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Add a Listing Advertise
  1. Retail Space
  2. IN
  3. Indianapolis

38th St CVS Sublease

For Lease 12,900 SF

5110 E. 38th St., Indianapolis, IN 46218

This bustling area offers a diverse array of nearby amenities & attractions. Situated at the busy intersection of 38th St. & Emerson Blvd. With its dynamic mix of retail & entertainment offerings, the area surrounding the location provides an enticing backdrop for businesses seeking to connect with a diverse & active customer base.Introducing a prime commercial space at 5110 E. 38th St. in Indianapolis. This stand-alone building was a former CVS location &offers a highly visible & bustling location at the intersection of 38th St. & Emerson Blvd. The property boasts ample parking, making it an ideal choice for businesses seeking high foot traffic & accessibility. Available for sublease through 1/31/2032, this property presents an exceptional opportunity for businesses looking to establish a strong presence in this vibrant area. Don't miss out on this remarkable leasing opportunity!

Key features

  • Also, easy access from side street-Grand Ave.
  • Ample parking
  • Busy location at 38th St. & Emerson Blvd., with ingress & egress on both streets
  • Former stand-alone CVS available for sublease through 1/31/2032

Rental Details

  • Number of spaces 1
  • Total square feet available 12,900 SF
  • For Lease Price on request
  • Space Type Freestanding
  • Lease Type NNN
  • Latest Update Nov 9, 2026
View Attachment
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Reach out to the broker for more info on lease terms and amenities

True

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
5110 E. 38th St. Freestanding Price on request 12,900 SF - NNN

5110 E. 38th St.

Space Type

Freestanding

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

12,900 SF

Divisible Space

12,900 - 12,900 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

Sublease Expiry

Jan 31, 2032

5110 E. 38th St.

Space Type
Freestanding
Lease Rate
Price on request
Total Space
12,900 SF
Lease Type
NNN
Space Type

Freestanding

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

12,900 SF

Divisible Space

12,900 - 12,900 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

Sublease Expiry

Jan 31, 2032

Contacts

broker
Pete Alveal

Premier Commercial | TCN Worldwide

Building Details

  • For Lease Price on request
  • Property Type Retail - Freestanding
  • Property Size 12,900 SF
  • Lot Size 1.64 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 2006
  • Date Updated Nov 9, 2026

Location

  • City Indianapolis, IN
  • Neighborhood Devington
  • Zip Code 46218
  • Market Indianapolis
  • Map
  • Street
  • Walk score 61/100 Somewhat Walkable
  • Transit score 36/100 Some Transit
  • Bike score 44/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Speedway

1.39 miles

BP

1.45 miles

Citgo

1.87 miles

Thorntons

2.01 miles

Mobil

2.22 miles

Ricker's

2.56 miles

ChargePoint

5.61 miles

Tesla Supercharger

5.91 miles

Tesla Destination Charger

6.11 miles

eVgo

6.24 miles

bus

2.46 miles

Walnut Trailhead Parking

3.98 miles

Childrens Museum Parking Garage

4.19 miles

Cumulus Parking lot

4.21 miles

Lawrence Creek Trailhead Parking

4.21 miles

Cumulus Parking Lot

4.22 miles

Julia M. Carson Learning Resource Center & Parking Garage

4.26 miles

Home Depot Parking Lot

4.39 miles

Broad Ripple Garage

4.52 miles

Back-In Parking

4.57 miles

Indy Fresh Market

1.19 miles

Walmart Neighborhood Market

1.93 miles

Safeway

2.54 miles

ALDI

2.57 miles

KB International Inc

2.71 miles

Meijer

2.92 miles

Big Lots

3.09 miles

Dollar General Market

3.26 miles

Kroger

3.28 miles

Food Stop Market

3.34 miles

Listing Summary

  • Property Characteristics

    This retail property is rated Class C based on its characteristics, amenities, and location. Located at 5110 E. 38th St., it was completed in 2006.

  • Retail Space Available

    The property exclusively contains Freestanding space totaling 12,900 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • 5110 E. 38th St. includes 1 large retail space of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations.
Contact Pete Alveal
broker
Pete Alveal

Premier Commercial | TCN Worldwide

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