HPG Greenwood Corner Shops - Space Availability

For Lease$16/Sqft/Year See below for details.

8701 US Highway 31 South, Indianapolis, IN 46227

  • Retail
  • Strip Center
  • 3,600 Sqft

HPG Greenwood Corner Shops, Indianapolis, IN 46227 - Retail Space for rent

HPG Greenwood Corner Shops is located at 8701 US Highway 31 South in the Winchester Village neighborhood, IN, Indianapolis, 46227. The Class B Retail building was completed in 1985 and features a total of 50,739 Sqft. There is 1 Retail space available for lease at 8701 US Highway 31 South, Indianapolis, IN, 46227, totaling 3,600 Sqft. The largest space available has 3,600 Sqft and a rental rate of $16/Sqft/Year.

There are 6 retail spaces for lease in the Winchester Village neighborhood, totaling 6,272 Sqft of available retail space. The retail space availability for the 46227 zip code is 17,675 Sqft, in 9 retail spaces. The average asking retail rent per sq. ft. in Winchester Village is $16/sqft/year. For Class B retail buildings the average retail rate is $16/sqft/year.

In Winchester Village, there is 1 class B retail building. In 1985, the same year HPG Greenwood Corner Shops was built, 92 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Indianapolis, featuring 1,421,796 square feet of commercial space.

Nearby Listings


  • Lease Rate $16/Sqft/Year
  • City Indianapolis
  • Neighborhood Winchester Village
  • Zip Code 46227
  • Market Indianapolis
  • Property Type Retail - Strip Center
  • Property Size 50,739 Sqft
  • Lot Size 7.96 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985
  • Date Updated 25 Jun, 2020


Suite Name Space Type Lease Rate Space Available
8735 Strip Center $16/Sqft/Year 3,600 Sqft
  • Suite 8735
  • Space Type Strip Center
  • Total Space Available 3,600 Sqft
  • Divisible Space No
  • Lease Rate $16/Sqft/Year
  • Call For Terms Yes


Greenwood Corner Shops is located adjacent to Community South hospital campus on US 31 and just north of the Greenwood Park Mall, a super-regional mall owned by Simon Property Group. A busy shopping district south of Indianapolis, this area boasts a daily traffic count of over 50,000. Over 150,000 households in the trade area with a median income in excess of $62,00.


  • Freeway visibility
  • Pylon Sign
  • Ample Parking
  • Tenant controlled HVAC

Winchester Village Demographics

The average household income in zip code 46227 is $54,045, from a total of 22,759 households. In terms of employment, there are 71.27 % white-collar and 28.73 % blue-collar jobs in zip code 46227.


  • Total Population56,614
  • Male Population(48.9 %) 27,662
  • Female Population(51.1 %) 28,952
  • Median Age34.20


  • Average Household Income$54,045
  • Median Household Income$40,625
  • Median Income Under 25$28,157
  • Median Income 25-44$40,278
  • Median Income 45-64$52,114
  • Median Income Over 65$32,390


Contact Register now to add listings

Derrick Christy

(317) 884-1100

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