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Property profile

780 Us 31 Greenwood, IN 46142

OFF-MARKET
Restaurants
8,217 SF 1.6 ac lot
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Property summary

AI-generated overview

This 8,217 square foot restaurant space is available for lease in Greenwood, Indiana. Located on US-31 South, this second-generation restaurant boasts a prime location within a thriving retail corridor, directly across from Greendale Centre, home to numerous national retailers. The property benefits from high visibility due to pylon signage and a dedicated turn lane, ensuring easy access for customers. With ample parking (98 spaces) and situated just 0.3 miles from Greenwood Park Mall, one of Indiana's largest shopping malls, this location offers exceptional exposure to a large customer base. The surrounding area includes a concentration of national retailers such as Panera Bread, DSW, Kohl's, Starbucks, Chick-fil-A, and more, creating a strong synergy and high foot traffic. The 1.6-acre lot provides significant space and opportunity. This property is situated in Johnson County, one of Indiana's fastest-growing counties, making it an ideal investment opportunity. The existing fixtures, furniture, and equipment (FF&E) are negotiable. This is a turnkey opportunity for a restaurant operator seeking a high-visibility location in a rapidly expanding market. The property is easily accessible from US-31, a major thoroughfare in the Indianapolis Metropolitan Area.

Property profile

Verified
Property type Restaurants
Total area 8,217 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

780 Us 31 Greenwood, IN 46142
Greenwood metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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