5868 E 71st St - Storefront FOR SALE


Indianapolis, IN 46220- Allisonville
$8,150,000 USD
317-517-2310
5868 E 71st St, Indianapolis, IN for Sale
$8,150,000 USD
Storefront - FOR SALE
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5868 E 71st St
Indianapolis, IN 46220
Allisonville


OVERVIEW

The property is 100% leased to a diversified tenant roster, providing immediate in-place cash flow with a weighted average lease term of approximately 5 years. The property is directly adjacent to a Kroger grocery store with a fuel station, serving as a dominant daily-needs anchor that drives consistent traffic to the surrounding area. The store recorded approximately 1.1 million visits in 2025, ranking #1 among Kroger locations within a five-mile radius. Located within an affluent and dense trade area, the property is supported by approximately 62,700 residents within a 3-mile radius and average household incomes exceeding $143,000 within a 1-mile radius.

FOR SALE DETAILS

PRICE

$8,150,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Binford Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

3.01 AC

LAND SF

131,116 SF

ZONING

C-3

APN/PARCEL ID

49-02-27-125-011.000-400

ASK ABOUT THIS PROPERTY

Nicholas R. MillerBradley CompanyMore Info
317-517-2310

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Nicholas R. MillerBradley CompanyMore Info
317-517-2310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.