• Property Lists
  • Listings
    • Commercial Real Estate
  • Comparables
  • Owners
  • Maps
  • Resources
    • Learning Center
    • Blog
Add a Listing Advertise
  1. Retail Space
  2. IN
  3. Indianapolis

Former CVS-Thompson Rd.

For Lease 10,125 SF

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 lease
  • 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

Rental Details

  • Number of spaces 1
  • Total square feet available 10,125 SF
  • For Lease Price on request
  • Space Type Freestanding
  • Lease Type NNN
  • Latest Update Sep 1, 2026
Want more info on this listing?

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

True

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
505 E. Thompson Rd. Freestanding Price on request 10,125 SF - NNN

505 E. Thompson Rd.

Space Type

Freestanding

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

10,125 SF

Divisible Space

10,125 - 10,125 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

505 E. Thompson Rd.

Space Type
Freestanding
Lease Rate
Price on request
Total Space
10,125 SF
Lease Type
NNN
Space Type

Freestanding

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

10,125 SF

Divisible Space

10,125 - 10,125 SF

Available Date

Immediate

Lease Type

NNN

Sublease

Yes

Contacts

broker
Matt Ferguson

Premier Commercial Real Estate Services | TCN Worldwide

Building Details

  • For Lease Price on request
  • Property Type Retail - Freestanding
  • Property Size 10,125 SF
  • Lot Size 1.14 Acre
  • Additional Rent Price on request
  • Year Built 1999
  • Date Updated Sep 1, 2026

Location

  • City Indianapolis, IN
  • Neighborhood West Edgewood
  • Zip Code 46227
  • Market Indianapolis
  • Map
  • Street
  • Walk score 57/100 Somewhat Walkable
  • Transit score 26/100 Some Transit
  • Bike score 49/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Speedway

0.84 miles

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

Visitor

1.33 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

Aithawng Asia Grocery

0.73 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

Listing Summary

  • The Price for Retail Space at 505 E. Thompson Rd.

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 505 E. Thompson Rd.

    The property exclusively contains Freestanding space totaling 10,125 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. The property includes 1 large retail space(s) 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. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Matt Ferguson
broker
Matt Ferguson

Premier Commercial Real Estate Services | TCN Worldwide

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nearby Listings

Former Barber School

Former Barber School

5425 South East Street, Indianapolis, IN
Price on request
Property
  • Retail
  • 3,974 SF
Availability
  • 1 Space
  • 3,974 SF
Felbram Plaza North

Felbram Plaza North

3700 South East Street, Indianapolis, IN
Price on request
Property
  • Retail
  • 183,579 SF
Availability
  • 1 Space
  • 3,600 SF
3301-3315 Madison Ave. & 665-658 Murry St.

3301-3315 Madison Ave. & 665-658 Murry St.

3301 Madison Ave., Indianapolis, IN
$12.50/SF/YR
Property
  • Industrial
  • 22,075 SF
Availability
  • 1 Space
  • 2,500 SF
3131 Shelby St

3131 Shelby St

3131 Shelby St, Indianapolis, IN
$4,000.00/MO
Property
  • Retail
  • 3,732 SF
Availability
  • 1 Space
  • 3,732 SF
Southport Centre

Southport Centre

7301 US Highway 31, Indianapolis, IN
Price on request
Property
  • Retail
  • 104,086 SF
Availability
  • 5 Spaces
  • 22,879 SF

Popular Searches

  • Cincinnati Retail Space for Lease
  • Indianapolis Retail Space for Lease
  • Carmel Retail Space for Lease
  • Muncie Retail Space for Lease
  • Fishers Retail Space for Lease
  • Anderson Retail Space for Lease
  • Greenfield Retail Space for Lease
  • Lawrence Retail Space for Lease
  • Franklin Retail Space for Lease
  • Lebanon Retail Space for Lease
  • Indianapolis Commercial Real Estate
  • Cincinnati Commercial Real Estate
  • Muncie Commercial Real Estate
  • Noblesville Commercial Real Estate
  • Fishers Commercial Real Estate
  • Greenfield Commercial Real Estate
  • Greenwood Commercial Real Estate
  • Anderson Commercial Real Estate
  • Kokomo Commercial Real Estate
  • Westfield Commercial Real Estate
  • Indianapolis Office Space for Rent
  • Cincinnati Office Space for Rent
  • Carmel Office Space for Rent
  • Fishers Office Space for Rent
  • Muncie Office Space for Rent
  • Bloomington Office Space for Rent
  • Greenwood Office Space for Rent
  • Anderson Office Space for Rent
  • Noblesville Office Space for Rent
  • Plainfield Office Space for Rent
  • Blog
  • X
  • Facebook
  • Instagram
  • LinkedIn
  • About
  • Our Services
  • Contact Us
  • Sitemaps
  • Privacy Policy
  • Your CA Privacy Rights
  • Terms Of Service
  • FAQ

Customer Service

  • (718)715-1758
  • Contact us
Copyright 2003-2026, PropertyShark.com