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CVS Sublease 38th Street Indianapolis 5110 E 38th St 12,900 SF of Retail Space Available in Indianapolis, IN 46218
SUBLEASE HIGHLIGHTS
- Former stand-alone CVS available for sublease through 1/31/2032
- Also, easy access from side street-Grand Ave.
- Busy location at 38th St. & Emerson Blvd., with ingress & egress on both streets
- Ample parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Various other CVS subleases available around the state.
- Sublease space available from current tenant
- Fully Built-Out as a Convenience Store
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Heating System
- Private Restrooms
- Security System
- Secure Storage
- Plug & Play
- DDA Compliant
- Private Restrooms
- Drive Thru
- Smoke Detector
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 12,900 SF | Gross Leasable Area | 12,900 SF |
| Property Type | Retail | Year Built | 2017 |
| Total Space Available | 12,900 SF |
| Property Type | Retail |
| Gross Leasable Area | 12,900 SF |
| Year Built | 2017 |
ABOUT THE PROPERTY
Property Description: 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! Location Description: 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.
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CVS Sublease 38th Street Indianapolis | 5110 E 38th St
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