2450 Sagamore Pkwy N - Service Station FOR SALE


Lafayette, IN 47904
$2,160,000 USD
317-400-0000
2450 Sagamore Pkwy N, Lafayette, IN for Sale
$2,160,000 USD
Service Station - FOR SALE
1/1
null | 2.96% Cap Rate

2450 Sagamore Pkwy N
Lafayette, IN 47904


HIGHLIGHTS

  • High-visibility gas station / convenience store property on Sagamore Parkway North
  • Established retail fuel location with existing Marathon / Village Pantry operating presence
  • In-place income opportunity with reported lease term through June 2027
  • Strong corridor exposure with convenient access for daily commuter and neighborhood traffic
  • Dense surrounding trade area with nearly 80,000 residents within 3 miles
  • Single-tenant retail investment with potential long-term repositioning or continued fuel/convenience use

OVERVIEW

Established retail fuel location with existing Marathon / Village Pantry operating in the intersection of US-52 & US-25 Daily Traffic Count US-52 - 24,529, Daily Traffic County US-25 – 22,571, Monthly visits – 173,500 (Placer Data) High-visibility gas station / convenience store property on Sagamore Parkway North In-place income opportunity with reported lease term through June 2027 Strong corridor exposure with convenient access for daily commuter and neighborhood traffic Dense surrounding trade area with nearly 80,000 residents within 3 miles Located in the growing Lafayette / West Lafayette market, supported by Purdue University and regional economic development, including the upcoming $4 billion SK Hynix semiconductor factory and other major projects. Single-tenant retail investment with NNN lease

FOR SALE DETAILS

PRICE

$2,160,000 USD

PRICE/SF

$1,080 USD /SF

CAP RATE

2.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Pantry Convenience Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

452

APN/PARCEL ID

79-07-16-832-027.000-004

ASK ABOUT THIS PROPERTY

Jim SmillieGolars Real EstateMore Info
317-400-0000

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Jim SmillieGolars Real EstateMore Info
317-400-0000

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