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    2224-2500 Teal Rd Lafayette, IN 47905

    Sponsored
    For Lease
    Contact for pricing

    Prime Lafayette Restaurant Space Available

    Lot size:
    250,506 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, Lafayette Square, located at 2224-2500 Teal Road in Lafayette, Indiana, 47905, offers multiple restaurant spaces for lease. The property boasts a total of 250,506 square feet, with a flexible range of available spaces. Units range from a minimum of 1,149 square feet to a maximum contiguous space of 8,361 square feet, providing options for businesses of various sizes. Currently, there are 12,010 square feet of vacant space ready for immediate occupancy. This prime location in Tippecanoe County offers excellent visibility and accessibility, making it an ideal opportunity for established or emerging restaurant concepts. The property's multiple tenancy structure allows for a diverse and vibrant atmosphere, attracting a wide range of customers. The address is easily accessible and situated within a thriving commercial area. This is a unique chance to secure a well-positioned space in a bustling Lafayette location. The property is categorized as retail, specifically for restaurant use, and presents a significant opportunity for growth and success. Interested parties should inquire about available space and lease terms. The property is ready for immediate occupancy.

    Property Features for 2224-2500 Teal Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    250,506 SF

    Unit(s) available at that property

    Space
    Suite 02500
    Size
    1,200 SF
    Space
    Suite 01300
    Size
    1,300 SF
    Space
    Suite 03500
    Size
    1,149 SF
    Space
    Suite 00300
    Size
    8,361 SF

    HighLights

    • 250,864 square feet of commercial space available.
    • Shadow‑anchored by Big Lots, Rural King, and Dollar General.
    • Strong demographics: Over 135,000 residents within a five‑mile radius, average household income exceeding $60,000.
    • Excellent location adjacent to Jefferson High School in a well‑established residential area.
    • Convenient access and established traffic patterns.
    • Retail space for lease, land available for sale, or build‑to‑suit opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.8708432
    Latitude
    40.3977743

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    FAQs

    What type of property is this?
    Restaurant - Prime Lafayette Restaurant Space Available
    Where is this restaurant located?
    The property is located at 2224-2500 Teal Rd Lafayette, IN.
    What are key features of this property?
    This property features: 250,864 square feet of commercial space available.; Shadow-anchored by Big Lots, Rural King, and Dollar General.; Strong demographics: Over 135,000 residents within a five-mile radius, average household income exceeding $60,000.
    Request Owner's contact information
    2224-2500 Teal Rd Lafayette, IN 47905
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    Lafayette, IN 47905
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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
    2224-2500 Teal Rd Lafayette, IN 47905
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