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Freestanding Retail Building
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5101 E Thompson Rd, Indianapolis, IN 46237

Full building available for lease with 94,209 SF, offering big-box or redevelopment potential in Indianapolis.

Property Size94,209 SF
Days on Market788

Property Features for 5101 E Thompson Rd

General Information

Standard status Active
Size 94,209 SF
Net Rentable 94,209 SF
Property subtype RETAIL

Space & Availability

Available Space 94,209 SF
Contiguous Space 94,209 SF

Building Details

Building Size 94,209 SF
Listing Agency: ECHO Retail | Indianapolis
Listed By: Christian Conville · License #RB14049505
Source: Moodyscre
Added: Jun 4, 2024 Changed: Jul 29 Last Checked: Jul 30 at 1:26PM

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 ECHO Retail | Indianapolis

Investment Insights

Based on property information with market context.

Available for lease, this freestanding retail building offers 94,209 SF of full-building space at 5101 E Thompson Rd in Indianapolis, IN 46237. The property is positioned as a big-box or redevelopment opportunity, with the entire facility available for an appropriate tenant or redevelopment plan.

Demographic context includes a population of 79,167 and 30,439 households, with a daytime population of 66,215 and a median household income of $64,358. Median age is 37.3.

The offering is best suited for users seeking a single-tenant configuration with full-building occupancy rather than a smaller retail suite.

Key Highlights

  • 94,209 SF full building available for lease in Indianapolis
  • Described as a big‑box or redevelopment opportunity
  • Demographics: population 79,167; households 30,439; median household income $64,358

Property Analytics

Current Use

Sears Appliance Repair Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Electrical Service Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
7,961 visits/mo 0.1 miles
Dollar General Shops & Services
6,539 visits/mo 0.2 miles

Demographics for 46237, IN

44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$17.98 /SF/Yr
Avg Asking Price
$11.43–$27.5 /SF/Yr
Price Range
4,109 SF
Avg Space Size

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Full building available for lease with 94,209 SF, offering big-box or redevelopment potential in Indianapolis.
Where is this retail space located?
The property is located at 5101 E Thompson Rd Indianapolis, IN.
What are key features of this property?
This property features: 94,209 SF full building available for lease in Indianapolis; Described as a big‑box or redevelopment opportunity; Demographics: population 79,167; households 30,439; median household income $64,358
(317) 218-8102 Call to check price and availability
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