End-Cap Retail
New
For Lease
$16 SF/Yr
5501 W 86th St, Indianapolis, IN 46268
The renovated center offers five available suites and on-site parking.
Space Size1,355 SF - 2,864 SF
Property Size14,440 SF
Days on Market3
Property Features for 5501 W 86th St
General Information
Standard status
Active
Size
1,355 SF - 2,864 SF
Net Rentable
1,355 SF
Property subtype
Retail
Lease Type
NNN
Lease Term
NNN
Space & Availability
Available Space
1,355-8,520 SF
Contiguous Space
8,520 SF
Space Use
Retail
Lease Terms
Lease Rate
$16 /SF/YR
Monthly Rent
$1,806-$11,360
Rent per SF/Year
$16
Site & Location
Neighborhood
Castleton
End Cap
Yes
Pylon Signage
Yes
Highway Access
Yes
Amenities
electronic pylon sign
updated façade
resurfaced parking lot
enhanced security system
Abundant on-site parking
Building Details
Building Size
14,440 SF
Year Built
1978
Tenancy
Multi
Spaces For Lease
at 5501 W 86th St Contact usSuite A $16/SF/Yr
Size
2,864 SF
Type
Strip Center
Term
Negotiable
Suite C $16/SF/Yr
Size
1,355 SF
Type
Strip Center
Term
Negotiable
Suite D $16/SF/Yr
Size
1,355 SF
Type
Strip Center
Term
Negotiable
Suite E $16/SF/Yr
Size
1,473 SF
Type
Strip Center
Term
Negotiable
Suite F $16/SF/Yr
Size
1,473 SF
Type
Strip Center
Term
Negotiable
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Listing Agency:
Premier Commercial Real Estate Services, Inc.
Listed By:
Melissa Blackwell · License #RB15000222
(317) 384-9756
Source:
Tcnworldwide
Added: Nov 4
Last Checked: Nov 6 at 7:56AM
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 Premier Commercial Real Estate Services, Inc.
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Investment Insights
Based on property information with market context.
A retail center built in 1978 has five available suites, ranging from 1,355 to 2,864 square feet. The end-cap space was formerly a restaurant, and the property can accommodate up to 8,520 square feet of contiguous space. Center improvements include a refreshed façade, a resurfaced parking lot, an electronic pylon sign, and an enhanced security system.
The property is at 5501 W 86th St in Indianapolis, with immediate interstate access. On-site parking serves customers and employees.
The property is at 5501 W 86th St in Indianapolis, with immediate interstate access. On-site parking serves customers and employees.
Key Highlights
- Five available suites ranging from 1,355 SF to 2,864 SF
- Up to 8,520 SF of contiguous space can be accommodated
- Former restaurant end‑cap suite
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 46268, IN
26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Indianapolis, IN
$18.83 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
10,071 SF
Avg Space Size
This space is priced 15% below the average of $18.83 /SF/Yr.
Properties on Market for Retail space in Indianapolis
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Retail space - The renovated center offers five available suites and on-site parking.
Where is this retail space located?
The property is located at 5501 W 86th St Indianapolis, IN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Five available suites ranging from 1,355 SF to 2,864 SF; Up to 8,520 SF of contiguous space can be accommodated; Former restaurant end‑cap suite
