3007 Builder Dr - Freestanding FOR SALE
Lafayette, IN 47909 |
3007 Builder Dr
Lafayette, IN 47909
HIGHLIGHTS
- Investment Grade Credit Guarantor – Starbucks is rated BBB+ on the S&P.
- Upcoming Rental Increase – 7.5% rental increase to come in 6/01/2023 bringing the cap rate to 6.21%
- New Construction – This Starbucks location was recently constructed in 2018 and built specifically for Starbucks.
- Prime Corridor – Situated on a high traffic street and across from a Walmart Supercenter
- Population and Household Growth – Significant population growth projections over the next 5 years in a 1, 3, and 5-mile radius.
- Well Positioned – Strategically positioned directly across from a 268 unit apartment development on Veterans Memorial Pkwy S which is a main artery
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Starbucks
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
2321
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
23
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
79-11-10-151-013.000-033
