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Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,300 SF
Building Class
B
Year Built/Renovated
1970/2009
Price
$11,275,933 CAD
Price Per SF
$445.69 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.01 AC
Zoning
C-3
Parking
160 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
355’ on Binford Blvd

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • -
  • Jan 0000

21st Amendment Inc. was founded in 1971 to provide the greater Indianapolis metropolitan area with a convenient and affordable source for fine wine, spirits and beer. Their philosophy is simple; provide the customer with a great selection at everyday low prices. Combine this philosophy with a knowledgeable and courteous staff and customers can see why the 21st Amendment has become a popular choice. 21st Amendment is proud to be family owned and operated. They are also very proud of their low every day prices that they can offer shoppers.

  • Finance and Insurance
  • -
  • -
  • -
  • Jan 0000

Indiana Farm Bureau Insurance has protected fellow Hoosiers for more than 85 years. Organized in 1934 by Indiana Farm Bureau, Inc., their family of companies has grown to include insurance products for auto, life, home, business and farm. Banking and other financial services and products are also available. With a home office in downtown Indianapolis and local offices in all 92 counties, Indiana Farm Bureau Insurance serves Hoosiers with more than 450 agents and nearly 1,200 employees, who live and work throughout the state. Their company is a leader in auto and homeowners insurance and the largest writer of farm insurance in the Hoosier state. Their mission is to support Indiana Farm Bureau, Inc. and its members by being the premier provider of insurance and financial products and services in the communities they serve. Their vision is to provide distinctive products, service and solutions that enhance the financial health of clients and the company.

  • Finance and Insurance
  • -
  • -
  • -
  • Jan 0000

KeyBank is a regional banking institution operating under KeyCorp, headquartered in Cleveland, Ohio. The company was formed in 1994 through the merger of Society Corporation and KeyCorp, though its roots trace back to 1825. KeyBank provides a wide range of financial services, including consumer banking, commercial lending, investment management, mortgage services, and treasury solutions. The bank serves individuals, small businesses, and institutional clients across 15 states, with a significant presence in the Midwest, Northeast, and select western markets. KeyBank is publicly traded on the New York Stock Exchange under the ticker symbol KEY and is a member of the S&P 500. Its Phoenix office focuses on commercial banking and private client services, supporting regional businesses with lending and financial advisory solutions.

  • Little Ceasars
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Accommodation and Food Services
  • -
  • -
  • -
  • Jan 0000

Subway began in 1965 when Fred DeLuca and Peter Buck opened a submarine sandwich shop in Connecticut with a small investment and a handshake. The company grew through franchising and developed from a local sandwich shop into a global restaurant brand serving freshly made sandwiches at a value-oriented price point. Subway’s menu centers on submarine sandwiches and wraps, with additional offerings that include salads, cookies, soft drinks, and selected pizza items at some locations. The business operates through a large franchise network and maintains a significant presence across international markets while continuing to emphasize convenient, customizable meals.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - - Jan 0000
Finance and Insurance - - - Jan 0000
Finance and Insurance - - - Jan 0000
Little Ceasars - - $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services - - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,851 SF
  • Retail
  • -
  • Jul 2026
Space Size Space Use Position Available
1st Floor 1,851 SF Retail - Jul 2026

1st Floor

Size
1,851 SF
Space Use
Retail
Position
-
Available
Jul 2026
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Anytime Fitness
Starbucks
Kroger
Stock Yards Bank & Trust
Steak ‘n Shake
CrossFit

Property Taxes

Property Taxes

Parcel Number
49-02-27-125-011.000-400
Land Assessment
$1,047,950 CAD
Improvements Assessment
$1,997,936 CAD
Total Assessment
$3,045,886 CAD
  • Listing ID: 40736079

  • Date on Market: 2026-06-01

  • Last Updated:

  • Address: 5868 E 71st St, Indianapolis, IN 46220

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