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Property profile & analytics
FOR LEASE
Grocery and convenience stores

125 N Creasy Ln Lafayette, IN 47905

26,047 SF 3.25 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-0748242
Property summary
AI-generated overview

This exceptional Class A office space, located at 125 N Creasy Ln #125 in Lafayette, Indiana, 47905, offers a single-tenant occupancy opportunity totaling 1,800 square feet. The property is situated in a highly desirable location on Creasy Lane and features a recently resealed and restriped parking lot, ensuring convenient parking for tenants and their clients. The building is a single-story structure, providing easy accessibility. The space is categorized as a Traditional Office, ideal for a variety of businesses. Two adjacent units, each 900 square feet, are available, offering flexibility for expansion or the possibility of leasing both for a larger footprint. This presents a rare opportunity to secure a well-maintained, conveniently located office space in a thriving Lafayette commercial district. The property type is listed as both Retail and Office, suggesting versatility in potential uses. The building's Class A designation reflects its high quality and modern amenities. This is an excellent opportunity for businesses seeking a prominent and functional office space in a prime Lafayette location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1972
Construction WOOD
Total area 26,047 SF
Lot 3.25 ac (141,570 SF)
APN 79-07-23-451-033.000-004
UPID US31-0748242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dawgseye Bar & Pub
  • La Conadre Latin Services Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
$4.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.00M
Owner & transaction history
Family Investments LLC · 2 yrs held
Family Investments LLC
since 2023
Last sale
$2.9M
6 recorded transactions
2023
Price N/A
2023
$2.9M
2011
Price N/A
2011
$150,000
2011
$200,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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