311 Sagamore Pky N - Storefront FOR SALE


Lafayette, IN 47905
$7,155,000 USD
949-345-0970
311 Sagamore Pky N, Lafayette, IN for Sale
$7,155,000 USD
Storefront - FOR SALE
1/6
null | 5.65% Cap Rate

311 Sagamore Pky N
Lafayette, IN 47905


HIGHLIGHTS

  • Investment Grade Tenant (S&P: A) – 2,350+ Locations
  • Triple Net (NNN) Lease – 4.4 Years Remaining Plus 4-5 Year Options
  • Only Home Depot in Lafayette – Retail Corridor Location
  • College Town Location - 8 Mins from Purdue University (57,000 Students)
  • Adjacent to Caterpillar Large Engine Center – 2,000 Employees
  • 55 Mins from Indianapolis, IN – 145K Residents in 5-Miles

OVERVIEW

The tenant, Home Depot U.S.A., Inc. is the world’s largest home improvement retailer with over 2,359 locations and an investment grade credit rating of S&P: A, Moody’s: A2.

FOR SALE DETAILS

PRICE

$7,155,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.29 AC

LAND SF

187,076 SF

ZONING

-

APN/PARCEL ID

79-07-22-451-010.000-004

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

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