Drive-Thru Retail
For Lease
Contact for pricing
505 E Thompson Rd, Indianapolis, IN 46227
Former CVS stand-alone retail building with drive-thru and pylon signage available.
Space Size10,125 SF
Days on Market799
Property Features for 505 E Thompson Rd
General Information
Standard status
Active
Size
10,125 SF
Property subtype
RETAIL
Space & Availability
Space Use
Retail
Sublease
Yes
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Building Details
Tenancy
Single
Spaces For Lease
at 505 E Thompson Rd Contact us- Floor
- Bldg
- Size
- 10,125 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- Yes
505 E Thompson Rd
- Former CVS stand-alone retail building for sublease
- Spacious interior with versatile...
show more
Contact us
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 454-7171
Listed By:
Matt Ferguson · License #RB17000936
(317) 679-4046
Source:
Moodyscre
Added: Jul 8, 2024
Changed: Sep 8
Last Checked: Sep 14 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This former CVS stand-alone retail building is available for sublease. The interior offers a spacious, versatile layout that can support a range of creative retail concepts. The building is positioned for visibility with a prominent facade and includes both pylon signage and a drive-thru.
Located at 505 E Thompson Rd in Indianapolis, the property benefits from its established retail presence in the surrounding area.
Ideal for tenants seeking a flexible retail environment in a freestanding format, the space includes the key exterior and access features buyers typically look for: pylon signage visibility and drive-thru functionality.
Located at 505 E Thompson Rd in Indianapolis, the property benefits from its established retail presence in the surrounding area.
Ideal for tenants seeking a flexible retail environment in a freestanding format, the space includes the key exterior and access features buyers typically look for: pylon signage visibility and drive-thru functionality.
Key Highlights
- Former CVS stand‑alone retail building available for sublease
- 10,125 SF interior with a versatile layout
- High visibility and prominent facade
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$17.14 /SF/Yr
Avg Asking Price
$2.22–$27.5 /SF/Yr
Price Range
8,556 SF
Avg Space Size
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former CVS stand-alone retail building with drive-thru and pylon signage available.
Where is this retail space located?
The property is located at 505 E Thompson Rd Indianapolis, IN.
What are key features of this property?
This property features: Former CVS stand‑alone retail building available for sublease; 10,125 SF interior with a versatile layout; High visibility and prominent facade
