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Castleton Square Pavilion 5612-5769 Castleton Corner Ln 1,600 - 7,120 SF of Flex Space Available in Indianapolis, IN 46250
HIGHLIGHTS
- Power Center in the super-regional shopping district of Castleton Square Mall Join Golf Galaxy, The RoomPlace, Harbor Freight Tools, Outback Steakhous
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,600-7,120 SF | 10’ - 12’ | Negotiable | $15.50 /SF/YR $1.29 /SF/MO $110,360 /YR $9,197 /MO | Triple Net (NNN) |
5739-5771 E 86th St - 1st Floor
Showroom space in Castleton Square Pavilion with 90 feet of storefront and excellent visibility.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 10’ - 12’
- Located in-line with other retail
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 CASTLETON SQUARE PAVILION
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bugambilias
- Restaurant
- 1
- Local
- Dinetteland
- Appliances
- 1
- Local
- Downtown Comics
- Card/Gifts
- 1
- Regional
- Midwest Bartenders School Inc
- Other Services
- 1
- -
- Outback Steakhouse
- Restaurant
- 807
- International
- Smiley
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bugambilias | Restaurant | 1 | Local |
| Dinetteland | Appliances | 1 | Local |
| Downtown Comics | Card/Gifts | 1 | Regional |
| Midwest Bartenders School Inc | Other Services | 1 | - |
| Outback Steakhouse | Restaurant | 807 | International |
| Smiley | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
86th and Allisonville is the gateway to I-465 for East Carmel and West Fishers, 2 very affluent north side suburbs. Power Center in the super-regional shopping district of Castleton Square Mall Join Golf Galaxy, The RoomPlace, Harbor Freight Tools, Outback Steakhouse, Smiley Entertainment, and more in a very well-situated power center adjacent to Castleton Square Mall.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Castleton Square Pavilion | 5612-5769 Castleton Corner Ln
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