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 Market845
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
Neighborhood
Southdale
Drive-Thru
Yes
Pylon Signage
Yes
Building Details
Tenancy
Single
Spaces For Lease
at 505 E Thompson Rd
505 E Thompson Rd
AVAILABLE, Now
Floor
Bldg
Size
10,125 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
Yes
- Former CVS stand-alone retail building for sublease
- Spacious interior with versatile layout
- High visibility & prominent facade
- Potential for creative retail environment
- Proven retail history in established area
- Pylon signage available, as well as a drive-thru
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: Oct 26
Last Checked: Oct 28 at 11:01AM
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.
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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
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Indianapolis, IN
$19.33 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
9,257 SF
Avg Space Size
Vacancy Rate% for Retail in Indianapolis, IN
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
