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109 Beck Lane - Beck Center - Beck Plaza, Lafayette, IN

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DetailMap
109 Beck Lane - Beck Center - Beck Plaza

Int. Old US 31 & Beck Lane
Lafayette, IN 47909-2844


Property Type:Retail Sub Type:- Status:Existing Year Built:2004
Building Size:41,200 SF Land Area:11.85 AC (516,186 SF)
% Leased:
For Sale Price:$4,685,000 Price/SF:$113.71
Cap Rate:7.63 %
Smallest Space:1,200 SF Largest Space:2,200 SF Total Space Avail:6,616 SF Rent/SF/Yr:
Negotiable
Features:Pylon Sign, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,200 SF
Negotiable
Vacant
Negotiable
Retail
 1st
1,600 SF
Negotiable
Vacant
Negotiable
Retail
 1st
1,616 SF
Negotiable
Vacant
Negotiable
Retail
 1st
2,200 SF
Negotiable
Vacant
Negotiable
Retail
 
8197626
4706021
10723438
2453083


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,200 SF
Negotiable
Vacant
Negotiable
Retail
1st
1,600 SF
Negotiable
Vacant
Negotiable
Retail
1st
1,616 SF
Negotiable
Vacant
Negotiable
Retail
1st
2,200 SF
Negotiable
Vacant
Negotiable
Retail
Beck Plaza serves the rapidly growing south side of Lafayette, Indiana. It offers prime retail space finished in an exciting brick and stucco design with soaring canopy elevations providing unmatched visibility.

Seven exceptional outlots are available and offer prime visability and easy access for area residents, making Beck Plaza an ideal location for bank branches, restaurants and other service providers.

Sale Notes:
Grocery / Kroger (NAP) shadow anchored center. 54% national brand tenants. Value -Add opportunity / 16% current vacancy and 3.31 acres of developable out-parcel land. Low cost PSF at $114 / below replacement cost. High cash on cash return / currently at 10.51% (growing to over 15% when center is stabilized). Open to new financing. Strong demographic trade area / over 127,000 people w/in 5 miles. Close Proximity to Purdue University.

Faris Lee Investments
Jeff Conover
(949) 221-1810

Gene Ventura
(949) 221-1801


Urbahns Co. Inc.
Ed Bonacker
(317) 595-8600 x3



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