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VASA Fitness 3825 South St 60,719 SF Retail Building Lafayette, IN 47905 $9,256,238 ($152.44/SF) 8% Cap Rate
Investment Highlights
- Health Rent & Low Price Point
- Prime Location in a Growing Market
- Established Fitness Brand Presence
- Strong Local Economy
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
60,719 SF
Building Class
B
Year Built/Renovated
1995/2019
Price
$9,256,238
Price Per SF
$152.44
Cap Rate
8%
NOI
$740,499
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
6.32 AC
Parking
486 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
334’ on South Street
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,370,400 | |
| Land Assessment | $1,746,800 | Total Assessment | $7,117,200 |
Property Taxes
Parcel Numbers
Land Assessment
$1,746,800
Improvements Assessment
$5,370,400
Total Assessment
$7,117,200
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VASA Fitness | 3825 South St
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