Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

College Park Shopping Center 3643 W 86th St 19,676 SF Retail Building Indianapolis, IN 46268 $5,373,368 CAD ($273.09 CAD/SF) 8.25% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

100 Percent Occupied, Goodyear Anchored Retail Center | Strong Tenant Mix | Recently Renovated
Seven out of Eight Tenants have Net Leases | Half of the Tenants have Annual Rental Increases In-Place
One Mile from the On/Off Ramp of Interstate 465, which Sees 115,39 Vehicles per Day

Goodyear and Jordan Fish and Chicken have been Operating at this Location since 2017, Quality Nails since 1999
Frontage Along W 86th Street, which Sees 35,282 Vehicles per Day
Major retail corridor | close proximity to 800-bed hospital and industrial corridor

Executive Summary

College Park Shopping Center is a 100 percent occupied neighborhood retail center anchored by Goodyear and supported by a strong, service-oriented tenant mix. The property benefits from long-tenured occupancy, with key tenants operating at this location since 1999 and 2017, complemented by new leasing momentum from tenants signed between 2023 and 2025. Seven of eight tenants operate under net leases, half feature annual rent escalations, and multiple spaces have recently undergone extensive renovations. Positioned just off Interstate 465 (115,390 vehicles per day) with frontage along W 86th Street (35,282 vehicles per day), the center enjoys excellent visibility within a heavily traveled retail corridor. The property benefits from strong retail synergy with College Park Plaza, a nationally top-ranked shopping center located directly across the street, as well as other top-performing retailers in the area. It also benefits from close proximity to an 800-bed hospital and a dense industrial corridor to the west. The property is supported by a strong daytime population of 113,706 employees within a three-mile radius and an average household income of $130,792 within five miles.

Brochure