3465 South StLafayette, IN 47905

This exceptional investment opportunity presents a 4,500 square foot, single-tenant storefront occupied by Xfinity, a division of Comcast Corporation. Located at 3465 South St, Lafayette, IN 47905, this property boasts a prime location within a thriving retail corridor, anchored by major national retailers including Home Depot, Target, Lowe's, Sam's Club, Walmart, and Meijer. The property benefits from its proximity to Purdue University, a leading research institution with over 50,000 students, and the Caterpillar Large Engine Plant, employing approximately 2,000 workers. The current lease, a triple-net (NNN) agreement, commenced July 30, 2018, and expires July 31, 2028, with two 5-year renewal options and 10% rent increases every five years. The property features 30 parking spaces on a 0.8-acre lot. The building, constructed in 2018, is a single-story structure with a 7.00% cap rate and a Net Operating Income (NOI) of $178,200. Comcast Corporation's investment-grade credit rating (S&P: A-; Moody's: A3) ensures a secure and stable investment. The property is zoned for commercial use and offered as a fee-simple ownership. This is a rare opportunity to acquire a high-performing, investment-grade retail property in a rapidly growing market.