Commerce Point

US 31 & Commerce Dr, Franklin, IN 46131

Property Information

  • For Lease Contact for pricing
  • Property Type VacantLand
  • Lot Size 2.02 Acre
  • Date Updated Sep 18, 2026

Description

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.

Highlights

  • 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

3 Spaces Available

Lot 1

Space Type

VacantLand

Lease Rate

$125,000.00/YR

Total Space

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

Divisible Space

0.71 - 0.71 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Lot 6

Space Type

VacantLand

Lease Rate

Contact for pricing

Total Space

87,991 SF

Divisible Space

2.02 - 2.02 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at US 31 & Commerce Dr, Franklin, IN 46131, this property is part of the Meadows at Simon Farms neighborhood and Indianapolis market.

Contact Listing Broker
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