Retail and Restaurant Corridor
For Lease
Contact for pricing
5641 E 86th Street, Indianapolis, IN 46250
Highly trafficked retail and restaurant space for lease.
Space Size3,200 SF
Days on Market284
Property Features for 5641 E 86th Street
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Retail - Street Retail
Building Details
Building Size
3,200 SF
Spaces For Lease
at 5641 E 86th Street Contact us- Size
- 3,200 SF
- Type
- Retail
- Rate
- Contact for pricing
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
5641 E. 86th St
Listing Agency:
Tharp Realty
Listed By:
Crystal Kennard · License #RB14051298
(317) 284-5534
Source:
Commercialcafe
Added: Nov 24, 2025
Changed: Sep 3
Last Checked: Sep 1 at 11:30PM
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 3,200 square foot retail space is located in a highly trafficked retail and restaurant corridor on 86th Street. The site fronts 86th Street and offers ample parking. Full-service restaurants in the area include On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse. The location is easily accessible from I-465 and the affluent suburbs of Carmel, Fishers, and Noblesville. The area experiences excellent and consistent daytime traffic and population throughout the week and on weekends. The property is also suitable for a ground lease.
Key Highlights
- Highly trafficked retail and restaurant corridor on 86th Street.
- Ample parking available.
- Easily accessible from I‑465 and affluent suburbs (Carmel, Fishers, Noblesville).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,273
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
Market
Lease Benchmarks for Indianapolis, IN
$18.42 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
7,493 SF
Avg Space Size
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Highly trafficked retail and restaurant space for lease.
Where is this retail space located?
The property is located at 5641 E 86th Street Indianapolis, IN.
What are key features of this property?
This property features: Highly trafficked retail and restaurant corridor on 86th Street.; Ample parking available.; Easily accessible from I‑465 and affluent suburbs (Carmel, Fishers, Noblesville).
