Verizon
290 S Perry Road
Verizon Image
SOLD
Verizon
290 S Perry Road
Plainfield, IN 46168
  • Sale Price: $2,200,000
  • Cap Rate: Call for details
  • Lease Type: NN
TRANSACTION DETAILS:

Corporate Verizon – Brand new 10-year lease (firm) with Verizon Wireless. Verizon Wireless is the largest wireless service provider in the US with more than 114 million subscribers and $89.2 billion in revenue. • Relocation Store – Verizon is relocating from a highly successful inline store that has served this market for over 10 years • At or Below Market Rent – Verizon is paying a conservative rental rate compared to similar outlots at $30 psf for 4,275 SF on 1.28 acres • Strong Increases – Rent increases of 10% every 5 years through the primary and option terms • Brand New 2017 Construction - First-class construction with Verizon’s latest building prototype and branding • Major Regional Draw – Outlot to the 600,000 SF Perry Crossing lifestyle center. Surrounding retailers include Walmart Supercenter, Target, Dick’s Sporting Goods, Old Navy, Kohl’s, T.J. Maxx, JCPenney, Burlington Coat Factory, and others.

LISTING BROKERS: