351 N. Morton Street
Land | 0.82 acres
Marketing description
351 N Morton Street offers an exceptional
opportunity in the heart of Franklin’s main retail
corridor. Currently home to Ritter’s Frozen
Custard, this ±0.82-acre site is available for land
lease or build-to-suit development. The property
sits along heavily trafficked US-31/N Morton Street,
directly adjacent to Franklin Middle School and
minutes from Franklin College, Johnson Memorial
Hospital, and dense residential neighborhoods.
With strong demographics, excellent visibility, and
adjacency to major national retailers, this site is
ideally positioned for a quick-service restaurant
with drive-thru or other high-traffic use.
Investment highlights
±0.82 Acres available (two parcels)
Existing use: Ritter’s Frozen Custard
(tenant occupied – do not disturb)
Ideal for quick-service restaurant with drive-thru
capability
Land lease or build-to-suit opportunity
Prime frontage on US-31/N Morton Street with
27,000+ vehicles per day
Large pylon signage and excellent visibility
Surrounded by national retailers including
Walmart, Lowe’s, Kohl’s, Meijer, Hobby Lobby,
and Kroger
Adjacent to Franklin Middle School (900 students)
and near Franklin High School (1,400 students)
and Northwood Elementary (600 students)
Minutes from Franklin College (4,000 students)
and Johnson Memorial Hospital (150 beds)
Strong demographics: 3-mile population with
$103K average household income
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