3007 Builder Dr
Lafayette, IN 47909
Starbucks | New Construction · Retail Property For Sale

Baum Realty Group, LLC has been exclusively retained by ownership to sell a newly constructed freestanding Starbucks property located in Lafayette, Indiana. Lafayette is home to Purdue University, which has enrollment of over 41,500 students and generates over $2.1 billion in local economic activity every year. The building features first-class 2018 construction with Starbucks latest branding design and includes a drive-thru window and outdoor patio. The site is strategically located across from Walmart Supercenter, with frontage along Veterans Memorial Parkway and exposure to over 28,000 vehicles per day. Starbucks is centrally located within the sub-market and benefits from the strong consumer draw of Walmart Supercenter, located just to the southeast of the subject property. Other nearby national retailers include: CVS, O’Reilly Auto Parts, Advance Auto Parts, ATI Physical Therapy, Verizon, AT&T, McDonald’s, Burger King, Arby’s, KFC, Wendy’s, Subway, among others. There are 49,751 residents within 3 miles of the property, a 41% increase since 2000. The population in this area is projected to grow another 6.5% in the 5 years. Lafayette MSA encompasses 218,000 residents, a 28% increase since 2000 with a projected growth of 6.2% in the next 5 years. Additionally, Lafayette’s unemployment rate is 3.1%, approximately 32% below the national average.