Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3115 Meridian Parke Dr Greenwood, IN 46142

    For Lease
    Contact for pricing

    High-traffic retail space, 1,500 sq ft.

    Lot size:
    31,673 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Meridian Parke Shopping Center offers a prime retail opportunity within a thriving commercial area. This single-story, 31,673 square foot shopping center sits on a 4.6-acre parcel, strategically located along a well-established retail corridor. The property boasts excellent visibility and accessibility with multiple points of ingress and egress. A significant advantage is its shadow-anchored position by major retailers Kroger and Meijer, ensuring high foot traffic. The center's proximity to other prominent national retailers such as Target, Home Depot, Menards, Walmart, and LA Fitness further enhances its desirability. Currently, one retail space of approximately 1,500 square feet is available (Unit O). The property features pylon signage opportunities for increased brand visibility. The center is zoned PUD and currently includes Jack's Donuts among its tenants. This presents a unique chance to establish a business within a bustling retail environment, benefiting from the established customer base and high traffic volume of the surrounding area. The available space is ideal for a variety of retail or restaurant concepts.

    Property Features for 3115 Meridian Parke Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,673 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    O
    Size
    1,500 SF

    HighLights

    • 31,673 SF retail shopping center on a 4.6‑acre parcel.
    • One 1,500 SF retail space available.
    • Located on a well‑established retail corridor, shadow‑anchored by Kroger and Meijer.
    • Nearby national retailers include Target, Home Depot, Menards, Walmart, and LA Fitness.
    • Features multiple points of ingress/egress and pylon signage opportunity.
    • Zoned PUD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Footworx L.L.C. Personal Trainer Nail Reflections Nail Salon Nayan Brows & Lashes Beauty Salon Western Union Money Transfer Service Platinum Hair Studio Hair Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Johnson
    State
    Indiana
    Longitude
    -86.160855
    Latitude
    39.617247

    Nearby Similar for Lease

    • $2,500 /Mo
      6,140 SF

      Greenwood Office Space For Lease

      Office space with private offices, workstations, and conference room.
      386 Meridian Parke Ln, Greenwood, IN 46142
      View Details
    • $4,500 /Mo
      2,250 SF

      Turnkey Office Building in Greenwood

      Versatile commercial building with private offices, reception, and conference room.
      1506 W Smith Valley Rd, Greenwood, IN 46142
      View Details
    • $6,500 /Mo
      4,524 SF

      Downtown Greenwood Retail Space Available

      Charming 4,500+ SF storefront in the heart of Greenwood.
      220 W Main St, Greenwood, IN 46142
      View Details
    • $2,500 /Mo
      1,472 SF

      Greenwood Office Space For Lease

      Private office space in Greenwood with high visibility and signage.
      1185 W County Line Rd, Greenwood, IN 46142
      View Details
    • $950 /Mo
      220 SF

      Greenwood Office Space with Amenities

      Private office space available with included utilities and shared amenities.
      48 N Emerson Ave, Greenwood, IN 46143
      View Details
    • $650 /Mo
      20,529 SF

      Greenwood Office Suites For Lease

      Professional office suites in the Center Grove Business District.
      1700 W Smith Valley Rd, Greenwood, IN 46142
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, 1,500 sq ft.
    Where is this restaurant located?
    The property is located at 3115 Meridian Parke Dr Greenwood, IN.
    What are key features of this property?
    This property features: 31,673 SF retail shopping center on a 4.6-acre parcel.; One 1,500 SF retail space available.; Located on a well-established retail corridor, shadow-anchored by Kroger and Meijer.
    Request Owner's contact information
    3115 Meridian Parke Dr Greenwood, IN 46142
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3115 Meridian Parke Dr
    Greenwood, IN 46142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3115 Meridian Parke Dr Greenwood, IN 46142
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.