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Retail Center with Pad Site
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2239 N Morton St, Franklin, IN 46131

Retail shopping center for lease with a pad site option and daily traffic on Morton Street/U.S. 31.

Space Size2,312 SF
Days on Market651

Property Features for 2239 N Morton St

General Information

Standard status Active
Size 2,312 SF
Property subtype RETAIL

Site & Location

Traffic Count 26,997 vehicles/day
Road Access Yes

Spaces For Lease

at 2239 N Morton St Contact us

2239 N Morton St

Floor
1
Size
2,312 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Largest retail center in Franklin at over 337,000 sf - Pad site also available -...
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Listing Agency: Sandor/Sand Capital - Corporate
Listed By: Andrew Hasbrook
Source: Moodyscre
Added: Nov 29, 2024 Changed: Sep 5 Last Checked: Sep 10 at 1:04PM

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 Sandor/Sand Capital - Corporate

Investment Insights

Based on property information with market context.

This retail shopping center offers leasing opportunities within the largest retail center in Franklin, with a pad site also available. The property includes a primary retail development plus an additional land option for compatible commercial uses.

The center is located about one mile north of State Road 144 and downtown Franklin, and roughly 12 miles south of Indianapolis. Daily traffic is reported at 26,997 on Morton Street/U.S. 31, supporting strong drive-by visibility for retail activity.

For parties looking at space within a retail center and/or a pad site configuration, this location provides convenient regional access and established street-level traffic counts.

Key Highlights

  • Largest retail center in Franklin at 337,000+ SF
  • Pad site also available
  • Located one mile north of State Road 144 and downtown Franklin

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Garden Center Building Supply

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

26,997 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46131, IN

32,869
Population
13,151
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
261
Density / Sq Mi
$81,914
Median Household Income
$44,797
Median Earnings
$1,114
Median Rent
$227,800
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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Similar Off Market Nearby

  • Quick-Tag Meijer, 2390 N Morton St, Franklin, IN 46131

Frequently Asked Questions

What type of property is this?
Shopping center - Retail shopping center for lease with a pad site option and daily traffic on Morton Street/U.S. 31.
Where is this shopping center located?
The property is located at 2239 N Morton St Franklin, IN.
What are key features of this property?
This property features: Largest retail center in Franklin at 337,000+ SF; Pad site also available; Located one mile north of State Road 144 and downtown Franklin
(317) 524-7868 Call to check price and availability
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