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Retail Space Near Greenwood Park
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745 U.S Highway 31 North, Greenwood, IN 46142

Neighborhood shopping center with high visibility and convenient access.

Space Size1,154 SF - 4,100 SF
Days on Market280

Property Features for 745 U.S Highway 31 North

General Information

Standard status Active
Size 1,154 SF - 4,100 SF
Property subtype Retail

Spaces For Lease

at 745 U.S Highway 31 North Contact us

Suite 789 G

Size
4,100 SF
Availability
Available
Former Panera
Contact us

Suite 789 D

Size
1,533 SF
Availability
Available
Contact us

Suite 789 J

Size
1,154 SF
Availability
Available
Contact us
Listing Agency:
Listed By: Diana Zagarzhevskiy
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 29 at 6:32AM

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 Diana Zagarzhevskiy

Investment Insights

Based on property information with market context.

This neighborhood shopping center, Greendale Center, offers approximately 64,000 square feet of retail space. It is strategically located at the southern entrance of Greenwood Park Mall, a prominent retail destination in Central Indiana. The center benefits from its location along U.S. 31, a major retail corridor, ensuring high visibility and strong traffic counts. Signalized access further enhances convenience for customers.

Key Highlights

  • Located on U.S. 31, a dominant retail corridor.
  • Exceptional visibility.
  • Strong traffic counts.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Dental Office

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

563
Businesses Nearby
169k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 37% Shops & Services 31% Dining 24% Electronics 3%
Rural King Home Improvements & Furnishings
52,371 visits/mo 0.2 miles
Dollar Tree Shops & Services
18,288 visits/mo 0.2 miles
Speedway Shops & Services
17,369 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,807 visits/mo 0.3 miles
Burger King Dining
10,349 visits/mo 0.2 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

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?
Shopping center - Neighborhood shopping center with high visibility and convenient access.
Where is this shopping center located?
The property is located at 745 U.S Highway 31 North Greenwood, IN.
What are key features of this property?
This property features: Located on U.S. 31, a dominant retail corridor.; Exceptional visibility.; Strong traffic counts.
More about this property
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