Property profile

160 Plainfield Village Dr Plainfield, IN 46168

FOR LEASE
Strip malls
Property ID
US31-0745087
41,710 SF 5.06 ac lot Built 2007
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Plainfield Village offers a unique opportunity for businesses seeking versatile retail space. This single-story, 41,652 square foot retail center, built in 2010, boasts 12 suites and currently has 8,600 square feet available. The property is ideally suited for a variety of uses, including office, restaurant, event space, daycare, medical, or dental practices. Flexible space options are available, with minimum divisible space starting at 1,546 square feet and maximum contiguous space reaching 4,800 square feet. The center's strategic location benefits from a substantial population base exceeding 110,000 within a 5-mile radius, ensuring high visibility and accessibility. Nearby communities include Danville, Mooresville, and Avon, further enhancing the property's market reach. This is a prime opportunity to establish or expand your business in a thriving retail environment. The property's single-building design and convenient layout offer efficient operations and excellent tenant flexibility. With multiple suites available, this center presents a compelling investment prospect for businesses of various sizes and types. Contact us today to learn more about the available spaces and explore the possibilities.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 41,710 SF
Lot 5.06 ac (220,414 SF)
APN 32-09-19-480-003.000-027
UPID US31-0745087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Tutoring Service
  • Employment Agency
  • Medical Clinic
  • Restaurant
  • Real Estate Agency

Location

160 Plainfield Village Dr Plainfield, IN 46168
Plainfield metro Census 210607 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
$957k
Blend (final) Blend
$730k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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