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3250 W 86th St
Indianapolis, IN 46268 College Park

Rate Upon Request

Freestanding For Lease  •  30,077 SF

Property Details

  • Property Type Freestanding
  • Year Built 1997
  • Total Building Size 30,400 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning C
30 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 30,077 SF Rate Upon Request 
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.

  • Date available: May 2027
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Retail
  • Space Type: Relet

Description 

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.

Property Flyers

Amenities

  • Pylon Sign
  • Signage

Major Tenants

Tenant SF Occupied Lease End Date
CrossFit Dash
Staples

Public Transportation

AirportDriveWalkDistance
Indianapolis International 40 min - 22.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 94
Type: Surface
Included in Rent: Yes
John Holloway 317-401-8328 Veritas Realty
John Holloway 317-401-8328 Veritas Realty