1400 Teal Rd Lafayette, IN 47905
- Strip malls
- 68,065 SF
- 4.55 lot acres
Current Use by Public Records
- Damon Dierker / Optometrist
- Shellie's Cafe Dnv / Brunch Restaurant / Breakfast Restaurant
- Jackson Hewitt Tax Service / Tax Preparation / Tax Consultant
- Eye Surgeons of Indiana / Optometrist / Doctor
- Kathleen Williamson / Ophthalmologist / Practitioner Service Location
Property Details for 1400 Teal Rd
- Year built
- 1958
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.55 lot acres
- Property size
- 68,065 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 79-07-33-326-001.000-004
- APU
- 790733326001000004
Description
Jefferson Square Shopping Center, located at 1400 Teal Rd, Lafayette, IN 47905, presents a unique investment opportunity. This single-story, 78,326 square foot retail and industrial center features 16 suites, currently boasting a mix of established businesses. The property is zoned NB and offers excellent visibility due to its location in a highly trafficked area. Two spaces are immediately available, ranging from 1,306 to 4,142 square feet, providing flexibility for various business needs. The center is well-maintained and benefits from strong ownership. Current co-tenants include a diverse range of businesses, such as Lafayette Printing, Healthier Lafayette, Jackson Hewitt, Rising Tide Salon, Trader’s Buck, Don's Barber Shop, 21 Petals, Two Men & a Truck, Arrow Workforce Solutions, Eye Surgeons of Indiana, The Forge Training Center, and Shelley’s Café, creating a vibrant and established commercial environment. The property's high traffic counts and well-recognized location make it an ideal choice for businesses seeking strong visibility and a thriving customer base. There are no elevators on the property. A total of 5,448 square feet is currently vacant. This presents a compelling opportunity to establish a presence in a successful and well-established shopping center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.8804
- Latitude
- 40.3948
- CBSA code
- 29200
- CBSA name
- LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA