5702 86Th StIndianapolis, IN 46250

For Lease
$15/SF/YR

Prime Castleton location, 20,766 SF available

Overview

Added:
Dec 11, 2024
Days on market:
91
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.

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 Details for 5702 86Th St

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
55,766 SF
Class
A
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

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.9131161
Longitude
-86.0712794
5702 86Th St, Indianapolis, Indiana

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5702 86Th St
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