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5702 86Th St Indianapolis, IN 46250

Sponsored
For Lease
$15 SF/Yr

Prime Castleton location, 20,766 SF available

Lot size:
55,766 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional retail opportunity presents 20,766 square feet of available space within a larger 55,766 square foot, Class A building situated on 9.115 acres of land in Indianapolis, Indiana. The property, located at 5702 E 86th Street (86th Street & Castle Creek Parkway), boasts a prime location in the Castleton submarket, directly across from Castleton Square Mall, a super-regional mall, and near a Costco. Built in 1996 and extensively renovated in 2023, the single-story building features multiple suites, with a minimum divisible space of 20,766 square feet and a maximum contiguous space of 20,766 square feet. The property offers convenient access and high visibility due to its location in a bustling commercial area with significant foot traffic. The property includes ample parking with 250+ spaces. Utilities include electric and gas. Zoned C-3, this property is ideal for a variety of retail uses. The property's tax cost per square foot is $1.42. The building consists of three structures. There are no elevators. The APN is 49-02-16-106-010.000-800. This is a rare opportunity to secure a prominent retail presence in a thriving Indianapolis market.

Property Features for 5702 86Th St

General Information

Property type
Retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
55,766 SF
Class
A
Total Rate
69707.5

Building Details

Year Built/Renovated
1996/2023
Buildings
3
Stories
1

Unit(s) available at that property

Space
Available Space 1
Size
20,766 SF
Rate per SF
$15

HighLights

  • 20,766 SF of available retail space in a 55,766 SF Class A building on 9.11 acres in Indianapolis' Castleton submarket.
  • Prime location across from Castleton Square Mall and near Costco.
  • Recently renovated single‑story building with ample parking (250+ spaces), pylon signage, and dual entrances.
  • Features open ceiling, two truck recessed dock, backup power system, and trash compactor.
  • Overflow parking available for employees and deliveries.
Property Profile Location Intelligence

Current Use by Public Records

Micro Center Computer Support And Services

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.0712794
Latitude
39.9131161

FAQs

What type of property is this?
Retail property - Prime Castleton location, 20,766 SF available
Where is this retail property located?
The property is located at 5702 86Th St Indianapolis, IN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 20,766 SF of available retail space in a 55,766 SF Class A building on 9.11 acres in Indianapolis' Castleton submarket.; Prime location across from Castleton Square Mall and near Costco.; Recently renovated single-story building with ample parking (250+ spaces), pylon signage, and dual entrances.
More about this property
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