Retail Storefront For
290 Perry Road Plainfield, IN 46168
290 Perry Road, Plainfield, IN, 46168
Contact for pricing
For Sale
Contact for pricing
Retail storefront property offered for sale at 290 Perry Road in Plainfield, Indiana.
Property Size4,331 SF
Price / SF$425
Days on Market79
Property Features for 290 Perry Road
General Information
- Standard status
- Active
- Size
- 4,331 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agency
Hanley Investment Group
Listed by
Dylan Mallory · License #CA 2025574
Source
Crexi
Added: May 4 Updated: Jul 21 at 12:56PM Checked: Jul 21 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanley Investment Group
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is located at 290 Perry Road in Plainfield, Indiana. The offering includes access to the full offering memorandum via the link provided in the public remarks.
The asset is identified as retail space under the transaction record, with storefront-focused commercial real estate positioning. Additional specifics on layout, tenant configuration, and condition are available in the full offering memorandum.
The asset is identified as retail space under the transaction record, with storefront-focused commercial real estate positioning. Additional specifics on layout, tenant configuration, and condition are available in the full offering memorandum.
Key Highlights
- Retail storefront property for sale at 290 Perry Road in Plainfield, IN
- Built in 2017
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 | $78.0k | $18.00 |
| − Vacancy | −$3.4k | −$0.79 |
| EGI | $74.5k | $17.21 |
| − OpEx | −$22.4k | −$5.16 |
| NOI | $52.2k | $12.05 |
4,331 SF · lease $18.00/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$745.3K
$652.1K – $869.5K
NOI $52,169 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$951.3K – $1.27M
NOI $76,104 @ 7.0% cap · market cap 4.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Verizon
Mobile Phone Store
Verizon Business Services
Business To Business Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail storefront property offered for sale at 290 Perry Road in Plainfield, Indiana.
Where is this retail space located?
The property is located at 290 Perry Road Plainfield, IN.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Retail storefront property for sale at 290 Perry Road in Plainfield, IN; Built in 2017