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Lafayette MarketPlace 3500 State Road 38 E 1,500 - 11,800 SF of Retail Space Available in Lafayette, IN 47905

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HIGHLIGHTS

  • Shopping Center with Anchor Tenant
  • Substantial Parking
  • National Tenants

SPACE AVAILABILITY (6)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 107
  • 1,600 SF
  • Negotiable
  • $18.25 /SF/YR $1.52 /SF/MO $29,200 /YR $2,433 /MO
  • Triple Net (NNN)
3500 State Road 38 - 1st Floor - Ste 107
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This versatile commercial unit becomes available October 1, 2025, at a competitive rate of $2,450/month ($18.38 SF/NNN, Yr 1). Ideal for retail, office, studio, or service-based businesses. Space is approximately 20' W x 80'D. Base Rent increases 2% Annually.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Security System
  • Drop Ceilings
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Smoke Detector
  • Wheelchair Accessible
  • Great size near Michaels!
  • 1st Floor, Ste 203
  • 1,600 SF
  • Negotiable
  • $13.20 /SF/YR $1.10 /SF/MO $21,120 /YR $1,760 /MO
  • Triple Net (NNN)
3540 State Road 38 E - 1st Floor - Ste 203
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Drop Ceilings
  • Secure Storage
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Demised WC facilities
  • Wheelchair Accessible
  • 1st Floor, Ste 302
  • 2,400 SF
  • Negotiable
  • $12.00 /SF/YR $1.00 /SF/MO $28,800 /YR $2,400 /MO
  • Triple Net (NNN)
3540 State Road 38 E - 1st Floor - Ste 302
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Excellent restaurant opportunity. Space has cooler and hood. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 600A
  • 2,400 SF
  • Negotiable
  • $16.03 /SF/YR $1.34 /SF/MO $38,472 /YR $3,206 /MO
  • Triple Net (NNN)
3540 State Road 38 E - 1st Floor - Ste 600A
Space Use
Retail
Condition
Shell Space
Availability
Now

Owner to provide White Box Finish within this price. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Drop Ceilings
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Demised WC facilities
  • Smoke Detector
  • Wheelchair Accessible
  • One off corner at SR 38
  • 1st Floor, Ste 600C
  • 2,300 SF
  • Negotiable
  • $16.70 /SF/YR $1.39 /SF/MO $38,410 /YR $3,201 /MO
  • Triple Net (NNN)
3540 State Road 38 E - 1st Floor - Ste 600C
Space Use
Retail
Condition
Shell Space
Availability
30 Days

$2,875/month. Owner to provide White Box finish within stated pricing. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • Drop Ceilings
  • After Hours HVAC Available
  • Smoke Detector
  • Direct visibility to SR 38
  • 1st Floor, Ste 702
  • 1,500 SF
  • Negotiable
  • $18.38 /SF/YR $1.53 /SF/MO $27,570 /YR $2,298 /MO
  • Triple Net (NNN)
3540 State Road 38 E - 1st Floor - Ste 702
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

$2,800/Mo. Owner to provide handicap restroom within stated pricing. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Private Restrooms
  • Drop Ceilings
  • Emergency Lighting
  • After Hours HVAC Available
  • Smoke Detector
  • $2,800/Mo.
Space Size Term Rental Rate Rent Type
1st Floor, Ste 107 1,600 SF Negotiable $18.25 /SF/YR $1.52 /SF/MO $29,200 /YR $2,433 /MO Triple Net (NNN)
1st Floor, Ste 203 1,600 SF Negotiable $13.20 /SF/YR $1.10 /SF/MO $21,120 /YR $1,760 /MO Triple Net (NNN)
1st Floor, Ste 302 2,400 SF Negotiable $12.00 /SF/YR $1.00 /SF/MO $28,800 /YR $2,400 /MO Triple Net (NNN)
1st Floor, Ste 600A 2,400 SF Negotiable $16.03 /SF/YR $1.34 /SF/MO $38,472 /YR $3,206 /MO Triple Net (NNN)
1st Floor, Ste 600C 2,300 SF Negotiable $16.70 /SF/YR $1.39 /SF/MO $38,410 /YR $3,201 /MO Triple Net (NNN)
1st Floor, Ste 702 1,500 SF Negotiable $18.38 /SF/YR $1.53 /SF/MO $27,570 /YR $2,298 /MO Triple Net (NNN)

3500 State Road 38 - 1st Floor - Ste 107

Size
1,600 SF
Term
Negotiable
Rental Rate
$18.25 /SF/YR $1.52 /SF/MO $29,200 /YR $2,433 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This versatile commercial unit becomes available October 1, 2025, at a competitive rate of $2,450/month ($18.38 SF/NNN, Yr 1). Ideal for retail, office, studio, or service-based businesses. Space is approximately 20' W x 80'D. Base Rent increases 2% Annually.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Security System
  • Drop Ceilings
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Smoke Detector
  • Wheelchair Accessible
  • Great size near Michaels!

