- For Sale $2,100,000
- Property Type Retail - Freestanding
- Property Size 10,125 SF
- Lot Size 1.14 Acre
- Year Built 1999
- Date Updated May 6, 2026
Description
Discover the vibrant surroundings of this property on the south side of Indianapolis, IN. Situated on the SW corner of Thompson Rd. & East St./US31S. Located in a dynamic area filled with a variety of amenities, tenants will enjoy easy access to popular dining options, retail centers, & recreational attractions. Within close proximity, locals & visitors can explore the beautiful Garfield Park. Multiple interstates & city thoroughfares (I-465, I-65, I-69, & US31S) are nearby.Perfect for retail investors, this impressive 10,125 SF free-standing building, constructed in 1999, offers a prime opportunity in the thriving Indianapolis area. Zoned ZO01, the property is ideal for a wide range of retail uses or adaptive redevelopments. Boasting ample space and a strategic location, this investment opportunity promises high visibility and accessibility. With its modern construction and desirable zoning, this property presents an exceptional chance to make an impact in the dynamic Indianapolis retail market.Previously occupied by a renowned retail brand, this stand-alone building offers a versatile & spacious interior, ideal for a wide range of retail uses. The property features a prominent facade, ample parking space, & high visibility, ensuring maximum business exposure. With a well-designed layout, flexible floor space, & potential for customization, tenants have the opportunity to create a dynamic retail environment tailored to their unique vision. Embrace the opportunity to lease this former CVS building & establish a thriving retail presence in a prime location.
Highlights
- Former CVS stand-alone retail building for sale
- High visibility & prominent facade
- Potential for creative retail environment
- Proven retail history in established area
- Pylon signage available, as well as a drive-thru
- Spacious interior with versatile layout
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Contacts
Matt Ferguson
Premier Commercial Real Estate Services | TCN Worldwide
Location
Located at 505 E. Thompson Rd., Indianapolis, IN 46227, this property is part of the West Edgewood neighborhood and Indianapolis market.
Contact Listing Broker
Matt Ferguson
Premier Commercial Real Estate Services | TCN Worldwide