Lafayette Square

Off-Market

3919 Lafayette Road, Indianapolis, IN 46254

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Super Regional Mall
  • Property Size 1,200,000 SF
  • Lot Size 75.71 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1968

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 05 Jan, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Indianapolis

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Indianapolis Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.03
  • 2022 Office Vacancy Rate 21.26%
  • 2022 Office Completions (SF) 122,294

Indianapolis Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $89.98
  • Y-o-Y Avg. PpSF Change -30.47%
  • 2022 Office Sales Volume $113.2M
  • 2022 Number of Transactions 21
View more Indianapolis market trends

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable
  • Transit Score ®

    34/100 Some Transit
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Indianapolis, IN
  • Neighborhood Lafayette Square
  • Zip Code 46254
  • Market Indianapolis

Points of Interest

  • Indiana University/Riley

    4.75 miles

  • Methodist

    4.75 miles

  • Canal

    4.94 miles

  • Indianapolis Union Station

    6.13 miles

  • Speedway

    0.39 miles

  • Speedway

    0.80 miles

  • Phillips 66

    0.81 miles

  • Speedway

    0.86 miles

  • Admiral Petroleum

    0.89 miles

  • BP

    1.32 miles

  • Marathon

    1.33 miles

  • Speedway

    1.40 miles

  • Speedway

    1.57 miles

  • Marathon

    1.79 miles

  • IMS Lot 4A

    1.60 miles

  • IMS Lot 7 (North 40 Parking)

    1.61 miles

  • IMS Lots 1B and 1C (Coke Lots)

    1.61 miles

  • IMS Lot 7

    1.64 miles

  • Northwest Vista Parking

    1.73 miles

  • IMS Lot 4

    1.74 miles

  • IMS Lot 1A

    1.74 miles

  • IMS Lot 7 (North 40) Handicaped Parking

    1.75 miles

  • Northwest Vista Handicap Parking

    1.78 miles

  • IMS Lot 8

    1.96 miles

  • Church's Chicken

    0.16 miles

  • Fazoli's

    0.18 miles

  • Arby's

    0.20 miles

  • La Hacienda

    0.24 miles

  • Papa John's

    0.26 miles

  • New Taste Buffet

    0.28 miles

  • India Palace

    0.31 miles

  • Shen Yang

    0.31 miles

  • The Pastry House

    0.31 miles

  • Saigon

    0.32 miles

  • Save-A-Lot

    0.16 miles

  • Tienda Morelos Mexican Food Market

    0.24 miles

  • Patel Brothers

    0.33 miles

  • International Foods Halal

    0.47 miles

  • Patel Brothers

    0.54 miles

  • Ebenezer Grocery Store

    0.59 miles

  • Walmart Supercenter

    0.79 miles

  • Meijer

    0.83 miles

  • Saraga International Grocery

    0.83 miles

  • Los Dos Hermanos

    1.31 miles

Frequently Asked Questions

What is the total square footage of Lafayette Square?

Lafayette Square totals 1,200,000 square feet.

When was Lafayette Square last sold?

Lafayette Square was last sold on 05 Jan, 2021.

What is the property tax for Lafayette Square?

The property tax for Lafayette Square in 2022 was $145,636.

What is the market value for Lafayette Square?

The market value* for Lafayette Square in 2022 was $6,804,100.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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