Strip Center With Marquee
For Sale
Contact for pricing
Pending
3121 E Thompson Rd, Indianapolis, IN 46227
Fully leased retail center with multiple tenants and prominent monument signage at its entrance.
Property Size55,684 SF
Lot Size6.10 Acres
Days on Market143
Property Features for 3121 E Thompson Rd
General Information
Standard status
Pending
Size
55,684 SF
Lot size
6.10 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
6%
Building Details
Tenancy
Multi
Listing Agency:
The Glenn Bill Group
(317) 590-7757
Listed By:
Glenn Bill · License #RB14015601
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 7:37PM
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 The Glenn Bill Group
Investment Insights
Based on property information with market context.
Carson Square is a 55,684-square-foot strip center occupying 6.1 acres. The property is fully leased to 14 tenants, with renewals in place, and includes a newer marquee sign positioned at the entrance. The reported 6% cap rate provides an additional investment metric.
The center is located at 3121 E Thompson Rd in Indianapolis, on the city’s Southside and within a residential neighborhood. Its retail configuration and established tenant occupancy support continued commercial use serving the surrounding area.
The center is located at 3121 E Thompson Rd in Indianapolis, on the city’s Southside and within a residential neighborhood. Its retail configuration and established tenant occupancy support continued commercial use serving the surrounding area.
Key Highlights
- 55,684 SF strip center on 6.1 acres
- Fully leased to 14 tenants with renewals
- 6% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon
Shops & Services
7,961 visits/mo
0.2 miles
Dollar General
Shops & Services
6,539 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased retail center with multiple tenants and prominent monument signage at its entrance.
Where is this strip mall located?
The property is located at 3121 E Thompson Rd Indianapolis, IN.
What are key features of this property?
This property features: 55,684 SF strip center on 6.1 acres; Fully leased to 14 tenants with renewals; 6% cap rate
