2306 IFCU way - Auto Dealership FOR SALE


Lafayette, IN 47909
$3,600,000 USD
765-427-2047
2306 IFCU way, Lafayette, IN for Sale
$3,600,000 USD
Auto Dealership - FOR SALE
1/81
null | Request Cap Rate

2306 IFCU way
Lafayette, IN 47909


HIGHLIGHTS

  • Turnkey automotive business opportunity
  • Sales building features a flexible layout that can suit a variety of users
  • Proven location with great visibility

OVERVIEW

Dustin Zufall and Jim Pitoukkas are proud to present this exceptional opportunity to purchase the real estate occupied by one of the region’s most successful independent used car dealerships.  The dealership has offered the community quality late model vehicles and service for over two decades.  The offering presents a buyer the opportunity to either operate a similar business, redevelop, or lease the real estate to a new operator.  The sales office building features a well-appointed lobby and administrative area, eleven generously sized private offices, a kitchenette, two restrooms, ample parking, and a covered outdoor break area.  The five bay automotive shop building features three large offices, two restrooms, a detail shop with two overhead doors and storage mezzanine area, a three-bay mechanic shop with one pass-thru door, and one wash bay complete with reverse osmosis system.  Equipment including a tire machine, air compressors, and lifts available separately.  All bays are plumbed for oil and feature central air compressors.  Three buildings on approximately 5 acres.  The sales office, approximately 2,800 square feet, lies on approximately 1.04 acres.  The 5 bay auto service building, approximately 7,100 square feet, lies on 0.79 acres.  The balance of the land consists of paved car lots lying north of IFCU Way.  IFCU Way is a private drive with public access easements in place, and shall be conveyed with the sale. Sale Price: $3,600,000 (properties available separately) Frontage lots and buildings: $2,600,000 Paved lots north of IFCU Way: $1,000,000 The subject property is located on the south side of Lafayette, IN, an area exploding with growth.  Major employers in the vicinity include GE Aerospace, Wabash, CAT, Nanshan, Subaru, and many others.  The property lies along well-travelled Veterans Memorial Parkway South, with over 16,000 vehicles per day passing by.  Prominent retailers within one mile of the subject property include Walmart, Starbucks, Dominos, Chipotle, Arby’s, Autozone, and many more.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$973 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

-

APN/PARCEL ID

79-11-09-277-006.000-032

ASK ABOUT THIS PROPERTY

Dustin ZufallShook Commercial Real EstateMore Info
765-427-2047

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Dustin ZufallShook Commercial Real EstateMore Info
765-427-2047

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.