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Conventional Restaurant Property
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867 U.S Highway 31 N, Greenwood, IN 46142

Restaurant property along US-31 with connections to Fry Road, Madison Avenue, and County Line Road.

Space Size5,225 SF
Days on Market5

Property Features for 867 U.S Highway 31 N

General Information

Standard status Active
Size 5,225 SF
Property subtype Restaurant

Site & Location

Traffic Count 39,026 vehicles/day
Highway Access Yes
Road Access Yes

Spaces For Lease

at 867 U.S Highway 31 N Contact us

#1

Size
5,225 SF
Availability
Active
Contact us
Listing Agency: Veritas Realty
Listed By: Seth Biggerstaff · License #IN RB14049856
Source: Crexi
Added: Sep 1 Changed: Sep 4 Last Checked: Sep 4 at 3:08PM

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 Veritas Realty

Investment Insights

Based on property information with market context.

This conventional restaurant property is located at 867 U.S. Highway 31 N in Greenwood, Indiana. Its position along US-31 places the site within a retail corridor serving Southern Indianapolis, Southport, Greenwood, Franklin, Whiteland, and Bargersville.

The surrounding commercial area includes Greenwood Park Mall, a 1.26M SF regional shopping center, along with Kohl's, Best Buy, Marshalls, HomeGoods, Ross, TJ Maxx, Ulta, and Lowe's. Access is available from US-31, Fry Road, Madison Avenue, and County Line Road. The property is also near I-65, I-69, and I-465, with US-31 carrying 39,026 vehicles per day.

Key Highlights

  • Located at 867 U.S. Highway 31 N, Greenwood, IN 46142
  • US‑31 traffic volume of 39,026 vehicles per day
  • Multiple access points via US‑31, Fry Road, Madison Avenue, and County Line Road

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

39,026 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby
169k
Monthly Visits Nearby
Under-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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property along US-31 with connections to Fry Road, Madison Avenue, and County Line Road.
Where is this conventional restaurant located?
The property is located at 867 U.S Highway 31 N Greenwood, IN.
What are key features of this property?
This property features: Located at 867 U.S. Highway 31 N, Greenwood, IN 46142; US‑31 traffic volume of 39,026 vehicles per day; Multiple access points via US‑31, Fry Road, Madison Avenue, and County Line Road
(317) 789-8171 Call to check price and availability
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