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Jefferson Square Shopping Center 1400 Teal Rd

1,306 - 5,448 SF of Office/Retail Space Available in Lafayette, IN 47905

Highlights

  • Well maintained center
  • Near schools
  • Delivered white box condition
  • Highly visible
  • Affordable smaller spaces

Space Availability (2)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 1A
  • 1,306 SF
  • 3-5 Years
  • £8.28 /SF/PA £0.69 /SF/MO £89.17 /m²/PA £7.43 /m²/MO £10,820 /PA £901.63 /MO
  • Triple Net
1400 Teal Rd - 1st Floor - Ste 1A
Space Use
Office/Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Fits 4 - 11 People
  • 1st Floor, Ste 3
  • 4,142 SF
  • 3 Years
  • £8.28 /SF/PA £0.69 /SF/MO £89.17 /m²/PA £7.43 /m²/MO £34,314 /PA £2,860 /MO
  • Triple Net
1400 Teal Rd - 1st Floor - Ste 3
Space Use
Office/Retail
Availability
Now

Former Bank branch. Could be used for bank branch, credit union or reconfigured for general office/retail.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Fits 11 - 34 People
Space Size Term Rent Service Type
1st Floor, Ste 1A 1,306 SF 3-5 Years £8.28 /SF/PA £0.69 /SF/MO £89.17 /m²/PA £7.43 /m²/MO £10,820 /PA £901.63 /MO Triple Net
1st Floor, Ste 3 4,142 SF 3 Years £8.28 /SF/PA £0.69 /SF/MO £89.17 /m²/PA £7.43 /m²/MO £34,314 /PA £2,860 /MO Triple Net

1400 Teal Rd - 1st Floor - Ste 1A

Size
1,306 SF
Term
3-5 Years
Rent
£8.28 /SF/PA £0.69 /SF/MO £89.17 /m²/PA £7.43 /m²/MO £10,820 /PA £901.63 /MO
Service Type
Triple Net
Space Use
Office/Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Fits 4 - 11 People

1400 Teal Rd - 1st Floor - Ste 3

Size
4,142 SF
Term
3 Years
Rent
£8.28 /SF/PA £0.69 /SF/MO £89.17 /m²/PA £7.43 /m²/MO £34,314 /PA £2,860 /MO
Service Type
Triple Net
Space Use
Office/Retail
Availability
Now

Former Bank branch. Could be used for bank branch, credit union or reconfigured for general office/retail.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Fits 11 - 34 People

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

PROPERTY FACTS FOR 1400 Teal Rd , Lafayette, IN 47905

Centre Type Neighborhood Center
Stores 16
Centre Properties 1
Gross Leasable Area 78,326 SF
Total Land Area 4.55 AC
Year Built 1952

About the Property

Well recognized location in highly visible strip center. High traffic counts. Well maintained center with attentive ownership. Co-tenants include Trader's Buck, Arrow Workforce Solutions, Jackson Hewitt Tax Service, Eye Surgeons of Indiana, Rising Tide Salon, 21 Petals, Shelley's Café. On busy State Road 25 (Teal Road) with 21,020 cars/day. On Lafayette's fast growing south side. Frontage along Teal Road and Winthrop Street. Two high schools within one mile and across the street from the Tippecanoe County Fairground. Center backs up to long established residential neighborhood.

Attachments

Jeff Square 2024
  • Listing ID: 13965731

  • Date on Market: 19/05/2020

  • Last Updated:

  • Address: 1400 Teal Rd, Lafayette, IN 47905

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