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3640 South St
Lafayette, IN 47905
NOODLES & COMPANY · Retail Property For Sale
Investment Highlights
- A Staple in American Fast-Casual – Noodles & Company was founded in 1995 and now has 410 locations throughout 30 different states.
- Attractive Lease Term – Property has ±9 years remaining on the lease providing the investor with long-term, passive income.
- Strong Retail Corridor and Vehicle Counts – South Street sees ±29,000 VPD and has multiple strong national tenants
- Attractive Rental Increase Structure – 9% rental increases every 5 years
- HWY 65 – The property is conveniently located off one of Indiana’s main thoroughfares, HWY 65 (sees ±46,235 VPD)
- Located Within 2 -Miles of Multiple Hotels – Holiday Inn Express & Suites, Comfort Inn Lafayette, and Staybridge Suites.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,245 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.56 AC
Zoning
C-1 - Commercial
Parking
27 Spaces (8.32 Spaces per 1,000 SF Leased)
Frontage
134’ on South St
Amenities
- Monument Signage
Property Taxes
| Parcel Number | 79-07-23-351-022.000-004 | Improvements Assessment | $1,123,900 |
| Land Assessment | $0 | Total Assessment | $1,123,900 |
Property Taxes
Parcel Number
79-07-23-351-022.000-004
Land Assessment
$0
Improvements Assessment
$1,123,900
Total Assessment
$1,123,900
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