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Property profile & analytics
OFF-MARKET
Strip malls

6120 Thompson Rd Indianapolis, IN 46237-3509

16,237 SF 1.85 ac lot Built 2008
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US31-1361701
Property summary
AI-generated overview

This exceptional 1,200 square foot retail space is located within a larger 16,300 square foot building at 6120 E Thompson Road, Unit B, Indianapolis, IN 46237. Built in 2008, this single-story building features a total of five suites and benefits from a highly visible location at the signalized intersection of Thompson Road and Arlington Avenue. The property enjoys excellent access to major thoroughfares, including I-465 and Emerson Avenue, ensuring high traffic volume and convenient access for customers. Average daily traffic counts on E Thompson Road reach 17,718 vehicles, while S Arlington Ave sees 14,983. The area is characterized by dense single-family residential neighborhoods, providing a strong customer base. This location is further enhanced by its proximity to a CVS pharmacy and the soon-to-open India Bazar Grocery Store, creating a synergistic retail environment. The property is zoned DP and is part of the Indianapolis submarket. This space presents a fantastic opportunity for businesses seeking high visibility and convenient access within a thriving community. One unit is currently available for lease.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Construction TYPE NOT SPECIFIED
Total area 16,237 SF
Lot 1.85 ac (80,455 SF)
Zoning code ZO01
APN 49-10-35-128-008.000-300
UPID US31-1361701
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
Current use
Occupant on record · Public records
  • Murphy's Pubhouse South Restaurant
  • Rise & Shine Breakfast House Restaurant
  • JW Barbershop Barber Shop
  • Western Union Bank Credit Union
  • Ryan Owens: Allstate Insurance Insurance Agency
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
Common Corners LLC · 10 yrs held
Common Corners LLC
since 2015
3 recorded transactions
2015
Price N/A
2015
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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