3540 State Road 38 E - 1st Floor - Ste 203

Size
1,600 SF
Term
Negotiable
Rental Rate
$13.20 /SF/YR $1.10 /SF/MO $21,120 /YR $1,760 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Drop Ceilings
  • Secure Storage
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Demised WC facilities
  • Wheelchair Accessible

3540 State Road 38 E - 1st Floor - Ste 302

Size
2,400 SF
Term
Negotiable
Rental Rate
$12.00 /SF/YR $1.00 /SF/MO $28,800 /YR $2,400 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Excellent restaurant opportunity. Space has cooler and hood. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition

3540 State Road 38 E - 1st Floor - Ste 600A

Size
2,400 SF
Term
Negotiable
Rental Rate
$16.03 /SF/YR $1.34 /SF/MO $38,472 /YR $3,206 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Owner to provide White Box Finish within this price. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Drop Ceilings
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Demised WC facilities
  • Smoke Detector
  • Wheelchair Accessible
  • One off corner at SR 38

3540 State Road 38 E - 1st Floor - Ste 600C

Size
2,300 SF
Term
Negotiable
Rental Rate
$16.70 /SF/YR $1.39 /SF/MO $38,410 /YR $3,201 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
30 Days

$2,875/month. Owner to provide White Box finish within stated pricing. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • Drop Ceilings
  • After Hours HVAC Available
  • Smoke Detector
  • Direct visibility to SR 38

3540 State Road 38 E - 1st Floor - Ste 702

Size
1,500 SF
Term
Negotiable
Rental Rate
$18.38 /SF/YR $1.53 /SF/MO $27,570 /YR $2,298 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

$2,800/Mo. Owner to provide handicap restroom within stated pricing. Base Rent increases 2% annually.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning
  • Private Restrooms
  • Drop Ceilings
  • Emergency Lighting
  • After Hours HVAC Available
  • Smoke Detector
  • $2,800/Mo.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

SELECT TENANTS AT LAFAYETTE MARKETPLACE

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • At Home
  • Home Accessories
  • 260
  • National
  • Dollar Tree
  • Dollar/Variety/Thrift
  • 10,426
  • International
  • Get Air Trampoline Park
  • Other Services
  • 78
  • International
  • Great Clips
  • Salon/Barber/Spa
  • 6,156
  • International
  • H&R Block
  • Acctg/Tax Prep
  • 13,520
  • International
  • Massage Envy
  • Massage
  • 1,414
  • National
TENANT DESCRIPTION US LOCATIONS REACH
At Home Home Accessories 260 National
Dollar Tree Dollar/Variety/Thrift 10,426 International
Get Air Trampoline Park Other Services 78 International
Great Clips Salon/Barber/Spa 6,156 International
H&R Block Acctg/Tax Prep 13,520 International
Massage Envy Massage 1,414 National

PROPERTY FACTS

Total Space Available 11,800 SF
Center Type Power Center
Parking 2608 Spaces
Stores 38
Center Properties 5
Frontage 1,300’ on State Road 38
Gross Leasable Area 329,492 SF
Total Land Area 42.07 AC
Year Built 1996
Cross Streets S.R. 38 E. & McCarthy Ln.

ABOUT THE PROPERTY

Revitalized retail center with affordable spaces available ranging in size from 1,600-2,900 SF. Join a center with amazing, national co-tenants including Dollar Tree, Michael's, Staples, PetSmart, Noble Romans, H&R Block, and many more! Lafayette Marketplace is located in one of Lafayette's largest retail corridors. Sharing an intersection with the Tippecanoe Mall with convenient access to US-52 and SR 38. Considering the mix of tenants and ideal location, Lafayette Marketplace is an incredible opportunity for retail and office users alike.

  • Signage
  • Tenant Controlled HVAC

NEARBY MAJOR RETAILERS

La Bamba
Starbucks
Planet Fitness
7 Brew Coffee
Applebee's
Texas Roadhouse
First Merchants Bank
Pepe's Mexican Restaurants
Mcalister's Deli
HuHot Mongolian Grills
  • Listing ID: 27778724

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 3500 State Road 38 E, Lafayette, IN 47905

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