- For Lease $8.52/SF/YR
- Property Type Retail - Restaurant
- Property Size 5,000 SF
- Lot Size 0.7 Acre
- Parking Spaces Avail. 50
- Year Built 1965
- Year Renovated 2011
- Date Updated Sep 30, 2026
Description
Located at 700 Sagamore Parkway North in Lafayette, Indiana, the property offers prominent visibility and convenient access along the highly trafficked Sagamore Parkway commercial corridor. Positioned in a vibrant retail sector surrounded by a diverse mix of national and regional businesses, the site benefits from strong traffic patterns and excellent community presence, making it highly accessible for both local patrons and commuters.A 5,000 square foot building configured for restaurant operations, accommodating both sit-down dining and take-out services. The property provides ample convenience for customers, featuring approximately 50 parking spaces located directly adjacent to the building. Offered as a turnkey business and asset sale, the space comes fully equipped with all necessary furniture, fixtures, and equipment (FF&E) in place, allowing a new owner to seamlessly transition and commence immediate operations.
Highlights
- Ample on-site parking featuring approximately 50 spaces located directly adjacent to the building.
- Highly attractive existing lease terms with a locked-in base rent. Long-term sublease opportunity with the current term available through October 31, 2033.
- Turnkey restaurant facility fully equipped for immediate operation, with all furniture, fixtures, and equipment (FF&E) included in the business sale.
- Versatile 5,000 square foot layout specifically designed to accommodate both sit-down dining and take-out services.
True
1 Space Available
700 Sagamore Parkway N
Space Type
Retail
Lease Rate
$8.52/SF/YR
Total Space
5,000 SF
Divisible Space
5,000 - 5,000 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Turnkey
Yes
The sublease term will run through the expiration of the existing lease agreement, inclusive of all available renewal options, for a maximum term ending on October 31, 2033. Turnkey restaurant opportunity structured as a business and asset sale, which includes all current inventory, furniture, fixtures, and equipment (FF&E).
Contacts
Sean Yoon
Shook Commercial Real Estate
Location
Contact Listing Broker
Sean Yoon
Shook Commercial Real Estate
