Village Commons III

Located at 3147 W. Smith Valley Road in Greenwood, Indiana, Village Commons III is positioned at the high-traffic intersection of State Road 135 and W. Smith Valley Road in White River Township. The property offers strong visibility and access within one of the area’s established commercial corridors, with approximately 40,877 vehicles per day along SR 135 and 19,105 vehicles per day along Smith Valley Road. The property is surrounded by a significant concentration of national retailers, restaurants, financial institutions, and service businesses. As illustrated by the retail aerial on page 3 of the marketing brochure, the immediate trade area includes Walmart Supercenter, The Home Depot, Target, Walgreens, Chipotle, Wendy’s, Applebee’s, O’Charley’s, UPS Store, Bank of America, Old National Bank, and First Merchants Bank, among other commercial users. The intersection generates more than 4.5 million annual visits to area retailers, according to Placer.ai data cited in the marketing materials. The surrounding White River Township trade area also features strong demographics, with an estimated 71,913 residents within three miles and 165,762 within five miles. Estimated average household income is approximately $125,287 within three miles and $113,293 within five miles, supporting a substantial consumer base for retail, medical, service, and other commercial uses. With its position at a major commercial intersection, proximity to established national anchors, strong surrounding demographics, and high traffic volumes, Village Commons III offers a well-established location for businesses seeking visibility and access within the Greenwood and White River Township market.Village Commons III offers 5,009 square feet of immediately available retail/medical space at 3147 W. Smith Valley Road in Greenwood, Indiana. The suite features an existing buildout, providing prospective tenants with an opportunity to utilize the current improvements or adapt the space to accommodate a variety of retail, medical, professional service, and other commercial uses. The space is being offered at an asking rate of $24.00/SF NNN. The suite also benefits from prominent building signage opportunities and available pylon signage, enhancing exposure along the surrounding commercial corridor. Combined with the center's established tenant mix, existing buildout, and immediate availability, the property provides a flexible leasing opportunity for businesses seeking space within the Greenwood and White River Township market.