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351 N Morton St
Franklin, IN 46131 Southside Indianapolis

Rate Upon Request

Land For Lease  •  1+ SF

Property Details

  • Property Type Land
  • Zoning C-1
50 Walk Score

1 Space Available

Name Space Use Size Rent Details
Unkwn Floor Ste - 0.82 AC Rate Upon Request
Land lease or build-to-suit opportunity. ±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.   Prime frontage on US-31/N Morton Street with 27,000+ vehicles per day.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: None
  • Space Type: Relet

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.

Franklin, Indiana is a vibrant and growing community just south of Indianapolis, offering a mix of established neighborhoods, higher education, and a thriving retail and restaurant corridor. The property is strategically located on N Morton Street/US-31, Franklin’s primary north-south thoroughfare, benefiting from strong commuter and local traffic. The surrounding trade area is anchored by national retailers, dining, schools, and healthcare institutions, creating steady customer flow throughout the day. Proximity to I-65 also provides regional connectivity, drawing consumers from a wide radius.

Highlights

Ideal for quick-service restaurant with drive-thru capability.
Strong demographics: 3-mile population with $103K average household income.
Minutes from Franklin College (4,000 students) and Johnson Memorial Hospital (150 beds).

Public Transportation

AirportDriveWalkDistance
Indianapolis International 50 min - 29.6 mi
Ryan Zickler 317-809-9955 Zickler Associates LLC
Ryan Zickler 317-809-9955 Zickler Associates LLC