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    FOR SALE
    Grocery and convenience stores

    5901 E Thompson Rd, Indianapolis, IN 46237

    2.08 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US31-0143495
    Property summary
    AI-generated overview

    This newly constructed, 17,000 square foot commercial property in Indianapolis, Indiana, offers a unique pre-leasing opportunity. Located at 5901 E. Thompson Rd., at the southwest corner of E. Thompson Rd. and S. Arlington Ave. in Franklin Township, this single building boasts over 250 feet of frontage on E. Thompson Rd., providing excellent visibility and accessibility. The property is ideally situated for various uses, including medical offices, coworking spaces, creative offices, and executive suites, as well as retail options. Flexible suite sizes ranging from 3,500 to 17,000 square feet are available, allowing for customization to meet specific tenant needs. The building's strategic location benefits from convenient access to both E. Thompson Rd. and Arlington Ave., with an additional access road from Arlington Ave. enhancing north-south transit. This vibrant area is surrounded by established businesses, including CVS, Village Pantry, Dollar General, local restaurants, and medical/dental offices. Major retailers such as Kroger Marketplace, Walmart Supercenter, Lowe's, and VASA Fitness are also nearby, ensuring high foot traffic and a strong customer base. The property's proximity to Greenwood Park Mall and Franciscan Health Indianapolis further enhances its appeal. This location offers exceptional opportunities for businesses seeking a dynamic and thriving environment in a community-oriented retail hub, close to Emerson Ave. and I-465. The year of construction is 2025, and the property is in Marion County, with a zip code of 46237.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE (W/FUEL PUMP)
    Lot 2.08 ac (90,736 SF)
    Zoning code ZO01
    APN 49-15-03-117-003.000-300
    UPID US31-0143495
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Winston Zander Enterprises LLC · 3 yrs held
    Winston Zander Enterprises LLC
    since 2023
    6 recorded transactions
    2023
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    ZO01 · Indianapolis, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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