Corporate-Guaranteed Bank
For Sale
Contact for pricing
Pending
5640 W 86th St, Indianapolis, IN 46278
A bank asset with corporate guarantee and ground-lease structure occupies an outparcel at a retail shopping center.
Property SizeContact for details
Days on Market145
Property Features for 5640 W 86th St
General Information
Standard status
Pending
Property subtype
Retail
Net Operating Income
$93,170
Financials
Asking Price
$1,825,000
Cap Rate
5.1%
Additional Details
Traffic Count
50,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
First Street Brokerage
Listed By:
Jeff Christian · License #CA 01461046
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 1:47AM
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 First Street Brokerage
Investment Insights
Based on property information with market context.
This bank property is offered as a corporate-guaranteed investment with a ground-lease structure. The current ground-lease term runs through 10/31/25, followed by 4-5 year options that include 10% bumps. The lease economics include a 5.10% cap rate.
The property is located at 5640 W 86th St in Indianapolis, Indiana, and serves as an outparcel to Traders Point Shopping Center. The shopping center contains 257,000 SF, while the surrounding area records a traffic count of 50,000 VPD. Average household income is reported at $128k. The asset combines an established banking use with documented lease extension provisions and a corporate guarantee.
The property is located at 5640 W 86th St in Indianapolis, Indiana, and serves as an outparcel to Traders Point Shopping Center. The shopping center contains 257,000 SF, while the surrounding area records a traffic count of 50,000 VPD. Average household income is reported at $128k. The asset combines an established banking use with documented lease extension provisions and a corporate guarantee.
Key Highlights
- Corporate guarantee supports the bank tenancy
- Ground‑lease term extends through 10/31/25
- 4‑5 year options with 10% bumps
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
158k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 22%
Leisure 22%
Apparel 18%
Amc Traders Point 12
Leisure
35,376 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
22,118 visits/mo
0.3 miles
Michaels
Shops & Services
18,991 visits/mo
0.1 miles
BP
Shops & Services
17,585 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
14,727 visits/mo
0.3 miles
Demographics for 46278, IN
8,910
Population
3,357
Households
2.7
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
675
Density / Sq Mi
$153,930
Median Household Income
$79,007
Median Earnings
$1,172
Median Rent
$420,200
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?
Bank - A bank asset with corporate guarantee and ground-lease structure occupies an outparcel at a retail shopping center.
Where is this bank located?
The property is located at 5640 W 86th St Indianapolis, IN.
What are key features of this property?
This property features: Corporate guarantee supports the bank tenancy; Ground‑lease term extends through 10/31/25; 4‑5 year options with 10% bumps
