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Large Retail Center for Lease
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2239 N Morton St, Franklin, IN 46131

Spacious retail center with available pad site and approximately 26,997 daily vehicles on Morton Street/U.S. 31.

Space Size1,304 SF
Days on Market653

Property Features for 2239 N Morton St

General Information

Standard status Active
Size 1,304 SF
Property subtype RETAIL

Site & Location

Traffic Count 26,997 vehicles/day
Highway Access Yes
Road Access Yes

Spaces For Lease

at 2239 N Morton St Contact us

2239 N Morton St

Floor
1
Size
1,304 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 7 Last Checked: Sep 12 at 7:34AM

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 large retail center offers substantial existing space and the opportunity to add a pad site as well. Public remarks note it is the largest retail center in Franklin, over 337,000 square feet.

The center is located about one mile north of State Road 144 and downtown Franklin. It is approximately 12 miles south of Indianapolis. Daily traffic on Morton Street/U.S. 31 is reported at 26,997 vehicles.

As a leasing option with both a main retail center and an additional pad site, the property can support a range of retail configurations, subject to landlord and applicable approvals.

Key Highlights

  • Largest retail center in Franklin, over 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
Highway access
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
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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 - Spacious retail center with available pad site and approximately 26,997 daily vehicles 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, over 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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