3437 South St - Storefront FOR SALE


Lafayette, IN 47905
$4,500,000 USD
765-631-4039
3437 South St, Lafayette, IN for Sale
$4,500,000 USD
Storefront - FOR SALE
1/12
null | 5.38% Cap Rate

3437 South St
Lafayette, IN 47905


HIGHLIGHTS

  • Heavy traffic

OVERVIEW

The Marquis Group at Keller Williams Commercial is proud to present 3437 South St in Lafayette, IN. This prime investment opportunity sits on one of the busiest roads in the region surrounded by national tenants. Tippecanoe County is experiencing incredible growth, and this property is situated just down the road from CAT and their $725 M expansion. Tippecanoe County is home to Purdue University, and the $4 B SK Hynix semi conductor plant currently being built. This building was meticulously renovated into its current use in 2021, and is a premier location for body repair. The Triple net lease offers easy ownership. Total net income will increase to $264,384 in Oct 2026. The tenant is a large regional operator with about 15 locations.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

5.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,467 SF

ZONING

General Business

APN/PARCEL ID

79-07-27-201-007.000-004

ASK ABOUT THIS PROPERTY

C. Andrew WalgamuthKW Commercial LafayetteMore Info
765-631-4039

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C. Andrew WalgamuthKW Commercial LafayetteMore Info
765-631-4039

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