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    FOR LEASE
    Industrial properties

    1201 Columbia Rd, Plainfield, IN 46168

    33,955 SF 3.6 ac lot Built 2008
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US31-0477995
    1201 Columbia Rd, Plainfield, IN 46168 For Lease
    $770,000 2,617 SF available
    1201 Columbia Rd, Plainfield, IN 46168
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    Property summary
    AI-generated overview

    This exceptional 2,617 square foot office space in Plainfield, Indiana, presents a unique opportunity for businesses seeking a customizable workspace. Located at 1201 Columbia Road, this traditional office space is available in shell condition, allowing for complete design flexibility. The property boasts a dedicated entrance and abundant parking, ensuring convenient access for employees and clients. Its strategic location offers easy access to major transportation arteries, including Ronald Reagan Parkway and I-70, providing seamless connectivity to the Indianapolis International Airport. The surrounding area is rich with retail amenities, commercial businesses, and residential housing, creating a vibrant and convenient environment. The building also features prominent building signage, enhancing visibility and brand recognition. A significant tenant improvement allowance is available, enabling tenants to create a workspace perfectly tailored to their specific needs. The Federal Aviation Administration serves as an anchor tenant, adding to the prestige and stability of the location. This property is situated in Hendricks County, Indiana, with a zip code of 46168. The space is ideal for multiple tenants. Don't miss this chance to establish your business in a prime Plainfield location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 2008
    Construction TYPE NOT SPECIFIED
    Total area 33,955 SF
    Lot 3.6 ac (156,816 SF)
    APN 32-09-32-356-001.000-012
    UPID US31-0477995
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • FAA FSDO Flight Standards Indianapolis District Office Federal Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $750k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $785k
    Blend (final) Blend
    $770k
    Owner & transaction history
    Aroga Indy LLC · 2 yrs held
    Aroga Indy LLC
    since 2024
    4 recorded transactions
    2024
    2011
    2008
    2005
    $11,173
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $850,000 +27.0%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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