290 Perry Road

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290 Perry Road

Plainfield, IN 46168
Asking Price
$1.84M
Cap Rate
7.75%
Asset Type
Storefront Retail
Class
Class B

What's Special

Excellent Visibility in Main Retail Corridor | Pad to Regional Lifestyle Center <ul><li>​<strong style="color: rgba(0, 0, 0, 1)">Single-Tenant Verizon:</strong><ul><li>​<span style="color: rgba(0, 0, 0, 1)">2017 construction; 4,331 SF freestanding retail building with ample on-site parking</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">NNN Lease with minimal landlord responsibilities</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">High-performing location; ranked in the top 20% nationally (Placer.ai)</span></li></ul></li><li>​<strong style="color: rgba(0, 0, 0,

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NOI
$80,000
Cap Rate
4.34%
DSCR
0.73
Underwater
Cash-on-Cash
-5.34%
Monthly Payment
$9,128.053
Annual Cash Flow
$-29,536.64

Location & Travel Times