2150 N Morton St Franklin, IN 46131
For Lease
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Hubler Marketplace presents a unique retail investment opportunity in the thriving Franklin, Indiana market. This new retail development offers immediate visibility and accessibility, boasting a prime location fronting US Highway 31. Currently under construction, the development features one available space totaling 1,600 square feet, ideal for a variety of retail uses. Furthermore, a 0.92-acre outlot is available on Simon Road, providing an exceptional opportunity for additional development or expansion. The property benefits from its strategic placement adjacent to a new 195,000 square foot Meijer store, and across the street from a Walmart Supercenter and Lowe's, ensuring high foot traffic and brand recognition. Panera Bread and Noodles & Company are also slated to join this burgeoning commercial center. A frontage road is planned for construction, providing convenient access to the Hubler Marketplace from Hubler Ford. This heavily trafficked commercial corridor sees nearly 30,000 vehicles per day, offering unparalleled exposure for businesses seeking a strong presence in this rapidly growing area. The total land area encompasses 2.3 acres, providing ample space for current and future development. This is an exceptional chance to establish a business in a high-demand location with significant growth potential. The available space is part of a larger development, ensuring a vibrant and successful commercial environment.
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.