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Net-Leased Golf Galaxy Endcap
For Sale
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5625 East 86th Street, Indianapolis, IN 46250

Recently constructed endcap is net leased to Golf Galaxy with lease guarantees from Dick’s Sporting Goods.

Property SizeContact for details
Days on Market121

Property Features for 5625 East 86th Street

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Pegasus Investments
Listed By: David Chasin · License #CA 01513027
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 5:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pegasus Investments

Investment Insights

Based on property information with market context.

This recently constructed single-tenant net-leased Golf Galaxy end-cap is part of an outparcel development and was completed in September 2014. The property was built ground-up and represents a relocation of a nearby store serving the market for decades.

The end-cap is positioned at the signalized main entrance to Castleton Square Mall, owned by Simon Properties. Castleton Square Mall is described as nearly 1.4 million square feet and the largest and busiest mall in Indiana, serving a trade area population described as nearly 1.7 million.

The lease is executed and guaranteed by Golf Galaxy’s Fortune 500 parent company, Dick’s Sporting Goods (NYSE: DKS).

Key Highlights

  • Recently constructed single‑tenant net lease Golf Galaxy end‑cap
  • Lease executed and guaranteed by Golf Galaxy’s Fortune 500 parent company, Dick’s Sporting Goods (NYSE: DKS)
  • Located as an end‑cap in an outparcel development at the signalized main entrance to Castleton Square Mall

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Building Supply Garden Center Storage Facility Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,312
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46250, IN

19,156
Population
9,815
Households
2
Avg Household Size
35
Median Age
53%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
2,488
Density / Sq Mi
$69,591
Median Household Income
$45,696
Median Earnings
$1,293
Median Rent
$288,900
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Castleton Point Shopping Center 5305-5469 E 82nd St, Indianapolis, IN 46250
  • Castleton Square Mall South Entrance Unnamed Road, Indianapolis, IN 46250
  • Clearwater Springs Shopping Center 4901 82nd St, Indianapolis, IN 46250
  • Castleton Shoppes Shopping Center 6024-6066 82nd St, Indianapolis, IN 46250
  • Castleton Crossing 5520 82nd St, Indianapolis, IN 46250

Frequently Asked Questions

What type of property is this?
Shopping center - Recently constructed endcap is net leased to Golf Galaxy with lease guarantees from Dick’s Sporting Goods.
Where is this shopping center located?
The property is located at 5625 East 86th Street Indianapolis, IN.
What are key features of this property?
This property features: Recently constructed single‑tenant net lease Golf Galaxy end‑cap; Lease executed and guaranteed by Golf Galaxy’s Fortune 500 parent company, Dick’s Sporting Goods (NYSE: DKS); Located as an end‑cap in an outparcel development at the signalized main entrance to Castleton Square Mall
(310) 969-1135 Call to check price and availability
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