212-369-1800
311 Sagamore Pky N, Lafayette, IN for Sale
Storefront - FOR SALE
1/8
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311 Sagamore Pky N
Lafayette, IN 47904


HIGHLIGHTS

  • Prime location along Lafayette’s busiest commercial corridor.
  • Excellent visibility and signage opportunities on Sagamore Parkway.
  • Convenient access to US-52 and I-65 for regional connectivity.
  • Surrounded by strong retail co-tenancy and residential density.

OVERVIEW

Auction Details Auction Date: Thursday, February 19th, 2026 at 2:30 PM Bid Deadline: Tuesday, February 17th, 2026 by 5:00 PM Property Snapshot - A 98,534 SF shopping center anchored by Dollar Tree and co-anchored by Bealls, with Home Depot serving as a shadow anchor. The property generates a stable contractual income stream supported by a diverse tenant roster with well-staggered lease expirations, resulting in a weighted average lease term (WALT) of 6.5 years. - No single tenant accounts for more than 23% of total in-place revenue. Dollar Tree, an investment-grade national retailer, is the center’s largest income contributor with a lease expiration in 2036. Bealls, the co-anchor, delivers a strong and consistent traffic draw with a lease term extending through 2034. - Future lease-up of the 37,814 SF of the remaining vacant big-box and smaller retail spaces will further diversify the income stream and offer significant upside potential. - Highly visible corner location on the signalized intersection of Sagamore and South Street. - Additional traffic light at entrance on Sagamore Pkwy N. - Location benefits from strong retail synergy, including The Target, Lowe’s, an IMAX theater, and multiple national restaurants. - Multiple access points and two pylon signs.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

914

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

79-07-22-451-009.000-004

ASK ABOUT THIS PROPERTY

Greg CorbinNorthgate Real Estate GroupMore Info
212-369-1800

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Greg CorbinNorthgate Real Estate GroupMore Info
212-369-1800

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