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Adjacent to the Castleton Square Mall 5641 E 86th St 3,200 SF of Retail Space Available in Indianapolis, IN 46250
HIGHLIGHTS
- Fronts 86th Street with ample parking.
- Excellent and consistent daytime traffic and daytime population throughout the week and weekends.
- The site is easily accessible from I-465 and Indianapolis’ most affluent suburbs Carmel, Fishers, and Noblesville.
- Highly trafficked retail and restaurant corridor.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Ground
High-traffic retail and restaurant corridor. The aerial reflects the retail and entertainment density of the trade area. Full-service restaurants located on 86th Street include Bravo, On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse. Also potential for Ground Lease. • Fronts 86th Street with ample parking. • The site is easily accessible from I-465 and Indianapolis’ most affluent suburbs Carmel, Fishers, and Noblesville. • Excellent and consistent daytime traffic and daytime population throughout the week and weekends.
- Space is an outparcel at this property
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.
PROPERTY FACTS
| Total Space Available | 3,200 SF | Gross Leasable Area | 3,200 SF |
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Restaurant | Construction Status | Proposed |
| Total Space Available | 3,200 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,200 SF |
| Year Built | 2026 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
High-traffic retail and restaurant corridor. The aerial reflects the retail and entertainment density of the trade area. Full-service restaurants located on 86th Street include Bravo, On The Border, Outback Steakhouse, Buca di Beppo, The Melting Pot, Buffalo Wild Wings, Ale Emporium, and Sapporo Japanese Steakhouse. Also potential for Ground Lease. • Fronts 86th Street with ample parking. • The site is easily accessible from I-465 and Indianapolis’ most affluent suburbs Carmel, Fishers, and Noblesville. • Excellent and consistent daytime traffic and daytime population throughout the week and weekends.
- Drive Thru
NEARBY MAJOR RETAILERS
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Adjacent to the Castleton Square Mall | 5641 E 86th St
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