3450 State Road 38 E | Lafayette, IN 47905
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3450 State Road 38 E
Lafayette, IN 47905
Lafayette Marketplace I · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 85,012 +/- Square Foot Shopping Center Anchored by PetSmart, Staples, and Michaels
- Directly Shadow-Anchored by At Home | Publicly Traded (NYSE: “HOME”) | 115 Locations
- Excellent Value Add Opportunity | 88.71% Occupancy | Immediate Upside in Leasing Two Existing Vacancies
- Long Term Historical Occupancy with Recent Lease Extension for Anchor Tenants
- Additional Retail Traffic Drivers Include Tippecanoe Mall (JCPenney, Macy’s, Kohl’s, Dick’s), Wendy’s, Hooters, among Many Other National Brands
- 127,896 Residents within 5 Miles | 5- Mile Average HH Income: $65,800
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
85,012 SF
Building Class
B
Year Built/Renovated
1996/1998
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
9.60 AC
Zoning
Commercial
Parking
1,920 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
1,476’ on State Road 38
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,154,400 | |
| Land Assessment | $0 | Total Assessment | $7,154,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$7,154,400
Total Assessment
$7,154,400
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