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For Sale

Former CVS-Thompson Rd.

505 E. Thompson Rd., Indianapolis, IN 46227

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.

Key features

  • 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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Matt Ferguson

Premier Commercial Real Estate Services | TCN Worldwide

Building Details

  • 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

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (57)
  • Transit Score ®

    Some Transit (26)
  • Bike Score ®

    Somewhat Bikeable (49)
Powered by Walk Score ®

Location

  • City Indianapolis, IN
  • Neighborhood West Edgewood
  • Zip Code 46227
  • Market Indianapolis
  • Map
  • Street

Points of Interest

GetGo

1.02 miles

BP

1.83 miles

Shell

2.02 miles

Pilot

2.04 miles

Electrify America

3.45 miles

Tesla Supercharger

3.70 miles

ChargePoint

4.67 miles

Tesla Destination Charger

6.63 miles

Knight's Inn Check-In Parking

2.12 miles

Large Vehicle Parking Lot

2.14 miles

Truck Parking

2.15 miles

ADA Parking

2.19 miles

Lot C

4.48 miles

LaRosa South

4.51 miles

Lot 43 South

4.55 miles

Lot 48

4.60 miles

Lot 98

4.61 miles

21 Asian Grocery

0.80 miles

Big Lots

0.84 miles

Kroger

0.89 miles

Walmart Neighborhood Market

1.99 miles

ALDI

2.09 miles

Ram Tha Asian Grocery

2.28 miles

Walmart Supercenter

2.29 miles

Lemro Asian Grocery Store

2.29 miles

Ti Ti Asian Grocery

2.45 miles

505 E. Thompson Rd. Listing Summary

  • What is the asking price at Former CVS-Thompson Rd.?

    Former CVS-Thompson Rd. is currently listed for sale at Contact for pricing.

  • What is the total size of Former CVS-Thompson Rd.?

    Former CVS-Thompson Rd. has a total of 10,125 square feet.

  • What is the year built for Former CVS-Thompson Rd.?

    The year built for Former CVS-Thompson Rd. is 1999.

Contact Listing Broker
broker
Matt Ferguson

Premier Commercial Real Estate Services | TCN Worldwide

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