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7007 US 31 S
Indianapolis, IN 46227 South Perry

$3,438 USD/MO

Storefront For Lease  •  1,875 SF

Property Details

  • Property Type Storefront
  • Year Built 1987
  • Total Building Size 13,880 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C-2
30 Transit Score
40 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste D Retail 1,875 SF $22.00 USD/SF/YR
Prime Retail Space for Lease | Suite D at 7007 S US Highway 31, Indianapolis, IN

Now Leasing – Suite D | 1,875 SF (configurable)
Position your business in one of Indianapolis’ most visible and heavily traveled corridors—right on a hard corner at 7007 S US Highway 31. This is a rare opportunity to secure retail space in a highly sought-after center with unbeatable exposure, traffic, and access just south of I-465 and north of Greenwood’s bustling retail hub.

Property Highlights:

Premier Hard Corner Location – Exceptional street presence at a signalized intersection on South US 31

Incredible Visibility & Access – Over 35,000+ vehicles per day; direct access to US 31 and minutes from I-465 and I-65 interchanges

Established Retail Corridor – Surrounded by national brands, QSRs, banks, grocery stores, and auto service centers

High-Demand Trade Area – Strong co-tenancy and consistent customer foot traffic throughout the day

Versatile Space Use – Ideal for retail, medical, wellness, financial services, salon/spa, boutique fitness, or professional office

Modern, Functional Layout – Configurable floor plan with signage opportunity on building façade and monument sign

Generous Surface Parking – Ample, convenient on-site parking for customers and employees

Landlord Incentives Available – Tenant improvement packages and competitive lease rates for qualified tenants

Market Benefits:

Strategically Positioned in Indianapolis’ southside corridor with direct routes to downtown, Greenwood, and Johnson County suburbs

Booming Residential Growth nearby with excellent workforce and family demographics

Strong Daytime and Evening Traffic – A perfect location to capture both commuters and local residents

Why Suite D at 7007 S US 31?
With exceptional traffic counts, exposure on a hard corner, and flexible space configurations, this retail suite provides an unparalleled opportunity to grow your business in one of Indy’s most active commercial zones. Whether you’re launching a new concept or expanding an established brand, this location delivers the visibility, convenience, and access today's tenants demand.

Schedule a tour today – High-demand retail space like this won’t last long!

Contact us to learn more and secure your position in this premier Indianapolis retail center.

  • Date available: Now
  • Lease term: 5 Years
  • Service type: Triple Net
  • Built out as: Financial Services
  • Space Type: Relet

Description

Property Description – 7007 S US Highway 31, Indianapolis, IN

Position your business for success at 7007 S US Highway 31, a highly visible, family-owned and professionally managed neighborhood retail center located at a signalized hard-corner intersection in the heart of South Indianapolis. This ±13,880 SF center offers exceptional frontage along one of the area’s primary commercial corridors, with traffic counts exceeding 35,000 vehicles per day and seamless connectivity to both Interstate 465 and Interstate 65.

The property features a strong, service-oriented tenant mix that drives consistent daily traffic, including 7 Days Family Dental, Athletico Physical Therapy, Deering Cleaners, and a boutique grocer - creating built-in cross-traffic and repeat customer visits throughout the day.

Suite D (±1,875 SF) is currently available and offers a flexible, efficient layout adaptable to a wide range of uses including retail, medical, wellness, or professional office. The space benefits from prominent storefront visibility, easy customer access, and strong pylon signage opportunities.

This well-maintained center features attractive façades, ample surface parking, and monument signage, ensuring excellent visibility for tenants. The surrounding area is supported by dense residential neighborhoods, nearby schools, and continued commercial growth extending toward the Greenwood retail corridor. New capital improvements including new roof and awnings in 2025 and parking lot upgrades.

With its combination of high traffic counts, established co-tenancy, and strategic location, 7007 S US Highway 31 presents an outstanding opportunity for businesses seeking visibility, accessibility, and long-term growth in a proven retail trade area.

Highlights

Prime Hard-Corner Visibility
Strong Co-Tenancy & Foot Traffic
Locally Owned & Professionally Managed

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

Tenant SF Occupied Lease End Date
AthletiCo Physical Therapy 6/30/2026
Geraci Law Offices
Global Smiles Dental 8/8/2022
Jacob Deering Cleaners
Khambawi Asain Grocery

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.2 mi
AirportDriveWalkDistance
Indianapolis International 31 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Derrick Christy 317-331-3102 Horizon Property Group
Derrick Christy 317-331-3102 Horizon Property Group