5868 East 71St St Indianapolis, IN 46220
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.