2141 Sagamore Pky S - Retail FOR SALE
Lafayette, IN 47905 |
2141 Sagamore Pky S
Lafayette, IN 47905
HIGHLIGHTS
- Operates under a triple-net lease, whereas tenant reimburses landlord for CAM, Property Taxes and Insurance and landlord collects a 15% CAM Admin fee
- Located along Sagamore Parkway S (30K VPD), adjacent to the Tippecanoe Mall, an indoor regional mall and surrounded by numerous national retailers
- Major retailers close by: BestBuy, Menards, Texas Roadhouse, Planet Fitness, Dunkin, Arby’s, Starbucks, McDonald’s, Dick’s Sporting Goods, Kohl’s
- Visionworks exercised their first renewal option early showing strong commitment to the subject site
- Lafayette is driven by a combination of major economic drivers: Purdue University (Big Ten University) and major employers Subaru & Caterpillar
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Visionworks
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Freestanding, Storefront, Department Store
TOTAL BUILDING SIZE
2405
STORIES
1
YEAR BUILT
2016
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
79-07-34-252-005.000-005
