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3250 W 86th St 30,077 SF of Retail Space Available in Indianapolis, IN 46268
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 30,077 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
30,077 SF of existing retail space available for lease with additional ground lease options from 0.75 to 2.37 acres. Highly visible location on 86th Street with shared Walmart entrance and access to Michigan Road. Strong daytime population supported by nearby office parks and major employers. Dynamic trade area featuring Trader Joe’s, Target, Kroger, Lowe’s, Costco, and numerous restaurants. Traffic counts of approximately 31,897 vehicles per day along 86th Street. Flexible site plan accommodating retail, service, or pad development opportunities.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Highly visible location on 86th Street
- Strong daytime population
- Traffic counts of approx. 31,897 vehicles per day
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 3250 W 86th St, Indianapolis, IN 46268
- Tenant
- Description
- US Locations
- Reach
- CrossFit Dash
- Fitness
- 7,423
- International
- Staples
- Office Supply
- 1,448
- International
| Tenant | Description | US Locations | Reach |
| CrossFit Dash | Fitness | 7,423 | International |
| Staples | Office Supply | 1,448 | International |
Property Facts
| Total Space Available | 30,077 SF | Gross Leasable Area | 30,400 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding | Parking Ratio | 3.12/1,000 SF |
| Total Space Available | 30,077 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 30,400 SF |
| Year Built | 1997 |
| Parking Ratio | 3.12/1,000 SF |
About the Property
This property offers a prime retail leasing opportunity in one of Indianapolis’ most dynamic trade areas. Located on West 86th Street with direct access to Michigan Road, the site benefits from exceptional visibility and a shared entrance with Walmart, ensuring strong consumer traffic. The property includes 30,077 SF of existing space for lease and two proposed ground lease pads totaling up to 2.37 acres, providing flexibility for a variety of retail or service uses. The surrounding area features a robust mix of national retailers and restaurants, including Trader Joe’s, Lowe’s, Target, Kroger, Costco, and numerous dining options. The corridor is supported by a strong daytime office population from nearby business parks such as College Park and Park 100, as well as major employers and healthcare facilities. Traffic counts along 86th Street exceed 31,000 vehicles per day, reinforcing the site’s high exposure and accessibility. Indianapolis continues to experience significant growth, with a thriving economy and strong household income levels. This location is ideal for retailers seeking to capitalize on a high-traffic corridor within a vibrant commercial hub.
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3250 W 86th St
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