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Lafayette Plaza 5074-5206 W 38th St
21,000 SF of Industrial Space Available in Indianapolis, IN 46254
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 21,000 SF | Negotiable | $14.17 CAD/SF/YR $1.18 CAD/SF/MO $152.58 CAD/m²/YR $12.71 CAD/m²/MO $24,806 CAD/MO $297,669 CAD/YR | Full Service |
5074-5150 W 38th St - 1st Floor
- Rate includes utilities, building services and property expenses
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.
SELECT TENANTS AT Lafayette Plaza
- Tenant
- Description
- US Locations
- Reach
- Factory Outlet Beauty Supply
- Health & Beauty Aids
- 2
- National
- Llantera Pacifico
- -
- 1
- -
- Planet Fitness
- Fitness
- 3,042
- International
| Tenant | Description | US Locations | Reach |
| Factory Outlet Beauty Supply | Health & Beauty Aids | 2 | National |
| Llantera Pacifico | - | 1 | - |
| Planet Fitness | Fitness | 3,042 | International |
PROPERTY FACTS FOR 5074-5206 W 38th St , Indianapolis, IN 46254
| Center Type | Community Center | Frontage | |
| Parking | 1,088 Spaces | Gross Leasable Area | 187,980 SF |
| Stores | 5 | Total Land Area | 13.65 AC |
| Center Properties | 5 | Year Built | 1994 |
| Center Type | Community Center |
| Parking | 1,088 Spaces |
| Stores | 5 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 187,980 SF |
| Total Land Area | 13.65 AC |
| Year Built | 1994 |
About the Property
This shopping plaza storefront provides an assortment of possibilities for companies wanting exposure and strong foot traffic in Lafayette. The location, which is situated within a lively business region, is suitable for retail stores, restaurants, fitness centers, and professional services. The surrounding area has a thriving mix of residential neighborhoods and commercial activity, attracting a diverse population keen to support local businesses. Seize this opportunity to establish yourself in an exciting neighborhood. Please contact us immediately to learn more about the potential of this great business property.
- Pylon Sign
Nearby Major Retailers
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Lafayette Plaza | 5074-5206 W 38th St
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