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2141 Sagamore Pky S
Lafayette, IN 47905

$1,225,000 USD

General Retail For Sale  •  2,405 SF

Property Details

• Property Type General Retail
• Total Building Size 2,405 SF
• Lot Size 0.48 AC
• Building Class C
• Year Built 2016
• Cap Rate 6.65 %
• Tenancy Single

30 Transit Score

50 Walk Score

Highlights

Operates under a triple-net lease, whereas tenant reimburses landlord for CAM, Property Taxes and Insurance and landlord collects a 15% CAM Admin fee

Lease features rental increases in each of the remaining three, five-year renewal options

10 Yr operating history & site committment through recent renewal option

Located along Sagamore Parkway S, the main thoroughfare through Lafayette that experiences +/-30K VPD

Adjacent to the Tippecanoe Mall, an indoor regional mall and surrounded by numerous national retailers

Property Flyers

OM-Visionworks-Lafayette IN

Cap Rate:

6.65 %

Amenities

• Signage
• Tenant Controlled HVAC
• Wheelchair Accessible
• Air Conditioning
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lafayette Amtrak Station (Cardinal - Amtrak)	6 min	-	3.5 mi