100 Creasy LnLafayette, IN 47905

  • Warehouses
  • 125,018 SF

Property Details for 100 Creasy Ln

Year built
1994
Construction
TYPE NOT SPECIFIED
Lot size
14.29 AC
Property size (Sq ft)
125,018 SF
Property type
Warehouses
APN
79-07-23-376-023.000-004
APU
790723376023000004

Description

This exceptional retail opportunity, Lafayette Pavilions, is located at 100 S Creasy Ln, Lafayette, IN 47905, in Tippecanoe County. The property offers flexible space options, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 19,000 square feet, making it suitable for a variety of retail businesses. The center boasts a strong tenant mix, including national anchors such as Academy Sports, Fresh Thyme, TJ Maxx, Ulta Beauty, and Hobby Lobby, ensuring high foot traffic and visibility. Its strategic location benefits from the proximity to Purdue University, a major university with over 52,000 students and 10,000 employees, creating a substantial and consistent customer base. Furthermore, the property is surrounded by a dense daytime population fueled by numerous significant employers in the immediate area, including Wabash National, Subaru Automotive, Caterpillar Inc., and the Franciscan Health and IU Health hospital campuses. This combination of strong anchors, high population density, and proximity to a major university makes Lafayette Pavilions an attractive investment opportunity for discerning retail businesses seeking a prime location in a thriving market. The property is classified as a multi-tenant shopping center with outlot building options. This presents a unique opportunity for businesses seeking high visibility and access to a large consumer base.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $45,987,468
    Hospitality
    $42,124,272
    Educational
    $35,046,900
    Medical
    $36,252,216
    Retail
    $54,517,400

Location Insight

City
Lafayette
County
Tippecanoe
State
Indiana
Latitude
40.4189
Longitude
-86.841
CBSA code
29200
CBSA name
LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$120,660
-
$5,080,400
$5,080,400
-
-
$5,080,400
$5,080,400

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