Golden Corral Lafayette Indiana

Highlights

• - Attractive 6.9% in-place cap rate
• - 5% in place percentage rent bonus, NOT calculated in the cap rate
• - 2 years remaining on current lease term
• - Two, 5-year lease extensions available
• - 5% rent increases for triggered extensions
• - Daily traffic count, 27,000

Description

ONE Street Commercial Properties in association with Bang Realty is excited to present this exceptional opportunity for NNN retail and restaurant investors in Lafayette, IN.

This 9,612 SF building, constructed in 2000, with Golden Corral as the current tenant offers a contemporary and visually appealing space perfectly suited for this retail and dining concept.. Its strategic location provides visibility and easy accessibility, ensuring a steady flow of potential customers. The well-maintained property features a flexible layout and ample parking on the 2.45 acre lot, delivering an inviting and convenient setting for businesses to thrive. With its modern construction and prime positioning, this turnkey property is poised to support and elevate a wide range of retail and culinary ventures, making it an ideal choice for investors looking to establish or expand their presence in Lafayette's dynamic market.

Immerse yourself in the vibrant surroundings of Lafayette, IN, near the property. The area offers close proximity to the Purdue University campus, providing access to a talented pool of potential employees and valuable research resources. Nearby, the Columbian Park Zoo and Wabash River provide opportunities for leisure and relaxation, complementing the professional atmosphere of the region. With a variety of dining, shopping, and entertainment options in the vicinity, the location promises to enrich the work-life balance for employees and tenants. This bustling area presents an attractive opportunity for office building investors seeking a strategic foothold in a dynamic business landscape, with ample amenities and attractions to support their ventures.

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