Binford Shoppes
Building Overview
- Address 5868 E. 71st St. | Indianapolis, IN 46220
- Transaction Type Investment Sale
- Price Summary $8,150,000
- Size (Ac) 3.22
- Property Type Retail
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.
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