Commerce Point

For Lease

US 31 & Commerce Dr, Franklin, IN 46131

There are currently 3 spaces available at this property. This building incorporates a total of square feet. Of that, 160,735 square feet is rentable space. The general use of the property is designated as vacantland. Units available for lease at Commerce Point include spaces that are described as vacantland.
Current availabilities are located on multiple floors in the building. The largest available space at this property is 87,991 square feet. Listed spaces in this building start at a size of 30,927 square feet.
See more information under each individual listing below for additional details, such as divisible space, renewal options, lease type, possibility of sublease and more.

Space Available For Lease 3

Contacts

Scot Courtney

Lee & Associates - Indianapolis

Property Details

  • Property Type VacantLand
  • Lot Size 2.02 Acre
  • Date Updated Sep 18, 2026
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.
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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

Getting around

  • 48/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Franklin, IN
  • Neighborhood Meadows at Simon Farms
  • Zip Code 46131
  • Market Indianapolis

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

  • Tearman Motel

    2.36 miles

  • Fairfield Inn & Suites Franklin

    3.13 miles

  • Hampton Inn & Suites Franklin Indianapolis

    3.22 miles

  • Econo Lodge

    3.24 miles

  • Baymont Franklin

    3.39 miles

  • Lake Motel

    4.64 miles

  • Red Roof Inn Indianapolis - Greenwood

    7.37 miles

  • InTown Suites Extended Stay Indianapolis IN - Greenwood

    7.43 miles

  • Best Western Plus Greenwood/Indy South

    7.53 miles

  • Barnes and Noble

    7.54 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

Contact Listing Broker
  1. 1Main information
  2. 2Extra information
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