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2833 US Highway 52 W

23,214 SF 100% Leased Retail Building West Lafayette, IN 47906 $7,943,925 CAD ($342 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Great tenant mix
  • Built-in rent escalation
  • Dynamic market
  • Staggered lease end dates
  • Strong anchors at the shared signalized intersection

EXECUTIVE SUMMARY

Introducing a prime investment opportunity in the heart of West Lafayette, this three building portfolio of retail properties comprise 23,214 SF of 100% leased commercial space. Constructed from 2017 through 2020, the property reflects contemporary design and functionality. Centrally located in the vibrant West Lafayette area and zoned for General Business, it offers a strategic advantage for retail and street retail endeavors. With a remarkable 100% occupancy rate, with many rental rates at the lower end of the market, the property presents a compelling investment prospect, showcasing strong tenant mix and long-term viability. Don't miss this chance to secure a coveted position in the thriving retail landscape of West Lafayette with significant barriers to entry for new retail development.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
23,214 SF
Year Built
2016
Price
$7,943,925 CAD
Price Per SF
$342 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
1.13 AC
Zoning
GB
Parking
62 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
219 ft on US 52

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning

NEARBY MAJOR RETAILERS

Freddy's
7 Brew Coffee
Starbucks
Meijer
Old National Bank
Snap Fitness 24/7
Wings Etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-06-02-302-001.000-023
Land Assessment
$0 CAD
Improvements Assessment
$1,949,906 CAD
Total Assessment
$1,949,906 CAD
  • Listing ID: 34950363

  • Date on Market: 2025-02-26

  • Last Updated:

  • Address: 2833 US Highway 52 W, West Lafayette, IN 47906

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