2028 Stafford Road Plainfield, IN 46168
Prime strip center in Plainfield, fully leased with upside.
Property Features for 2028 Stafford Road
General Information
- Standard status
- Active
- Size
- 7,564 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing office eXp Realty, LLC (888) 611-3912
Listing date Feb 22, 2023
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location next to Traders Point Church.
- All 6 units are currently leased, providing immediate income.
- Opportunity to increase rental rates upon lease expiration.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.2k | $18.00 |
| − Vacancy | −$6.0k | −$0.79 |
| EGI | $130.2k | $17.21 |
| − OpEx | −$39.0k | −$5.16 |
| NOI | $91.1k | $12.05 |
