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Retail Space in Walmart-Shadowed Shopping Center
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200-490 Commerce Dr, Lafayette, IN 47905

Inline space and outlot are available in a Walmart-shadowed shopping center at I-65 and State Road 26.

Property Size8,000 SF
Days on Market552

Property Features for 200-490 Commerce Dr

General Information

Standard status Active
Size 8,000 SF
Property subtype RETAIL
Listing Agency: Sandor/Sand Capital - Corporate
Listed By: Andrew Hasbrook
Source: Moodyscre
Added: Jan 24, 2025 Changed: Jul 30 Last Checked: Jul 30 at 11:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sandor/Sand Capital - Corporate

Investment Insights

Based on property information with market context.

Available retail space within a shopping center shadow-anchored by a Walmart Supercenter (225,000 SF). The center offers both inline space and an outlot opportunity, providing flexibility for a variety of retail concepts. The available space is 8,000 SF.

The property is positioned at I-65 and State Road 26 at 200-490 Commerce Dr in Lafayette, Indiana. It sits on a key commuter and retail corridor, with daily traffic counts of 31,665 on State Road 26 and 49,645 on I-65. The site is also approximately five miles from Purdue University (45,869 students).

With strong interstate and state-route access and proximity to a major university, this center can support retail tenancy that benefits from consistent drive-by traffic and neighborhood shopping needs.

Key Highlights

  • Shadow‑anchored by Walmart Supercenter (225,000 SF)
  • Inline space and outlot available
  • 8,000 SF available retail space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47905, IN

41,787
Population
18,309
Households
2.3
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
120.4 sq mi
ZIP Area
347
Density / Sq Mi
$63,115
Median Household Income
$41,595
Median Earnings
$1,101
Median Rent
$215,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Lafayette Pavilions — 200 S Creasy Ln, Lafayette, IN 47905

Frequently Asked Questions

What type of property is this?
Shopping center - Inline space and outlot are available in a Walmart-shadowed shopping center at I-65 and State Road 26.
Where is this shopping center located?
The property is located at 200-490 Commerce Dr Lafayette, IN.
What are key features of this property?
This property features: Shadow‑anchored by Walmart Supercenter (225,000 SF); Inline space and outlot available; 8,000 SF available retail space
(317) 524-7868 Call to check price and availability
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