Retail Property In Plainfield, IN Sold For $4.9M By Blaise Bennett & BJ Feller - Stan Johnson Co
2230 Stafford Road, Plainfield, IN, USA
$4,900,000
$188/SF
Building Size
26,000 SF
Asset Type
Retail
Closing
Feb 14, 2021
AI
A 26,000 square foot retail property located at 2230 Stafford Road in Plainfield, IN has been sold for $4,900,000. The property was listed by Blaise Bennett and BJ Feller from Stan Johnson Co. and the sale was completed on February 15, 2021. The property features a price per square foot of $188.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,900,000
- Address: 2230 Stafford Road, Plainfield, IN
- Market: Plainfield, IN
- Square Footage: 26,000
Blaise Bennett and BJ Feller from Stan Johnson Co. represented the parties involved in the transaction.
Players
Plainfield Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93