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Property profile & analytics
FOR LEASE
Individual retail properties

2855 Miller Dr Plymouth, IN 46563

76,161 SF 10.18 ac lot Built 2006
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US31-3049475
Property summary
AI-generated overview

This exceptional Class A, 120,000 square foot, two-story building located at 2855 Miller Dr, Plymouth, IN 46563, offers a unique blend of office and retail space. Built in 2006, the property boasts 18 suites ranging from 325 to 9,910 contiguous square feet, perfect for a variety of businesses. The flexible layout accommodates multiple tenants, with options for medical, executive, traditional, creative, or coworking spaces, along with cafe and storefront opportunities. The building is situated in the Plymouth, Indiana submarket, conveniently located near Pioneer Dr & Miller Dr, and zoned C-3. Ample parking is available with 187 spaces, and the building features elevators for easy access. The property includes a diverse tenant mix, currently featuring medical offices, a high-end fitness center with extensive amenities (including a pool, basketball courts, and a rock climbing wall), and other health-related businesses. The Marshall County location and the property's versatile design make it an ideal investment opportunity. APN: 50-42-31-101-098.004-019.

Property profile
Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 76,161 SF
Lot 10.18 ac (443,528 SF)
APN 50-42-31-101-098.005-019
UPID US31-3049475
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M
Owner & transaction history
Lifeplex Wellness LLC · 19 yrs held
Lifeplex Wellness LLC
since 2007
2 recorded transactions
2021
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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