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3410-3416 SR 38 E 3410 State Road 38 E 1 - 3.02 Acres of Commercial Land for Lease in Lafayette, IN 47905

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HIGHLIGHTS

  • Prime Location: High-visibility corner at US Hwy 52 & SR 38
  • Flexible Leasing Options: Offered in 1-acre increments
  • Long-Term Opportunity: 10-year initial lease term with annual 2% rate increases
  • Traffic Counts: 38,948 vehicles per day pass this site
  • Build-Ready: The property owner will prepare the site for construction by removing existing structures
  • Zoning: Suitable for fast food, retail, commercial, or service-oriented uses

LOT AVAILABLE

Display Rental Rate as

Rental Rate
  • $3.44 /SF/YR
  • $0.29 /SF/MO
  • $452,999 /YR
  • $37,750 /MO
Lease Term 10 Years
Lot Size 1.00 - 3.02 AC

Outstanding opportunity at one of the most highly traveled intersections in Tippecanoe County! This 3.02-acre tract of land is available for lease in 1-acre increments, offering flexibility for your development needs. The property owner will handle the demolition of existing structures, providing a clean, build-ready site for the prospective tenant. With its prime location and significant traffic counts, this property is ideal for retail, commercial, or service-oriented developments.The initial lease term is 10 years, with a starting rate of $150,000 per acre and a 2% annual escalation. This corner parcel offers developers and tenants a rare opportunity to secure a prominent position in one of Tippecanoe County’s most active commercial zones.

PROPERTY OVERVIEW

Situated at the northeast corner of US Highway 52 and State Road 38, this property enjoys unparalleled visibility and accessibility in Lafayette, IN. The site sees a combined traffic volume of 38,948 vehicles daily, with 13,586 on SR 38 and 25,362 on US 52. This prime corner location ensures excellent exposure to potential customers in a thriving commercial corridor.

PROPERTY FACTS

Total Space Available 3.02 AC
Min. Divisible 1.00 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Listing ID: 34159499

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 3410 State Road 38 E, Lafayette, IN 47905

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