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Bank Branch with Drive-Thru Lanes
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1275 Us Highway 31 N, Greenwood, IN 46142

Bank branch located inside Greenwood Park Mall with US 31 frontage, drive-thru lanes, and an in-place vault and offices.

Property Size4,535 SF
Days on Market60

Property Features for 1275 Us Highway 31 N

General Information

Standard status Active
Size 4,535 SF
Total Parking Spaces 20
Property subtype RETAIL

Site & Location

Traffic Count 40,970 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

drive-thru lanes
ATM lane
private offices
conference room
kitchen/break area
vault
safe deposit boxes
Listing Agency: Avison Young | Indianapolis
Listed By: Chris Helft · License #RC51500037
Source: Moodyscre
Added: Jul 16 Changed: Sep 2 Last Checked: Sep 12 at 9:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Indianapolis

Investment Insights

Based on property information with market context.

This bank branch is located within Greenwood Park Mall and features prominent frontage along US 31. The property offers three drive-thru lanes plus a dedicated ATM lane for efficient customer service.

Internally, the space includes an existing vault with safety deposit boxes and a secure safe deposit room. Office accommodations include ten private offices, a conference room, and a kitchen/break area, supported by 20 on-site parking spaces.

The combination of a customer-friendly drive-thru configuration and purpose-built banking improvements, together with high daily traffic exposure on US 31, makes the property well-suited for an operating bank branch.

Key Highlights

  • Bank branch location inside Greenwood Park Mall with prominent US 31 frontage
  • Strong traffic counts with 40,970 average daily traffic on US 31
  • Drive‑thru setup includes three drive‑thru lanes plus a dedicated ATM lane

Property Analytics

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Current Use

Banks

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Big Box & Wholesale Store HVAC Service Electrical 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

40,970 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,361
Businesses Nearby
947k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 31% Apparel 24% Dining 23% Groceries 7%
DICK'S Sporting Goods Apparel
102,581 visits/mo 0.4 miles
Macy's Apparel
71,451 visits/mo 0.3 miles
Five Below Shops & Services
55,292 visits/mo 0.4 miles
Barnes & Noble Shops & Services
50,410 visits/mo 0.1 miles
Olive Garden Dining
45,696 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Bank - Bank branch located inside Greenwood Park Mall with US 31 frontage, drive-thru lanes, and an in-place vault and offices.
Where is this bank located?
The property is located at 1275 Us Highway 31 N Greenwood, IN.
What are key features of this property?
This property features: Bank branch location inside Greenwood Park Mall with prominent US 31 frontage; Strong traffic counts with 40,970 average daily traffic on US 31; Drive‑thru setup includes three drive‑thru lanes plus a dedicated ATM lane
(317) 213-3246 Call to check price and availability
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