Listed by Bradley Company Indianapolis
$8,150,000
5868 East 71st Street
Details
Property Type Retail
Square Footage 24,597
Units 130
Cap Rate 6.94%
NOI $566,008
Occupancy 100%
Tenancy Multi
Year Built 1970
Acreage 3.220
Zoning C-4
Ground Lease No
Binford Shoppes | 71st Street, Indianapolis
Investment highlights
- 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.
Listing Contacts
Listed by Bradley Company Indianapolis
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$566,007.94
$47,167.33/mo
Valuation Metrics
0
DSCR
6.94%
Cap Rate
6.94%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
