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3119-3149 E Thompson Rd
Indianapolis, IN 46227 Edgewood

$5,750,000 USD

Freestanding For Sale  •  55,620 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 55,620 SF
  • Lot Size 6.1 AC
  • Building Class C
  • Year Built 1974
  • Cap Rate 8.32 %
  • Tenancy Multiple
0 Transit Score
40 Walk Score

Highlights

Carson Square is 100% occupied by local, service-based retailers that cater to the immediate neighborhood
82% of the GLA operates under triple-net leases
The diverse tenant mix at Carson Square provides a shopping, dining, and entertainment experiences
Majority of the tenants have annual rental increases throughought the remainder of the firm term of their lease
No renewal option periods remaining on any of the current tenants allows an incoming investor to renogtiate leases to market rate

Property Flyers

Cap Rate: 8.32 %

Major Tenants

Tenant SF Occupied Lease End Date
Boom Boom Room 9/19/2023
Edgewood Barber Shop Llc 3/14/2014
Final Gravity Home Brew Supply, LLC
laura's personal fitness 5/22/2022
Purpose Driven K9, Inc.
Sai Van
Stop 11 Road church of Christ
The Allstate Corporation
The Atrium
The Bazaar 3/27/2018

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Indianapolis International 30 min - 16.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 367
Type: Surface
Included in Rent: Yes
Jordan Klink 317-218-5316 Marcus & Millichap
Jordan Klink 317-218-5316 Marcus & Millichap