Starbucks
Lafayette, IN 47909
3007 Builder Drive Logo Image
3007 Builder Drive
Lafayette, IN 47909
  • Asking Price: $1,856,000
  • Cap Rate: 5.40%
  • Lease Type: Net Lease
  • Status: Available
PROPERTY DETAILS:

Brand New Construction with Drive-Thru - First-class 2018 construction featuring Starbucks latest design prototype with a drive-thru window and an outdoor patio. Above-Average Footprint & Parcel - The freestanding Starbucks building features an above-average footprint of 2,321 SF and is situated on a large 1.16-acre parcel. New Long-Term NNN Lease - Newly executed 10-year lease with no early termination right. Minimal Competition Serving Major Employer Base - This is the only nationally recognized café within 3 miles of the property. Purdue University - Less than 10 minutes away from the site, Purdue University is one of the largest colleges in the country with over 41,500 students and employing over 17,000 people. Centrally Located - Strategically situated across the street from Walmart Supercenter with traffic counts exceeding 28,000 VPD. National Retailer Presence – Surrounded by national retailers that include Walmart Supercenter, CVS Pharmacy, ATI Physical Therapy, Verizon, AT&T, O’Reilly Auto Parts, Advance Auto Parts, McDonald’s, among others. Strong Population Growth - There are 49,751 residents within 3 miles of the property, a 41% increase since 2000. Investment Grade Credit Tenant - Starbucks is the world’s leading coffee retailer with annual revenue of more than $22 billion.