Retail-Service Building with
145 Teal Road W Lafayette, IN 47909
145 Teal Road W, Lafayette, IN, 47909
Contact for pricing
For Sale
Contact for pricing
Retail/service building includes storage space, suited for businesses needing on-site backroom inventory or supplies.
Property Size2,600 SF
Price / SF$92.31
Days on Market66
Property Features for 145 Teal Road W
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- RETAIL
Listing agency
Kevin Bol Commercial Group LLC
(765) 490-7890
Listed by
Kevin Bol · License #RB14012382
(765) 490-7890
Source
Moodyscre
Added: May 18 Updated: Jul 21 at 8:15PM Checked: Jul 21 at 8:15PM
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 Kevin Bol Commercial Group LLC
Investment Insights
Based on property information with market context.
This retail/service building is offered for sale and includes storage space as part of the existing improvements. The property is configured to support both customer-facing operations and practical storage needs.
The asset is located at 145 Teal Road W in Lafayette, Indiana. Public remarks indicate the property is in a busy location.
With a total size of 2,600 square feet, this is a straightforward option for an operator or investor looking for a retail-oriented facility with on-site storage included.
The asset is located at 145 Teal Road W in Lafayette, Indiana. Public remarks indicate the property is in a busy location.
With a total size of 2,600 square feet, this is a straightforward option for an operator or investor looking for a retail-oriented facility with on-site storage included.
Key Highlights
- Retail/service building with on‑site storage space
- Includes storage space suited for backroom inventory or supplies
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.7k | $7.20 |
| − Vacancy | −$749 | −$0.29 |
| EGI | $18.0k | $6.91 |
| − OpEx | −$2.7k | −$1.04 |
| NOI | $15.3k | $5.88 |
2,600 SF · lease $7.20/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Retail
$372.8K
$326.2K – $435.0K
NOI $26,099 @ 7.0% cap · market cap 10.87%
Second Best
Warehouse
$218.2K
$191.0K – $254.6K
NOI $15,276 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$600.3K
$525.2K – $700.3K
NOI $42,019 @ 7.0% cap · market cap 17.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail/service building includes storage space, suited for businesses needing on-site backroom inventory or supplies.
Where is this retail space located?
The property is located at 145 Teal Road W Lafayette, IN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Retail/service building with on‑site storage space; Includes storage space suited for backroom inventory or supplies
