7940 US 31 S, Indianapolis, IN 46227

Spaces For Lease

at 7940 US 31 S Contact us

Listing agent Jamison J. Downs License #RB14049042

Listing office Veritas Realty Show Phone

Listing date Jun 8, 2026

Source Moodyscre

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Overview

This retail storefront benefits from highly visible signage with a large pylon sign, positioned for strong street presence. The property offers approximately 4,916 square feet and includes access designed for straightforward customer arrival and departure, supported by a total of about 104 parking spaces.

The site sits at a stoplight intersection and provides full ingress/egress to US-31 (37,082 VPD) and Shelby St. (9,169 VPD), for a combined traffic count of over 46,250 VPD. Additional connectivity is available to Stop 11 Rd. (18,225 VPD), supporting visibility and convenient approach from multiple directions.

Situated in a dynamic retail corridor serving southern Indianapolis and Greenwood, the location supports everyday retail needs by placing the storefront near major regional demand drivers, including Greenwood Park Mall and interstates I-65, I-69, and I-465. For retailers seeking an access-forward site with strong exposure, this property’s combination of traffic, intersection access, and on-site parking is well suited for a range of storefront concepts.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.138735

Latitude

39.65115

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FAQs

What type of property is this?

Retail space - Prominent retail storefront with full ingress and egress to US-31 and Shelby St., supported by 104 parking spaces.

Where is this retail space located?

The property is located at 7940 US 31 S Indianapolis, IN.

What are key features of this property?

This property features: Highly visible retail location with full ingress/egress to US‑31 (37,082 VPD) and Shelby St. (9,169 VPD); Combined traffic count of over 46,250 VPD across US‑31 and Shelby St., plus connectivity to Stop 11 Rd. (18,225 VPD); Stoplight intersection location