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    Franklin, IN Specialty Properties for Sale

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    Chili's Restaurant with NNN Lease
    Updated: Aug 28
    Chili's Restaurant with NNN Lease

    2299 N Morton St, Franklin, IN 46131

    $2,528,909
    5,856 sqft
    5,856‑square‑foot Chili’s Grill & Bar restaurant at 2299 N Morton St
    1.56‑acre outpad along the U.S. Route 31 retail corridor
    27,300+ AADT reported on U.S. Route 31
    Triple‑net ground lease with more than four years remaining
    Four five‑year renewal options with a 10 percent rent increase at each option
    View details
    Corporate-Backed Drive-Thru Restaurant Ground Lease
    Updated: May 14
    Corporate-Backed Drive-Thru Restaurant Ground Lease

    2490 N Morton St, Franklin, IN 46131

    $3,000,000
    New 15‑year corporate‑backed Chick‑fil‑A ground lease
    Absolute NNN lease structure
    Next generation double‑stack drive‑thru concept
    Premier A+ signalized hard corner location
    Shadow anchored by the new Meijer Grocery Center and Lowe’s at Franklin Commons
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 2 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Specialty Property
    Specialty Property

    1674 W Smith Valley Rd, Greenwood, IN 46142

    $700,000
    4,200 sqft

    Specialty property with B-1 zoning in Greenwood, Indiana.

    View details
    Dutch Bros Drive-Thru NNN Investment
    Dutch Bros Drive-Thru NNN Investment

    8525 S Emerson Avenue, Indianapolis, IN 46237

    Contact for pricing
    950 sqft

    Newly constructed Dutch Bros drive-thru on an absolute NNN lease with zero landlord responsibilities and contractual rental increases.

    View details
    Absolute NNN Investment Property
    Absolute NNN Investment Property

    1129 E MAIN ST, Greenwood, IN 46143

    Contact for pricing
    2,080 sqft

    Absolute NNN offering with 1.50% annual bumps and over 19 years at the same location.

    View details
    7 Brew Absolute NNN Property
    7 Brew Absolute NNN Property

    4604 E County Line Rd, Indianapolis, IN 46237

    Contact for pricing

    Newly constructed coffee property backed by a long-term lease with scheduled extension options.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot on Shelbyville Road
    Corner Lot on Shelbyville Road

    5133 Gray Road, Indianapolis, IN 46237

    $1,350,000
    8.21 AC lot

    Large corner lot suitable for various developments with approvals.

    View details
    3.53 Acres on Post Road
    3.53 Acres on Post Road

    4045 N Post Rd, Indianapolis, IN 46226

    $265,200
    3.53 AC lot

    Land with religious and residential zoning in mixed-use area.

    View details

    Off-Market Properties in Franklin, IN

    Consider similar Off-Market properties in Franklin, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2898 Morton St
    FUNERAL HOME

    2898 Morton St, Franklin, IN 46131-9031

    $395,000
    Estimated value
    8,120 sqft 3.10 AC lot
    View details
    300 Morton St
    FUNERAL HOME

    300 Morton St, Franklin, IN 46131-6946

    $110,000
    Estimated value
    10,000 sqft 3.55 AC lot
    View details
    690 State St
    CHARITABLE ORGANIZATION

    690 State St, Franklin, IN 46131-2553

    Value Estimation by Request
    161.13 AC lot
    View details
    1070 Jefferson St
    CHARITABLE ORGANIZATION

    1070 Jefferson St, Franklin, IN 46131-2179

    $240,000
    Estimated value
    39.94 AC lot
    View details
    3825 Graham Rd
    CHARITABLE ORGANIZATION

    3825 Graham Rd, Franklin, IN 46131

    $235,000
    Estimated value
    5.21 AC lot
    View details
    925 Cross St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    925 Cross St, Franklin, IN 46131-2601

    $240,000
    Estimated value
    810 sqft 0.23 AC lot
    View details
    948 Cross St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    948 Cross St, Franklin, IN 46131-2602

    $235,000
    Estimated value
    0.10 AC lot
    View details
    101 Branigin Blvd
    COLLEGE, UNIVERSITY, VOC SCHOOL

    101 Branigin Blvd, Franklin, IN 46131-2598

    $230,000
    Estimated value
    0.23 AC lot
    View details
    42 Wilson St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    42 Wilson St, Franklin, IN 46131-2529

    $240,000
    Estimated value
    0.02 AC lot
    View details
    690 State St
    CHARITABLE ORGANIZATION

    690 State St, Franklin, IN 46131-2553

    $240,000
    Estimated value
    0.34 AC lot
    View details
    690 State St
    CHARITABLE ORGANIZATION

    690 State St, Franklin, IN 46131-2553

    $235,000
    Estimated value
    4.71 AC lot
    View details
    State St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    State St, Franklin, IN 46131

    $235,000
    Estimated value
    0.24 AC lot
    View details
    State St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    State St, Franklin, IN 46131

    $270,000
    Estimated value
    0.09 AC lot
    View details
    State St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    State St, Franklin, IN 46131

    $240,000
    Estimated value
    0.20 AC lot
    View details
    214 State St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    214 State St, Franklin, IN 46131-2544

    $240,000
    Estimated value
    9,906 sqft 1.01 AC lot
    View details
    690 State St
    CHARITABLE ORGANIZATION

    690 State St, Franklin, IN 46131-2553

    $240,000
    Estimated value
    0.32 AC lot
    View details
    216 State St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    216 State St, Franklin, IN 46131-2544

    $235,000
    Estimated value
    0.96 AC lot
    View details
    Park Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Park Ave, Franklin, IN 46131

    $235,000
    Estimated value
    0.19 AC lot
    View details
    Park Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Park Ave, Franklin, IN 46131

    $240,000
    Estimated value
    0.07 AC lot
    View details
    Park Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Park Ave, Franklin, IN 46131

    $225,000
    Estimated value
    4.28 AC lot
    View details
    Park Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Park Ave, Franklin, IN 46131

    $240,000
    Estimated value
    0.20 AC lot
    View details
    Park Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Park Ave, Franklin, IN 46131

    $245,000
    Estimated value
    3.24 AC lot
    View details

    Franklin, IN Specialty Properties Market Trends and Statistics

    Explore 72 specialty properties for sale in Franklin, IN on our real estate platform. These investment opportunities span a total of 5,856 square feet of properties for sale, with an estimated market value of $5,528,909.

    Sale prices for properties in Franklin, IN start at $2,528,909, averaging $2,764,454, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 2

    Demographics Overview

    Population 36K
    Population Growth (5Y) +9.7%
    Median Household Income $81,914
    College Educated 34.2%

    High-Yield Neighborhoods for Investment

    Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46131 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $54.44 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Franklin fall within the 100,000+ square foot range.

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