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Gas Station with Auto-Service Garages
For Lease
$2,666/Mo

560 N State Road 135, Greenwood, IN 46142

Commercial Lease, Greenwood, IN

Space SizeContact for details
Lot Size3.88 Acres
Days on Market75

Property Features for 560 N State Road 135

General Information

Property type Commercial Lease
Property subtype Retail
Zoning Commercial
High school Center Grove High School
Elementary school district Center Grove Community School Corp
Middle school district Center Grove Community School Corp
High school district Center Grove Community School Corp
Directions GPS Friendly
Subdivision 4101 - Johnson - White River
Standard status Active
APN 410326044037000041
Lot size 3.88 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Se S26 T14 R3
Legal Description Se S26 T14 R3

Utilities

Utilities Natural Gas Available
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Robert Burlas · License #RB21001261
Added: Jun 30 Changed: Aug 28 Last Checked: Sep 12 at 10:06PM
MLS# 22111282

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 560 N State Road 135 in Greenwood, Indiana, this 3.88-acre commercial property includes an established Marathon Hoosier Gasway convenience store and fuel center. Two separate auto-service garages add flexible automotive space to the site, with the South garage measuring 1,600 SF and the North garage measuring 1,320 SF.

The property fronts State Road 135 and combines fuel sales, convenience retail, and automotive service uses within one commercial setting. Natural gas is available, and the existing layout supports leasing consideration for automotive-oriented and service-retail operations.

Key Highlights

  • 3.88‑acre commercial property at 560 N State Road 135, Greenwood, IN 46142
  • Established Marathon Hoosier Gasway convenience store and fuel center
  • Two freestanding auto‑service garages included

Property Analytics

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Current Use

U-Haul Neighborhood Dealer Car Rental Facility Aromatic mobile car ... Car Wash GW Auto Pro ... Auto Parts Store Cash2Bitcoin Bitcoin ATM Atm Royal Splash Car ... Car Wash

Suggested Use

Top Pick Big Box & Wholesale Store Daycare Center HVAC Service Kitchen & Bath Showroom Acupuncture Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby
236k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 28% Groceries 20%
Kroger Groceries
47,863 visits/mo 0.3 miles
McDonald's Dining
39,447 visits/mo 0.4 miles
Golden Corral Dining
25,431 visits/mo 0.5 miles
Crew Carwash Shops & Services
24,393 visits/mo 0.1 miles
Taco Bell Dining
15,188 visits/mo 0.4 miles

Demographics for 46142, IN

32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Commercially zoned property combines a fuel center, convenience store, and two freestanding automotive service buildings.
Where is this gas station located?
The property is located at 560 N State Road 135 Greenwood, IN.
What is the lease rate?
The lease rate is $2,666/Mo.
What are key features of this property?
This property features: 3.88‑acre commercial property at 560 N State Road 135, Greenwood, IN 46142; Established Marathon Hoosier Gasway convenience store and fuel center; Two freestanding auto‑service garages included
More about this property
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