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    720 Navajo St West Lafayette, IN 47906

    For Lease
    $15 SF/Yr ($6,693 /Mo)

    Prime Office Space, 5100 sq ft

    Lot size:
    5,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,100-square-foot single-story office building in West Lafayette, Indiana, presents a unique investment opportunity. Located at 720 W Navajo Street, near the intersection of Salisbury Street and Sagamore Parkway West, this well-maintained brick building boasts a highly desirable location adjacent to the Post Office. The property features six private offices, abundant natural light, two restrooms, and a convenient breakroom with a kitchenette. A spacious co-working area, a dedicated data room, and a janitorial closet add to the functionality. Ample parking is provided with 50 off-street spaces in an adjacent lot for tenants and their guests. This turnkey office space is ideal for a variety of businesses seeking a comfortable and efficient workspace. The building is currently offered at a rate of $15.75 per square foot per year, NNN, with an estimated CAM rate of $4.25 for 2023. Utilities are the responsibility of the tenant. The property is zoned for commercial, medical office, and executive office uses, making it a versatile option for various business needs. This is a single-tenant building with a total of 5,100 square feet.

    Property Features for 720 Navajo St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,100 SF
    Total Rate
    6693.75

    Unit(s) available at that property

    Space
    Size
    5,100 SF
    Rate per SF
    $15

    HighLights

    • 5,100 SF single‑story office building in West Lafayette, IN.
    • Located at 720 W Navajo Street, near Salisbury St & Sagamore Pkwy West, adjacent to the Post Office.
    • Features six private offices, two restrooms, breakroom/kitchenette, co‑working area, data room, and ample parking (50 spaces).
    • $15.75/SF/year NNN, estimated CAM $4.25/SF in 2023; utilities paid by tenant.
    • Zoned for commercial, medical, and executive office uses; currently a single‑tenant building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.9178807
    Latitude
    40.4522831

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    FAQs

    What type of property is this?
    Medical office - Prime Office Space, 5100 sq ft
    Where is this medical office located?
    The property is located at 720 Navajo St West Lafayette, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 5,100 SF single-story office building in West Lafayette, IN.; Located at 720 W Navajo Street, near Salisbury St & Sagamore Pkwy West, adjacent to the Post Office.; Features six private offices, two restrooms, breakroom/kitchenette, co-working area, data room, and ample parking (50 spaces).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    720 Navajo St West Lafayette, IN 47906
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