Neighborhood Retail Center with Event
3119 East Thompson Road Indianapolis, IN 46227
3119 East Thompson Road, Indianapolis, IN, 46227
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For Sale
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55,580-square-foot retail center anchored by an event venue with grocery, dining, spa, and entertainment tenants.
Property Size55,580 SF
Price / SF$103.45
Days on Market23
Property Features for 3119 East Thompson Road
General Information
- Standard status
- Active
- Size
- 55,580 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing agency
Marcus & Millichap - Indianapolis
(317) 218-5316
Listed by
David Klink · License #RB 14049256
Source
Crexi
Added: Jun 29 Updated: Jul 20 at 9:36PM Checked: Jul 20 at 9:36PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Carson Square is a 55,580-square-foot neighborhood retail center offered for sale at 3119 East Thompson Road in Indianapolis, Indiana. The center is anchored by The Atrium, a nearly 20,000-square-foot event venue that hosts weddings, celebrations, corporate functions, and community events throughout the year.
Tenant support includes Thang Family Grocery, Gallagher's Pub & Eatery, Barn in Time Paw Spa, Seoul Spa, fitness concepts, and entertainment operators, creating a mix of experiential and service-oriented uses. The property also benefits from its immediate proximity to Roncalli High School, which serves more than 1,100 students, contributing to consistent daily activity in the surrounding area.
As an investment offering, Carson Square features in-place rents averaging just over $8.00 per square foot, with an opportunity to drive future performance through lease renewals and tenant turnover within an established Indianapolis retail corridor.
Tenant support includes Thang Family Grocery, Gallagher's Pub & Eatery, Barn in Time Paw Spa, Seoul Spa, fitness concepts, and entertainment operators, creating a mix of experiential and service-oriented uses. The property also benefits from its immediate proximity to Roncalli High School, which serves more than 1,100 students, contributing to consistent daily activity in the surrounding area.
As an investment offering, Carson Square features in-place rents averaging just over $8.00 per square foot, with an opportunity to drive future performance through lease renewals and tenant turnover within an established Indianapolis retail corridor.
Key Highlights
- 55,580 SF neighborhood retail center in Indianapolis, IN, built in 1974
- Anchored by The Atrium, a nearly 20,000 SF event venue for weddings, celebrations, corporate functions, and community events
- Tenant mix includes Thang Family Grocery, Gallagher's Pub & Eatery, Barn in Time Paw Spa, and Seoul Spa, plus fitness and entertainment operators
Property Analytics
Location Intelligence
Current Use by Public Records
Prema International
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - 55,580-square-foot retail center anchored by an event venue with grocery, dining, spa, and entertainment tenants.
Where is this shopping center located?
The property is located at 3119 East Thompson Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 55,580 SF neighborhood retail center in Indianapolis, IN, built in 1974; Anchored by The Atrium, a nearly 20,000 SF event venue for weddings, celebrations, corporate functions, and community events; Tenant mix includes Thang Family Grocery, Gallagher's Pub & Eatery, Barn in Time Paw Spa, and Seoul Spa, plus fitness and entertainment operators
