Neighborhood Shopping Center
For Lease
$5,640/Mo
3115 Meridian Parke Drive, Greenwood, IN 46142
COMMERCIAL - Greenwood, IN
Space SizeContact for details
Property Size31,673 SF
Lot Size4.57 Acres
Days on Market93
Property Features for 3115 Meridian Parke Drive
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
PUD
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
410335011003000041
Lot size
4.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Meridian Parke Amended Lot 3
Legal Description
Meridian Parke Amended Lot 3
Building Details
Year built
1989
Floors in Building
1
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
(317) 846-6300
Listed By:
Josie Lavey · License #RB20001480,INDIANA
(317) 846-6300
Added: May 4
Changed: Jun 16
Last Checked: Aug 4 at 7:06AM
MLS# 22099655
Copyright © 2026 MIBOR Service Corporation. 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.
Meridian Parke Plaza is a 31,673 SF neighborhood shopping center configured to serve daily shopping needs, with currently available 1,800–1,850 SF suites. The center supports a mix of service and specialty tenants, and it is locally owned and operated with responsive management.
The property is located along Greenwood’s primary SR 135 retail corridor, a key retail node in the area. Shadow anchors include Meijer and Kroger, providing an established customer draw for the surrounding tenant mix. The center’s location is positioned for convenient access and regular traffic flow associated with an active retail strip.
Suites at Meridian Parke are suitable for retail and service use, as well as medical users, depending on tenant requirements. For operators seeking a neighborhood center environment with established anchors and a practical suite size, this available space offers a straightforward path to tenancy within an active retail setting.
The property is located along Greenwood’s primary SR 135 retail corridor, a key retail node in the area. Shadow anchors include Meijer and Kroger, providing an established customer draw for the surrounding tenant mix. The center’s location is positioned for convenient access and regular traffic flow associated with an active retail strip.
Suites at Meridian Parke are suitable for retail and service use, as well as medical users, depending on tenant requirements. For operators seeking a neighborhood center environment with established anchors and a practical suite size, this available space offers a straightforward path to tenancy within an active retail setting.
Key Highlights
- 31,673 SF neighborhood shopping center built in 1989 along Greenwood’s SR 135 retail corridor
- Shadow‑anchored by Meijer and Kroger
- 1,800–1,850 SF suites available for retail, service, or medical users
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$0.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
493k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Groceries 32%
Shops & Services 18%
Meijer
Groceries
78,528 visits/mo
0.3 miles
Chick-fil-A
Dining
49,421 visits/mo
0.3 miles
Kroger
Groceries
47,863 visits/mo
0.1 miles
Texas Roadhouse
Dining
39,521 visits/mo
0.5 miles
McDonald's
Dining
39,447 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — Kroger - Central, 3100 Meridian Parke Dr, Greenwood, IN 46142
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Frequently Asked Questions
What type of property is this?
Shopping center - Available inline retail, service, or medical suite within a Meijer- and Kroger-shadowed neighborhood center.
Where is this shopping center located?
The property is located at 3115 Meridian Parke Drive Greenwood, IN.
What is the lease rate?
The lease rate is $5,640 /Mo.
What are key features of this property?
This property features: 31,673 SF neighborhood shopping center built in 1989 along Greenwood’s SR 135 retail corridor; Shadow‑anchored by Meijer and Kroger; 1,800–1,850 SF suites available for retail, service, or medical users
