Shopping Strip
Arby's Towne Center
3209 Builder Dr, Lafayette, IN 47909
Listing Price: $5,500,000
Cap Rate
6.66%
Gross SF
13,089
Rentable SF
13,089
Price/Gross SF
$420.20
Lot Size
1.75 acres
Year Built
2018
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale the Arby's Towne Center in Lafayette, IN.
Investment Highlights
- DOUBLE DRIVE-THRU STRIP CENTER
- LONG-TERM NEW LEASES
- EXCELLENT WEIGHTED AVERAGE LEASE TERM (WALT)
- SCHEDULED RENTAL INCREASES
- LANDLORD-FRIENDLY NNN STRUCTURE
- NEWER CONSTRUCTION BUILDING IN EXCELLENT CONDITION
Listing Price: $5,500,000
Cap Rate
6.66%
Gross SF
13,089
Rentable SF
13,089
Price/Gross SF
$420.20
Lot Size
1.75 acres
Year Built
2018
Investment Highlights
- DOUBLE DRIVE-THRU STRIP CENTER
- LONG-TERM NEW LEASES
- EXCELLENT WEIGHTED AVERAGE LEASE TERM (WALT)
- SCHEDULED RENTAL INCREASES
- LANDLORD-FRIENDLY NNN STRUCTURE
- NEWER CONSTRUCTION BUILDING IN EXCELLENT CONDITION
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale the Arby's Towne Center in Lafayette, IN.