- For Sale $1,305,000
- Property Type Retail
- Property Size 2,405 SF
- Lot Size 0.48 Acre
- Cap Rate % 6.25
- NOI / YR $81,481.00
- Year Built 2016
- Date Updated Mar 4, 2026
Description
The Klink Group of Marcus & Millichap is pleased to present for sale Visionworks in Lafayette, Indiana. The property operates under a triple-net lease, whereas Tenant reimburses Landlord for Common Area Maintenance, Property Taxes, Insurance and allows Landlord to collect a 15% CAM Admin fee for administering. The only Landlord responsibilities are roof & structure and parking lot & HVAC replacement.
The Property experiences +/-30K vehicles-per-day traffic counts and is adjcent to Tippecanoe Mall, an indoor regional mall and surrounded by various national retailers such as: BestBuy, Menards, Texas Roadhouse, Planet Fitness, Dunkin, Arby's, Starbucks, McDonald's, Dick's Sporting Goods, Kohl's, Macy's, 7Brew, AT&T, Barnes & Noble and many more. Additionally, the property is only 15 minutes away from Purdue University, a Big Ten, public universitty that is ranked #32 overall in the US.
False
Contacts
Marcus and Millichap
Location
Marcus and Millichap