Log In/Sign Up
Your email has been sent.
Village Pantry Convenience Store 2450 Sagamore Pkwy N 2,000 SF Retail Building Lafayette, IN 47904 $2,160,000 ($1,080/SF) 2.96% Cap Rate
Investment Highlights
- High-visibility gas station / convenience store property on Sagamore Parkway North
- In-place income opportunity with reported lease term through June 2027
- Dense surrounding trade area with nearly 80,000 residents within 3 miles
- Established retail fuel location with existing Marathon / Village Pantry operating presence
- Strong corridor exposure with convenient access for daily commuter and neighborhood traffic
- Single-tenant retail investment with potential long-term repositioning or continued fuel/convenience use
Executive Summary
Established retail fuel location with existing Marathon / Village Pantry operating in the intersection of US-52 & US-25
Daily Traffic Count US-52 - 24,529, Daily Traffic County US-25 – 22,571, Monthly visits – 173,500 (Placer Data)
High-visibility gas station / convenience store property on Sagamore Parkway North
In-place income opportunity with reported lease term through June 2027
Strong corridor exposure with convenient access for daily commuter and neighborhood traffic
Dense surrounding trade area with nearly 80,000 residents within 3 miles
Located in the growing Lafayette / West Lafayette market, supported by Purdue University and regional economic development, including the upcoming $4 billion SK Hynix semiconductor factory and other major projects.
Single-tenant retail investment with NNN lease
Daily Traffic Count US-52 - 24,529, Daily Traffic County US-25 – 22,571, Monthly visits – 173,500 (Placer Data)
High-visibility gas station / convenience store property on Sagamore Parkway North
In-place income opportunity with reported lease term through June 2027
Strong corridor exposure with convenient access for daily commuter and neighborhood traffic
Dense surrounding trade area with nearly 80,000 residents within 3 miles
Located in the growing Lafayette / West Lafayette market, supported by Purdue University and regional economic development, including the upcoming $4 billion SK Hynix semiconductor factory and other major projects.
Single-tenant retail investment with NNN lease
Data Room Click Here to Access
- Offering Memorandum
- Market Information
- Operating and Financials
- Tank Data
- Lease Information
Property Facts
Sale Type
Investment NNN
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Service Station
Building Size
2,000 SF
Building Class
C
Year Built
1980
Price
$2,160,000
Price Per SF
$1,080
Cap Rate
2.96%
NOI
$64,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.78 AC
Zoning
452 - The 452 zoning category typically includes: Fuel Sales, Automotive Services, Retail Sales,Car Wash Facilities (Conditional).
Amenities
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
Village Pantry is a convenience store brand integrated into GPM Investments’ extensive network of over company-operated locations across the U.S. The brand offers a mix of groceries, snacks, beverages, fuel services, and quick-service food options.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 0000 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 79-07-16-832-027.000-004 | Improvements Assessment | $641,500 |
| Land Assessment | $0 | Total Assessment | $641,500 |
Property Taxes
Parcel Number
79-07-16-832-027.000-004
Land Assessment
$0
Improvements Assessment
$641,500
Total Assessment
$641,500
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Village Pantry Convenience Store | 2450 Sagamore Pkwy N