Freestanding Retail Store with
For Sale
Contact for pricing
Pending
3859 South St, Lafayette, IN 47905
Single-tenant furniture gallery includes dedicated retail and warehouse areas with a proposed long-term NNN leaseback.
Property SizeContact for details
Lot Size1.32 Acres
Days on Market141
Property Features for 3859 South St
General Information
Standard status
Pending
Lot size
1.32 Acres
Property subtype
Retail
Additional Details
Warehouse Space
18,333 SF
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Savills Los Angeles (Downtown)
Listed By:
Ryan Knowles · License #CA 02042188
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 9:02PM
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 Savills Los Angeles (Downtown)
Investment Insights
Based on property information with market context.
The property is a freestanding, single-tenant retail facility occupied and operated as a La-Z-Boy furniture gallery. It contains 18,333 square feet of retail space along with a separate 18,333-square-foot warehouse component, situated on 1.32 acres. The building configuration combines customer-facing showroom use with on-site storage and distribution space.
Located at 3859 South St in Lafayette, Indiana, the property is structured for a sale-leaseback transaction. The current franchisee intends to lease the premises following closing under a proposed 15-year agreement at market rents. Lease terms include 2% annual increases and a triple-net structure, with the tenant responsible for the property’s operating expenses as provided by the lease.
Located at 3859 South St in Lafayette, Indiana, the property is structured for a sale-leaseback transaction. The current franchisee intends to lease the premises following closing under a proposed 15-year agreement at market rents. Lease terms include 2% annual increases and a triple-net structure, with the tenant responsible for the property’s operating expenses as provided by the lease.
Key Highlights
- Freestanding, single‑tenant La‑Z‑Boy furniture gallery
- 18,333 square feet of retail space
- 18,333 square feet of warehouse space
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant furniture gallery includes dedicated retail and warehouse areas with a proposed long-term NNN leaseback.
Where is this retail space located?
The property is located at 3859 South St Lafayette, IN.
What are key features of this property?
This property features: Freestanding, single‑tenant La‑Z‑Boy furniture gallery; 18,333 square feet of retail space; 18,333 square feet of warehouse space
