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Shopping Strip

Thompson Commons

5202 E Thompson Rd, Indianapolis, IN 46237

Listing Price: $4,150,000

Cap Rate
7.30%
Gross SF
21,125
Rentable SF
21,125
Price/Gross SF
$196.45
Lot Size
4.10 acres
Year Built
2000

Investment Overview

The Dumes Falk Group is pleased to bring to market Thompson Commons in Indianapolis, IN.

Investment Highlights

  • Strip Center & Franciscan ExpressCare Outlot | 21,125 SF GLA | Kroger Marketplace Shadow Anchor | Indianapolis, IN
  • Situated Along Thompson Road with Four Lanes and a Center Turn Lane Offering Great Signage, Visibility and Access
  • Approximately One-Half Acre Outlot and/or Expansion Opportunity on the East Side of the Strip Center
  • 72 Months of Average Lease Term Remaining | Little to No Rollover Risk | Internet-Resistant Tenant Mix
  • Recent CAP-X Improvements: New Pylon Sign, HVAC (Replaced Five of Six Units), Lot Striping and Landscaping
  • All Triple-Net Leases with Management Reimbursed | Average Rent Per Foot are Below Market | Positioned Near a Signalized Intersection which Sees Approximately 43,000 VPD Combined
  • 30% Growth Since 2000 and Over 73,000 Residents with Avg. HH Incomes Exceeding $73,000 in Three-Miles | Densely Populated with More than 195,000 Residents and Over 170,000 Employees within Five-Miles
  • Located Eight-Miles from Downtown Indianapolis, 105-Miles from Cincinnati, OH and 110-Miles from Louisville, KY

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Shopping Strip

Thompson Commons

Listing Price: $4,150,000

Cap Rate
7.30%
Gross SF
21,125
Rentable SF
21,125
Price/Gross SF
$196.45
Lot Size
4.10 acres
Year Built
2000

Investment Highlights

  • Strip Center & Franciscan ExpressCare Outlot | 21,125 SF GLA | Kroger Marketplace Shadow Anchor | Indianapolis, IN
  • Situated Along Thompson Road with Four Lanes and a Center Turn Lane Offering Great Signage, Visibility and Access
  • Approximately One-Half Acre Outlot and/or Expansion Opportunity on the East Side of the Strip Center
  • 72 Months of Average Lease Term Remaining | Little to No Rollover Risk | Internet-Resistant Tenant Mix
  • Recent CAP-X Improvements: New Pylon Sign, HVAC (Replaced Five of Six Units), Lot Striping and Landscaping
  • All Triple-Net Leases with Management Reimbursed | Average Rent Per Foot are Below Market | Positioned Near a Signalized Intersection which Sees Approximately 43,000 VPD Combined
  • 30% Growth Since 2000 and Over 73,000 Residents with Avg. HH Incomes Exceeding $73,000 in Three-Miles | Densely Populated with More than 195,000 Residents and Over 170,000 Employees within Five-Miles
  • Located Eight-Miles from Downtown Indianapolis, 105-Miles from Cincinnati, OH and 110-Miles from Louisville, KY

Investment Overview

The Dumes Falk Group is pleased to bring to market Thompson Commons in Indianapolis, IN.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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