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

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.