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    5868 71St St Indianapolis, IN 46220

    For Lease
    Contact for pricing

    Prime Indianapolis retail space, Kroger-anchored.

    Lot size:
    2,407 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,407-square-foot retail space is located within the Binford Shoppes, a thriving shopping center in Indianapolis, Indiana. Situated at 5868 E 71st St, zip code 46220, this single-tenant property offers a fantastic opportunity for businesses seeking high visibility and foot traffic. The center boasts a strong anchor tenant, Kroger, ensuring consistent customer flow and a vibrant shopping environment. The property is ideally suited for a variety of retail or restaurant uses, providing ample space for a diverse range of businesses. Its convenient location in Indianapolis offers easy access to major roadways and a dense residential population, guaranteeing a substantial customer base. This last remaining vacancy presents a unique chance to establish a presence in a well-established and successful shopping center. The property's size and layout are highly adaptable, allowing for customization to meet specific business needs. Interested parties are encouraged to inquire for further details and to schedule a viewing of this exceptional retail opportunity. The property is located at 39.88418929953345 latitude and -86.06684837278503 longitude.

    Property Features for 5868 71St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,407 SF

    Unit(s) available at that property

    Space
    Size
    2,407 SF

    HighLights

    • 2,407‑square‑foot retail space available in the Binford Shoppes, Indianapolis, IN.
    • Located at 5868 E 71st St, zip code 46220.
    • Anchored by Kroger, ensuring high foot traffic.
    • Suitable for various retail or restaurant uses.
    • Excellent location with easy access to major roadways and a dense residential population.
    • Last remaining vacancy in a successful shopping center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Moonflower Marketing Graphic Designer Golden’s Fish & Chicken ... Fast Food Restaurant Circle City Software ... Software Company Hans Confer Insurance Agency Advance Look Building ... Home Inspector

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.066848372785
    Latitude
    39.884189299533

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    FAQs

    What type of property is this?
    Restaurant - Prime Indianapolis retail space, Kroger-anchored.
    Where is this restaurant located?
    The property is located at 5868 71St St Indianapolis, IN.
    What are key features of this property?
    This property features: 2,407-square-foot retail space available in the Binford Shoppes, Indianapolis, IN.; Located at 5868 E 71st St, zip code 46220.; Anchored by Kroger, ensuring high foot traffic.
    Request Owner's contact information
    5868 71St St Indianapolis, IN 46220
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    Indianapolis, IN 46220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5868 71St St Indianapolis, IN 46220
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