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Retail Space in High-Traffic Center
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1400 Teal Road, Lafayette, IN 47905

Highly visible retail space in well-maintained Lafayette strip center.

Property Size3,539 SF
Lot Size4.16 Acres
Days on Market254

Property Features for 1400 Teal Road

General Information

Standard status Active
Size 3,539 SF
Lot size 4.16 Acres
Property subtype RETAIL
Listing Agency: Candor Realty
Listed By: Doug Anderson · License #INDIANARB14040367
Source: Moodyscre
Added: Nov 20, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:13AM

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 Candor Realty

Investment Insights

Based on property information with market context.

This retail space is located in a highly visible and well-maintained strip center on busy State Road 25 (Teal Road) in Lafayette. The location benefits from high traffic counts, with 14,046 cars per day in 2023. Situated on Lafayette's fast-growing south side, the property has frontage along Teal Road and Winthrop Street. The center is near two high schools within one mile and across the street from the Tippecanoe County Fairground, backing up to a long-established residential neighborhood. The available space, totaling 3539 square feet, is delivered in white box condition. Current co-tenants include Trader's Buck, Jackson Hewitt Tax Service, Eye Surgeons of Indiana, Tide Rising Salon, Healthie's Lafayette Smoothie Bar, and Shelley's Café.

Key Highlights

  • Highly visible location on busy State Road 25 (Teal Road) with high traffic counts (14,046 cars/day).
  • Well‑maintained center with attentive ownership and diverse co‑tenants.
  • Located on Lafayette's fast‑growing south side with frontage on Teal Road and Winthrop Street.

Property Analytics

Current Use

Damon Dierker Physician Shellie's Cafe Dnv Restaurant Jackson Hewitt Tax ... Accounting Firm Eye Surgeons of Indiana Physician Kathleen Williamson Ophthalmologist

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Electrical Service Kitchen & Bath Showroom Pharmacy

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
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Strip mall - Highly visible retail space in well-maintained Lafayette strip center.
Where is this strip mall located?
The property is located at 1400 Teal Road Lafayette, IN.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: Highly visible location on busy State Road 25 (Teal Road) with high traffic counts (14,046 cars/day).; Well‑maintained center with attentive ownership and diverse co‑tenants.; Located on Lafayette's fast‑growing south side with frontage on Teal Road and Winthrop Street.
(765) 427-3496 Call to check price and availability
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