Single-Tenant Restaurant
For Sale
Contact for pricing
91 North 36th Street, Lafayette, IN 47905
Operating restaurant asset supported by an absolute NNN lease and structured renewal options.
Property Size8,868 SF
Price / SF$581.87
Days on Market20
Property Features for 91 North 36th Street
General Information
Standard status
Active
Size
8,868 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$356,326
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
(303) 260-6500
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Aug 13
Changed: Aug 31
Last Checked: Aug 31 at 8:28PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This 8,868-square-foot restaurant property is occupied by Cheddar’s Scratch Kitchen and configured as a single-tenant asset. The real estate is subject to an absolute NNN lease, placing the property within a defined lease structure for ownership review.
The lease has approximately 9.3 years of primary term remaining and includes 1.50% annual rent escalations. Four additional five-year renewal options are also provided, creating a clearly stated framework for potential lease continuity beyond the initial term.
The lease has approximately 9.3 years of primary term remaining and includes 1.50% annual rent escalations. Four additional five-year renewal options are also provided, creating a clearly stated framework for potential lease continuity beyond the initial term.
Key Highlights
- 8,868‑square‑foot single‑tenant restaurant property
- Occupied by Cheddar’s Scratch Kitchen
- Absolute NNN lease structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,195
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 47905, IN
41,787
Population
18,309
Households
2.3
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
120.4 sq mi
ZIP Area
347
Density / Sq Mi
$63,115
Median Household Income
$41,595
Median Earnings
$1,101
Median Rent
$215,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant asset supported by an absolute NNN lease and structured renewal options.
Where is this conventional restaurant located?
The property is located at 91 North 36th Street Lafayette, IN.
What is the asking price?
The asking price for this property is $5,160,000.
What are key features of this property?
This property features: 8,868‑square‑foot single‑tenant restaurant property; Occupied by Cheddar’s Scratch Kitchen; Absolute NNN lease structure
