5702 86Th St Indianapolis, IN 46250
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.
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Micro Center Tech Support Center IT Consulting Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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