www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20944388
20944389

1000 N State Rd 135, Greenwood, IN 46142 For Sale

TH
IN RB14039040
KW Commercial IMS
Listed by KW Commercial IMS
$1,675,000
591 days on market
Updated 3 days ago

1000 N State Road 135

Details
Property Type Retail
Sub Type Storefront
Square Footage 5,000
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 01/21/2029
Remaining Term 2.5
Year Built 1986
Acreage 2.000
Zoning CM
Lease Commencement 01/22/2024

Don’t miss this exceptional investment opportunity in the thriving Greenwood market! Situated on the

Marketing description

Prime Commercial Opportunity in Greenwood, IN – 1000 N SR 135

Price: $1,675,000

Size: 2 Acres | 5,000 SF Retail Building | 1 Acre Development Potential

Don’t miss this exceptional investment opportunity in the thriving Greenwood market! Situated on the bustling State Road 135, this 2-acre property boasts a fully leased 5,000-square-foot retail building, generating immediate income. An additional 1 acre of developable land in the rear offers immense potential for expansion or new ventures, making this property perfect for investors or developers.

High Visibility & Strong Traffic Counts

  • Located on State Road 135, one of Greenwood’s most active corridors.
  • Traffic counts exceed 40,000 vehicles per day, providing unparalleled exposure.

Surrounded by Top Retailers

  • Nestled in a booming retail hub with prominent national and regional brands nearby, including Kroger, Target, Walmart, and Starbucks.
  • Excellent synergy with neighboring businesses to attract consistent foot traffic.

Affluent & Growing Community

  • Located in the heart of Center Grove, one of the most desirable areas in Greenwood.
  • Dense rooftops in the surrounding neighborhoods ensure a steady consumer base.
  • Residents enjoy a high median income, contributing to strong purchasing power and retail demand.

Development Opportunity

  • The 1-acre parcel in the rear is ideal for additional retail, medical offices, or service-oriented businesses.
  • Greenwood’s continuous growth ensures long-term demand for new commercial developments.

This property combines income-producing assets with the flexibility for future growth. Whether you're an investor seeking a stable asset or a developer looking to capitalize on Greenwood’s vibrant market, 1000 N SR 135 offers unmatched potential.

Listing Contacts

TH
IN RB14039040
KW Commercial IMS
Listed by KW Commercial IMS

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591