Ground Lease Retail Land
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5641 E 86th St, Indianapolis, IN 46250
Retail and restaurant corridor land fronting 86th Street with ample parking and easy access from I-465.
Property Size3,200 SF
Days on Market874
Property Features for 5641 E 86th St
General Information
Standard status
Active
Size
3,200 SF
Property subtype
RETAIL
Listing Agency:
Tharp Realty
(317) 418-2464
Listed By:
Crystal Kennard · License #RB14051298
(317) 418-2464
Source:
Moodyscre
Added: Mar 8, 2024
Changed: Jul 29
Last Checked: Jul 29 at 9:35AM
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 Tharp Realty
Investment Insights
Based on property information with market context.
This commercial land site fronts 86th Street and is positioned within a retail and restaurant corridor. The property offers ample parking and is suitable for potential ground lease opportunities, depending on tenant and site-development requirements.
The area includes full-service restaurants on 86th Street such as On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse. The site is described as having excellent and consistent daytime traffic and daytime population throughout the week and weekends. It is also noted as easily accessible from I-465 and Indianapolis’s affluent suburbs, including Carmel, Fishers, and Noblesville.
Overall, the property presents a straightforward street-front land option designed to support retail and restaurant use in a high-density entertainment and dining environment.
The area includes full-service restaurants on 86th Street such as On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse. The site is described as having excellent and consistent daytime traffic and daytime population throughout the week and weekends. It is also noted as easily accessible from I-465 and Indianapolis’s affluent suburbs, including Carmel, Fishers, and Noblesville.
Overall, the property presents a straightforward street-front land option designed to support retail and restaurant use in a high-density entertainment and dining environment.
Key Highlights
- Land fronts 86th Street on a retail and restaurant corridor with nearby full‑service restaurants.
- Full‑service restaurant tenants nearby include On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse.
- Ample parking on‑site.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Retail and restaurant corridor land fronting 86th Street with ample parking and easy access from I-465.
Where is this commercial land located?
The property is located at 5641 E 86th St Indianapolis, IN.
What are key features of this property?
This property features: Land fronts 86th Street on a retail and restaurant corridor with nearby full‑service restaurants.; Full‑service restaurant tenants nearby include On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse.; Ample parking on‑site.
