
3410-3416 SR 38 E
Spaces
Land | 3.02 acres | $150,000 per acre
Building description
Outstanding opportunity at one of the most highly traveled intersections in Tippecanoe County! This 3.02 -acre tract of land is available for lease in 1-acre increments, offering flexibility for your development needs. The property owner will handle the demolition of existing structures, providing a clean, build-ready site for the prospective tenant. With its prime location and significant traffic counts, this property is ideal for retail, commercial, or service-oriented developments.
$150,000 Per Acre, with a rate increase of 2% every year. Initial Lease term will be 10 years.
Situated at the northeast corner of US Highway 52 and State Road 38, this property enjoys unparalleled visibility and accessibility in Lafayette, IN. The site sees a combined traffic volume of 38,948 vehicles daily, with 13,586 on SR 38 and 25,362 on US 52. This prime corner location ensures excellent exposure to potential customers in a thriving commercial corridor.
Building highlights
Prime Location: High-visibility corner at US Hwy 52 & SR 38
Traffic Counts: 38,948 vehicles per day pass this site
Flexible Leasing Options: Offered in 1-acre increments
Build-Ready: The property owner will prepare the site for construction by removing existing structures
Long-Term Opportunity: 10-year initial lease term with annual 2% rate increases
Zoning: Suitable for fast food, retail, commercial, or service-oriented uses
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