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Shopping Center with Freestanding Vacancy
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400 N Earl Ave, Lafayette, IN 47904

Multi-tenant retail center with net leases and an available freestanding suite.

Property Size17,400 SF
Price / SF$94.06
Days on Market256

Property Features for 400 N Earl Ave

General Information

Standard status Active
Size 17,400 SF
Total Parking Spaces 52
Property subtype Retail
Occupancy 82%
Lease Type Net
Investment Type Net Lease
Net Operating Income $148,328

Building Details

Year Built 1977
Buildings 2
Units 9
Tenancy Multi
Listing Agency: Marcus & Millichap SWM Group
Listed By: Sean Sharko · License #IL 471.010712
Source: Crexi
Added: Dec 18, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:07PM

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 Marcus & Millichap SWM Group

Investment Insights

Based on property information with market context.

Earl Plaza is a 17,400 SF retail center built in 1977, with 82% occupancy and a 3,200 SF freestanding vacancy. The tenant roster is structured on net leases, and four tenants signed new leases during 2024–2025, providing established leasing activity within the center.

The property is located at 400 N Earl Ave in Lafayette, near Sagamore Pkwy N and South St, which record 23,797 VPD and 25,601 VPD, respectively. The surrounding trade area includes new retail development and major national tenants. Within three miles, the area includes nearly 74,000 residents and more than 107,000 workers, while Lafayette Pavilions draws 5.1 million annual visitors.

Key Highlights

  • 17,400 SF shopping center built in 1977
  • 82% occupied with a 3,200 SF freestanding vacancy
  • All tenants occupy space under net leases

Property Analytics

Current Use

Twisted Minds Smoke ... (Bike/Boat/Book/etc) Store Scasha Barbershop & Beauty ... Barber Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Garden Center Hotel & Motel Bakery Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,153
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47904, IN

16,571
Population
7,776
Households
2.1
Avg Household Size
34
Median Age
19%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
2,857
Density / Sq Mi
$46,841
Median Household Income
$34,455
Median Earnings
$965
Median Rent
$118,700
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

  • Sagamore at 26 Shopping Center 311 Sagamore Pkwy N, Lafayette, IN 47905
  • BMV Connect Kiosk 2200 Elmwood Ave Suite A6, Lafayette, IN 47904
  • Market Square Shopping Center 2200 Elmwood Ave, Lafayette, IN 47904
  • Eastway Plaza 1337 Sagamore Pkwy N, Lafayette, IN 47904
  • Safari Global Market 1221 Sagamore Pkwy N, Lafayette, IN 47904

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with net leases and an available freestanding suite.
Where is this shopping center located?
The property is located at 400 N Earl Ave Lafayette, IN.
What is the asking price?
The asking price for this property is $1,636,615.
What are key features of this property?
This property features: 17,400 SF shopping center built in 1977; 82% occupied with a 3,200 SF freestanding vacancy; All tenants occupy space under net leases
(630) 570-2261 Call to check price and availability
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