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Two-Tenant Neighborhood Shopping Center
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404 Sagamore Pkwy W, West Lafayette, IN 47906

Two-tenant neighborhood center with ample surface parking, strong signage, and signalized access on Sagamore Parkway West.

Space Size7,480 SF
Days on Market115

Property Features for 404 Sagamore Pkwy W

General Information

Standard status Active
Size 7,480 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Traffic Count 30,000 vehicles/day

Building Details

Tenancy Multi

Spaces For Lease

at 404 Sagamore Pkwy W Contact us

404 Sagamore Pkwy W $23/SF/Yr

Floor
1
Size
7,480 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Rare retail opportunity in West Lafayette - Strong tenant mix with national retail...
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Listing Agency: Shook Commercial Real Estate
Listed By: Jim Pitoukkas
Source: Moodyscre
Added: Jun 4 Changed: Sep 6 Last Checked: Sep 24 at 3:29PM

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 Shook Commercial Real Estate

Investment Insights

Based on property information with market context.

This well-maintained, two-tenant neighborhood shopping center is positioned to serve everyday retail needs in West Lafayette. The property features approximately 155 feet of frontage on Sagamore Parkway West, along with ample surface parking and easy access at a signalized intersection. Tenants benefit from strong visibility and signage, supported by an established tenant environment.

The Sagamore Parkway West corridor is predominately commercial, with residential areas immediately north and south. The location is also less than 2 miles to Purdue University, helping support both university and local demand. Traffic counts exceed 30,000 vehicles per day, and a nearby shopping mix includes major retailers and restaurants, with AT&T next door having recently renewed its lease.

The available space is a practical fit for retailers and service concepts that want high-daytime exposure along a heavily traveled corridor and straightforward ingress/egress via signalized access. With multiple established retailers in the immediate vicinity, operators can align with an active neighborhood shopping destination and take advantage of existing consumer traffic patterns.

Key Highlights

  • Two‑tenant neighborhood shopping center in West Lafayette’s main retail trade area
  • Approximately 155 feet of frontage on Sagamore Parkway West with traffic counts exceeding 30,000 vehicles per day
  • Ample surface parking and easy access at a signalized intersection

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Auto Repair Shop Building Supply 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

30,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47906, IN

73,579
Population
28,658
Households
2.6
Avg Household Size
26
Median Age
62%
College-Educated
96%
High-School Grad
133.6 sq mi
ZIP Area
551
Density / Sq Mi
$51,736
Median Household Income
$18,528
Median Earnings
$1,157
Median Rent
$280,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

  • Sagamore Park Centre — 1016-1056 Sagamore Pkwy W, West Lafayette, IN 47906
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  • University Square Shopping Center — 500 Sagamore Pkwy W, West Lafayette, IN 47906

Frequently Asked Questions

What type of property is this?
Shopping center - Two-tenant neighborhood center with ample surface parking, strong signage, and signalized access on Sagamore Parkway West.
Where is this shopping center located?
The property is located at 404 Sagamore Pkwy W West Lafayette, IN.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Two‑tenant neighborhood shopping center in West Lafayette’s main retail trade area; Approximately 155 feet of frontage on Sagamore Parkway West with traffic counts exceeding 30,000 vehicles per day; Ample surface parking and easy access at a signalized intersection
(317) 281-8811 Call to check price and availability
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