100 Morton St Franklin, IN 46131
This exceptional Franklin, Indiana property at 100 S Morton St offers a unique investment opportunity combining retail space and land lease options. The 0.97-acre lot presents a prime location along Franklin's main corridor on US 31, boasting high visibility and accessibility. The existing retail building totals 4,370 square feet, with flexible spaces available for lease ranging from a minimum of 1,025 square feet up to a potential 5,040 square feet. This allows for adaptability to various retail concepts and business needs. The property benefits from its strategic placement near a concentration of established national retailers and restaurants, including Kroger Marketplace, Kohl's, Walmart, Marshalls, Meijer, Starbucks, McAlister's Deli, Freddy's Frozen Custard & Steakburgers, Buffalo Wild Wings, PetSmart, and Chili's. This high-traffic area ensures significant foot traffic and brand visibility for prospective tenants. Construction is anticipated to begin in Spring 2025, presenting a timely opportunity for businesses to secure their place in this thriving retail hub. The property's multiple tenancy option allows for diverse business combinations, maximizing rental income potential. Don't miss this chance to be part of Franklin's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.