2926 US 52 - Storefront FOR SALE


West Lafayette, IN 47906
$1,889,000 USD
404-441-3849
2926 US 52, West Lafayette, IN for Sale
$1,889,000 USD
Storefront - FOR SALE
1/7
null | 4.5% Cap Rate

2926 US 52
West Lafayette, IN 47906


HIGHLIGHTS

  • 2025 Construction | Absolute NNN Ground Lease with Corporate Guaranty
  • Recent Development Fuels Growth | Hub for New Investment
  • Outparcel to Menards & Meijer
  • Less than four miles from Purdue university
  • Boasts rent well below prevailing market rates, providing investors with future upside potential and a highly attractive acquisition basis PSF.

OVERVIEW

CBRE is pleased to exclusively offer for sale the 7,381 SF AutoZone situated on 1.24 AC in West Lafayette, IN - a component of the Lafayette, IN MSA (population - 220,000+). Recently constructed and opened, AutoZone’s absolute NNN ground lease features a corporate guaranty from AutoZone, Inc. (S&P: BBB) and ±19.6 years of term remaining with 8% rent increases every five years throughout the initial term and in each of the three, 5-year renewal options.

FOR SALE DETAILS

PRICE

$1,889,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoZone: West Lafayette, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,664 SF

ZONING

-

APN/PARCEL ID

79-06-02-151-012.000-029

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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