Walgreens | Lafayette, IN — Sale in Lafayette, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lafayette, IN 47909

Photos

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Investment Figures

Cap rate
11.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This corporately guaranteed Walgreens investment offers a stable, long-term opportunity with an absolute NNN lease, meaning no landlord responsibilities. The tenant has operated at this high-visibility, signalized intersection since 2008, benefiting from strong traffic counts and limited competition. It’s the only Walgreens within a 2-mile radius, with none for over 10 miles to the south and west. It offers a prime location near Purdue University and major employers like Subaru’s U.S. auto plant. The site is surrounded by dense residential communities and a growing population, making it a compelling choice for investors seeking reliable income and strong market fundamentals. Investment Highlights: • Absolute Triple-Net Walgreens | Corporate Guarantee • Tenant has been Operating at this Location Since 2008 | Lease Expires 1/31/2083, However they have the Option to Terminate their Lease (with 12 Months Notice) Annually After the First 300 Months • Situated at a Signalized Intersection | Heavily Traveled Area • Limited Competition | Only Walgreens Location within a Two-Mile Radius • From 2010-2020, the Population Grew 5.26 Percent and is Expected to Grow Another 4.31 Percent by 2029 within a One-Mile Radius

Market Context

This retail in Lafayette, IN is listed for sale. It is offered at an approximate 11.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Lafayette, IN — view the full market.

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