CAD
Total Assessment
$3,172,275 CAD
  • Listing ID: 38704067

  • Date on Market: 2025-12-09

  • Last Updated:

  • Address: 3990 State Road 38, Lafayette, IN 47905

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