Former CVS Stand-Alone Retail
For Sale
Contact for pricing
505 E Thompson Rd. Indianapolis, Indianapolis, IN 46227
Spacious retail building with high visibility and drive-thru.
Property Size10,125 SF
Days on Market321
Property Features for 505 E Thompson Rd. Indianapolis
General Information
Standard status
Active
Size
10,125 SF
Property subtype
Retail
Building Details
Building Size
10,125 SF
Year Built
1999
Properties For Sale
at 505 E Thompson Rd. Indianapolis Contact us- Size
- 10,125 SF
- Type
- Free Standing Building
- Term
- Negotiable
505 E. Thompson Rd. (Sublease)
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 679-4046
Listed By:
Matt Ferguson · License #RB17000936
(317) 679-4046
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: May 9 at 12:54AM
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 stand-alone building, previously occupied by a renowned retail brand, offers a versatile and spacious interior suitable for various retail uses. The property features a prominent facade, ample parking, and high visibility, ensuring maximum business exposure. The well-designed layout and flexible floor space offer customization potential, allowing tenants to create a dynamic retail environment. The property benefits from a proven retail history in an established area. Pylon signage is available, along with a drive-thru. The property is situated on the south side of Indianapolis, IN, at the southwest corner of Thompson Rd. and East St./US31S, in a dynamic area with various amenities. It provides easy access to dining options, retail centers, and recreational attractions, including nearby Garfield Park. Multiple interstates and city thoroughfares, including I-465, I-65, I-69, and US31S, are nearby. The property size is 10125 square feet.
Key Highlights
- Prime location on the SW corner of Thompson Rd. & East St./US31S in Indianapolis, IN, offering high visibility and accessibility.
- Spacious interior with a versatile layout suitable for a wide range of retail uses and customization.
- Former CVS stand‑alone building with a proven retail history in an established area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Similar Off Market Nearby
- Med Ex Inc — 5644 Suite B, S Meridian St, Indianapolis, IN 46217
Frequently Asked Questions
What type of property is this?
Drug store - Spacious retail building with high visibility and drive-thru.
Where is this drug store located?
The property is located at 505 E Thompson Rd. Indianapolis Indianapolis, IN.
What are key features of this property?
This property features: Prime location on the SW corner of Thompson Rd. & East St./US31S in Indianapolis, IN, offering high visibility and accessibility.; Spacious interior with a versatile layout suitable for a wide range of retail uses and customization.; Former CVS stand‑alone building with a proven retail history in an established area.
