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  1. Commercial Spaces
  2. IN
  3. Franklin

Commerce Point

For Lease 160,735 SF

US 31 & Commerce Dr, Franklin, IN 46131

Strategically positioned at the signalized intersection of U.S. 31 (N. Morton Street) and Commerce Drive in Franklin, Indiana, the property offers a highly visible location within one of the area's primary retail corridors. The site benefits from direct access shared with Meijer, Chick-fil-A, McAlister's Deli, and other established retailers, while the surrounding trade area includes major national tenants such as Walmart Supercenter, Lowe's, Starbucks, Panera, Chipotle, Chili's, QDOBA, and more. The property is also located immediately adjacent to a major retail hub and in close proximity to Franklin High School, which serves more than 1,600 students. With approximately 27,510 vehicles per day along N. Morton Street/U.S. 31 and 9,825 vehicles per day along Commerce Drive, the location provides strong exposure and convenient accessibility for both customers and employees.This ground lease and build-to-suit opportunity offers multiple available pad sites ranging from approximately 0.71 to 2.02 acres at the hard corner of U.S. 31 and Commerce Drive in Franklin, Indiana. The development provides direct signalized access shared with established neighboring retailers and offers flexible site configurations for a variety of retail, restaurant, service, and other commercial users. The available sites are positioned alongside Chick-fil-A, with Dutch Bros and Valvoline coming soon, creating an expanding commercial development supported by significant surrounding retail activity. With strong visibility from U.S. 31, multiple available parcels, and prominent positioning at one of the trade area's primary intersections, the property presents an attractive opportunity for users seeking a presence within Franklin's established retail corridor.

Key features

  • 0.712.02 Acre Pad Sites Available for Ground Lease or BTS
  • Adjacent to Meijer and Less Than 0.3 Miles from Walmart & Lowe’s
  • Direct Signalized Access at a Primary Franklin Retail Intersection
  • Established Retail Trade Area with Significant Nearby Commercial Activity
  • Flexible Pad Configurations for Retail, Restaurant & Service Uses
  • Immediate Proximity to Franklin High School with 1,600+ Students
  • Join Chick-fil-A, with Dutch Bros & Valvoline Coming Soon
  • Premier Hard-Corner Location at U.S. 31 & Commerce Drive
  • Strong Visibility and Exposure Along the U.S. 31 Retail Corridor
  • Surrounded by Major National Retail, Restaurant & Service Users

Rental Details

  • Number of spaces 3
  • Total square feet available 160,735 SF
  • For Lease Price on request
  • Space Type VacantLand
  • Latest Update Sep 18, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

3 Spaces Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
Lot 1 VacantLand $125,000.00/YR 41,817 SF - -

Lot 1

Space Type

VacantLand

Lease Rate

$125,000.00/YR

Additional Rent

Price on request

Total Space Available

41,817 SF

Divisible Space

0.96 - 0.96 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Lot 3 VacantLand $110,000.00/YR 30,927 SF - -

Lot 3

Space Type

VacantLand

Lease Rate

$110,000.00/YR

Additional Rent

Price on request

Total Space Available

30,927 SF

Divisible Space

0.71 - 0.71 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Lot 6 VacantLand Price on request 87,991 SF - -

Lot 6

Space Type

VacantLand

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

87,991 SF

Divisible Space

2.02 - 2.02 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Lot 1

Space Type
VacantLand
Lease Rate
$125,000.00/YR
Total Space
41,817 SF
Space Type

VacantLand

Lease Rate

$125,000.00/YR

Additional Rent

Price on request

Total Space Available

41,817 SF

Divisible Space

0.96 - 0.96 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Lot 3

Space Type
VacantLand
Lease Rate
$110,000.00/YR
Total Space
30,927 SF
Space Type

VacantLand

Lease Rate

$110,000.00/YR

Additional Rent

Price on request

Total Space Available

30,927 SF

Divisible Space

0.71 - 0.71 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Lot 6

Space Type
VacantLand
Lease Rate
Price on request
Total Space
87,991 SF
Space Type

VacantLand

Lease Rate

Price on request

Additional Rent

Price on request

Total Space Available

87,991 SF

Divisible Space

2.02 - 2.02 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

broker
Scot Courtney

Lee & Associates - Indianapolis

Building Details

  • For Lease Price on request
  • Property Type VacantLand
  • Lot Size 2.02 Acre
  • Additional Rent Price on request
  • Date Updated Sep 18, 2026

Location

  • City Franklin, IN
  • Neighborhood Meadows at Simon Farms
  • Zip Code 46131
  • Market Indianapolis
  • Map
  • Street
  • Walk score 48/100 Car-Dependent
  • Bike score 49/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Circle K

1.64 miles

Speedway

1.67 miles

Shell

3.23 miles

Thorntons

6.25 miles

Pilot

7.41 miles

Sam's Club

7.55 miles

Grizzley Den Lot

2.20 miles

Blue Heron Park

2.21 miles

Henry Lot

2.26 miles

Von Boll Lot

2.31 miles

Hougham Lot

2.32 miles

Forsythe Lot

2.33 miles

Barnes Lot

2.34 miles

Fitness Center Lot

2.34 miles

Chapel Lot

2.35 miles

Cline Lot

2.36 miles

Blue Beacon

3.39 miles

Enterprise

6.92 miles

Avis

8.80 miles

Budget

8.81 miles

Crew Carwash

9.22 miles

KFC

0.04 miles

Steak 'n Shake

0.40 miles

La Cocina

0.47 miles

Noble Roman's

0.66 miles

Tomo

0.74 miles

Domino's

0.86 miles

Enzo Pizza

0.86 miles

Homerun Burger

0.91 miles

Taco Bell

0.93 miles

Penn Station

1.01 miles

Meijer

0.17 miles

Walmart Supercenter

0.36 miles

Kohl's

1.40 miles

Kroger

5.61 miles

ALDI

6.29 miles

Ulta beauty

7.87 miles

Target

8.11 miles

Gordon Food Service

8.79 miles

Greenwood Park Mall

9.11 miles

Franklin Fire Station 21

0.89 miles

Franklin Fire Station 23

1.18 miles

CVS Pharmacy

1.86 miles

Walgreens

1.92 miles

Johnson Memorial Hospital

1.94 miles

Johnson County Sheriff's Office

2.12 miles

Franklin Fire Station 22

3.03 miles

New Whiteland Police Station

4.24 miles

Needham Community Volunteer Fire Department Station 81

5.37 miles

Valle Vista Health System

7.60 miles

Listing Summary

  • Available Spaces

    The property currently has 3 spaces listed for lease, totaling 160,735 square feet of available space.

    This includes 3 Land spaces.

Contact Scot Courtney
broker
Scot Courtney

Lee & Associates - Indianapolis

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