Property profile

2560 E Main St Plainfield, IN 46168

FOR LEASE
Turn key restaurants
Property ID
US31-0845596
844 SF 1.3 ac lot Built 1994
Trust Owned 7-yr Hold Free & Clear
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2560 E Main St, Plainfield, IN 46168 For Lease
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2560 E Main St, Plainfield, IN 46168
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Property summary

AI-generated overview

This exceptional 1-acre retail outlot presents a remarkable ground lease opportunity in Plainfield, Indiana. Strategically located at a busy, signalized intersection on East Main Street (2560 E Main St, Plainfield, IN 46168), this property boasts high traffic counts, ensuring significant visibility and accessibility for your business. The site is ideally positioned amongst prominent big-box retailers, including Walmart, JCPenney, and Target, creating a synergistic environment and attracting a substantial customer base. The property is classified as retail, offering a single-tenant occupancy, providing flexibility and control for the lessee. This presents a unique chance to establish a thriving retail presence in a high-demand location within a well-established commercial area. The property's prime location and proximity to major retailers make it an attractive investment for businesses seeking high visibility and foot traffic. Detailed traffic counts for East Main Street are available upon request. This ground lease offers a compelling opportunity to capitalize on the strong retail environment and establish a successful business in a thriving community. The property's size and location make it suitable for a variety of retail uses. Interested parties should inquire promptly to secure this exceptional opportunity.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Total area 844 SF
Lot 1.3 ac (56,628 SF)
APN 32-10-25-235-022.000-012
UPID US31-0845596

Cap rate & NOI

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

Location

2560 E Main St Plainfield, IN 46168
Plainfield metro Census 210802 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2019
1 recorded transaction
2019
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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