Restaurant Space with Bar
For Lease
$2,600/Mo
5111 E 21st St, Indianapolis, IN 46218
Restaurant premises near a major highway exit with parking and existing bar-related improvements.
Space SizeContact for details
Days on Market32
Property Features for 5111 E 21st St
General Information
Standard status
Active
Space & Availability
Space Use
Restaurant
Available From
Immediate
Additional Details
Highway Access
Yes
Equipment Included
Yes
Listing Agency:
eXp Realty, LLC
(317) 531-1209
Listed By:
Barinder Singh · License #RB22001604
Source:
Eveloteam
Added: Jul 30
Changed: Aug 30
Last Checked: Aug 25 at 4:30AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
Restaurant premises at 5111 E 21st St with existing bar components and related infrastructure remaining in place. The space is offered as-is for redevelopment, and electric and water service are currently turned off. Approximate dimensions are provided, with tenants responsible for their own due diligence.
The property sits just off a major highway exit and includes ample parking. Its prior restaurant use and remaining bar setup provide a starting point for a new restaurant or bar concept, subject to renovation and tenant verification of site conditions.
The property sits just off a major highway exit and includes ample parking. Its prior restaurant use and remaining bar setup provide a starting point for a new restaurant or bar concept, subject to renovation and tenant verification of site conditions.
Key Highlights
- 3,170 property size at 5111 E 21st St, Indianapolis, IN 46218
- Existing bar setup and infrastructure remain in place
- Ample parking near a major highway exit
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant premises near a major highway exit with parking and existing bar-related improvements.
Where is this conventional restaurant located?
The property is located at 5111 E 21st St Indianapolis, IN.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: 3,170 property size at 5111 E 21st St, Indianapolis, IN 46218; Existing bar setup and infrastructure remain in place; Ample parking near a major highway exit
