1250 S Creasy Ln 50,038 SF Flex Building Lafayette, IN 47905 $3,520,000 ($70.35/SF)

Steve Shook and Jim Pitoukkas of Shook Commercial Real Estate are proud to present the opportunity to sale or lease this attractive ~50,038 square foot metal industrial building located along well travelled Creasy Lane in Lafayette, IN. The seller’s business occupies approximately 1/3 of the building, their space is comprised of a mixture of office space, heated warehouse space, and outdoor space. The balance of the building is mostly office space today; however it can be converted to warehouse space. If the property is sold, the owner’s business will consider leasing back their space from the buyer on a short or longer term basis. The landlord reserves the right to quote rents according to the prospective tenant’s needs and proposal. Rental rates start at $7.25/sf plus NNN.
The immediate area offers a blend of residential, medical, and commercial uses, skewing more towards commercial and industrial. The subject property sits at the entrance to an industrial subdivision along Creasy Lane. Creasy Lane is a major commercial artery on Lafayette’s south/east side connecting State Roads 26 and 38. Approximately 20,000 cars per day pass by the site. Many regional, national, and local businesses can be found nearby.
The broader area, Lafayette, IN, offers a diversified economic base that is underpinned by advanced manufacturing, education, healthcare, logistics, technology, and professional service sectors. Major employers include Subaru, CAT, GE Aviation, Wabash, IU Health, Franciscan Health, Nanshan, and many more. Its proximity to Purdue University helps attract talent, innovation, and research-focused industries. Lafayette serves as a regional economic hub for Tippecanoe County and surrounding counties, drawing workers from across a wider labor market with access to nearby markets including Indianapolis and Chicago.