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Land For Lease • 43,560+ SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| Unkwn Floor Ste | - | 1-3.02 AC | $150,000.00 USD/AC/YR | |
Outstanding opportunity at one of the most highly traveled intersections in Tippecanoe County! This 3.02-acre tract of land is available for lease in 1-acre increments, offering flexibility for your development needs. The property owner will handle the demolition of existing structures, providing a clean, build-ready site for the prospective tenant. With its prime location and significant traffic counts, this property is ideal for retail, commercial, or service-oriented developments.The initial lease term is 10 years, with a starting rate of $150,000 per acre and a 2% annual escalation. This corner parcel offers developers and tenants a rare opportunity to secure a prominent position in one of Tippecanoe County’s most active commercial zones.
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Situated at the northeast corner of US Highway 52 and State Road 38, this property enjoys unparalleled visibility and accessibility in Lafayette, IN. The site sees a combined traffic volume of 38,948 vehicles daily, with 13,586 on SR 38 and 25,362 on US 52. This prime corner location ensures excellent exposure to potential customers in a thriving commercial corridor.
| Prime Location: High-visibility corner at US Hwy 52 & SR 38 |
| Traffic Counts: 38,948 vehicles per day pass this site |
| Flexible Leasing Options: Offered in 1-acre increments |
| Build-Ready: The property owner will prepare the site for construction by removing existing structures |
| Long-Term Opportunity: 10-year initial lease term with annual 2% rate increases |
| Zoning: Suitable for fast food, retail, commercial, or service-oriented uses |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Lafayette Amtrak Station (Cardinal - Amtrak) | 5 min | - | 3.3 mi |
Brad Neihouser
Coldwell Banker Shook
Brad Neihouser
Coldwell Banker Shook
