Franklin, IN Commercial Real Estate for Lease and Sale

Explore 38 listings of Franklin commercial real estate to find the best space for your business.

2161 North Morton Street

2161 North Morton Street, Walmart Plaza, Franklin, IN
Property

Retail

7,652 SF
Availability

1 Space

2,740 SF
Year Built

1996
For Lease Contact for pricing
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4619 N State Road 135

4619 N State Road 135, Franklin, IN
Property

VacantLand
For Sale

$938,000
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Development Opportunity off I-65
Property

Other
For Sale

$1,800,000
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Hubler Marketplace

2150 North Morton Street, Deer Trace, Franklin, IN
Property

Retail

10,500 SF
Availability

1 Space

10,500 SF
Year Built

2021
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Franklin Warehouse / Flex Building For Sale

3065 R J Pkwy, Johnson Industrial Park, Franklin, IN
Property

Industrial

7,000 SF
Year Built

1998
For Sale

$975,000
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1760 Thornburg Ln

1760 Thornburg Ln, Jefferson, Franklin, IN
Property

VacantLand
For Sale

$1,450,000
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Commerce Point

US 31 S & Commerce Drive, Meadows at Simon Farms, Franklin, IN
Property

Retail

32,000 SF
Availability

1 Space

43,560 SF
For Lease Contact for pricing
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2161 North Morton Street

2161 North Morton Street, Walmart Plaza, Franklin, IN
Property

Retail

7,652 SF
Year Built

1996
For Sale Contact Broker
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Redevelopment Opportunity

4707 Indiana 135, Franklin, IN
Property

Other
For Sale

$1,800,000
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4707 State Road135

4707 State Road135, Franklin, IN
Property

Retail

3,264 SF
Availability

1 Space

3,264 SF
For Lease

$2,500.00/MO
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100 S. Morton St

100 S. Morton St, Walgreens, Franklin, IN
Property

Retail

5,039 SF
Availability

2 Spaces

47,511 SF
For Lease Contact for pricing
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Car Lot and Auto Garage in Johnson County For Lease

39 S State Road 135, J Bargers, Franklin, IN
Property

Retail

4,479 SF
Availability

1 Space

4,479 SF
Year Built

1940
For Lease

$6,500.00/MO
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4171 Indiana 135

4171 Indiana 135, Franklin, IN
Property

Office

728 SF
Year Built

1940
For Sale

$300,000
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Industrial Facility on ±20.32 Acres

800 Industrial Dr, North Franklin Industrial, Franklin, IN
Property

Industrial

64,480 SF
For Sale Contact for pricing
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Franklin, IN I-65 and 44 Corridor

00 GATEWAY DRIVE, Fairway Lakes, Franklin, IN
Property

VacantLand
For Sale

$1,800,000
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Prime Industrial Land Ready for Development

3113 Graham Rd, Northside Franklin, Franklin, IN
Property

Other
For Sale Contact for pricing
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Industrial Facility on ±20.32 Acres

800 Industrial Dr, North Franklin Industrial, Franklin, IN
Property

Industrial
Availability

1 Space

64,480 SF
For Lease Contact for pricing
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Franklin Tech Park

180 Bartram Pkwy, Franklin Tech Park, Franklin, IN
Property

Industrial

933,825 SF
Availability

1 Space

434,150 SF
Year Built

2018
For Lease Contact for pricing
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Meijer | In-Store Retail Space

2390 N. Morton St, Meadows at Simon Farms, Franklin, IN
Property

Retail

175,478 SF
Availability

1 Space

761 SF
Year Built

2017
For Lease Contact for pricing
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Walmart Plaza – Franklin

2239 N. Morton St., Walmart Plaza, Franklin, IN
Property

Retail

337,000 SF
Availability

3 Spaces

38,616 SF
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 5

SR 44, Franklin, IN
Property

Industrial

617,760 SF
Availability

1 Space

617,760 SF
Year Built

2029
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 10

SR 44, Franklin, IN
Property

Industrial

918,632 SF
Availability

1 Space

918,632 SF
Year Built

2030
For Lease Contact for pricing
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201 Jefferson St

201 Jefferson, Downtown Franklin, Franklin, IN
Property

Office

6,511 SF
Availability

8 Spaces

4,760 SF
For Lease

$354.99 - $7,056.00/MO
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I-65 South Commerce Park Bldg 4

SR 44, Franklin, IN
Property

Industrial

916,344 SF
Availability

1 Space

916,344 SF
Year Built

2030
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 9

SR 44, Franklin, IN
Property

Industrial

1,178,320 SF
Availability

1 Space

1,178,320 SF
Year Built

2030
For Lease Contact for pricing
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26 East Jefferson Street
The Elevator
26 East Jefferson Street, Franklin, IN

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I-65 South Commerce Park Bldg 7

SR 44, Franklin, IN
Property

Industrial

290,400 SF
Availability

1 Space

290,400 SF
Year Built

2030
For Lease Contact for pricing
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400 N Forsythe St, Franklin

400 N Forsythe St, Otts, Franklin, IN
Property

Industrial
Availability

1 Space

9,500 SF
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 8

SR 44, Franklin Eastside Business Park, Franklin, IN
Property

Industrial

696,696 SF
Availability

1 Space

696,696 SF
Year Built

2030
For Lease Contact for pricing
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Moran Environmental | 225 Industrial Drive

225 Industrial Dr, North Franklin Industrial, Franklin, IN
Property

Industrial

22,997 SF
Year Built

1965
For Sale

$1,278,644
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I-65 South Commerce Park Bldg 12

SR 44, Franklin, IN
Property

Industrial

806,520 SF
Availability

1 Space

806,520 SF
Year Built

2030
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 6

SR 44, Franklin, IN
Property

Industrial

1,169,168 SF
Availability

1 Space

1,169,168 SF
Year Built

2030
For Lease Contact for pricing
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Franklin Industrial Land

Commerce Dr. & Morton St., North Franklin Industrial, Franklin, IN
Property

VacantLand

30 Acre
Availability

1 Space

30 Acre
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 11

SR 44, Franklin, IN
Property

Industrial

249,000 SF
Availability

1 Space

249,000 SF
Year Built

2030
For Lease Contact for pricing
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I-65 South Commerce Park Bldg 3

SR 44, Franklin, IN
Property

Industrial

700,992 SF
Availability

1 Space

700,992 SF
Year Built

2027
For Lease Contact for pricing
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Franklin Industrial Land

Commerce Drive & Morton Street, North Franklin Industrial, Franklin, IN
Property

VacantLand

30 Acre
For Sale Contact for pricing
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I-65 & SR 44

I-65 & SR 44, Franklin Tech Park, Franklin, IN
Property

Unassigned
For Sale Contact for pricing
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I-65 South Commerce Park Bldg 2

Progress Dr, Franklin, IN
Property

Industrial

1,119,696 SF
Availability

1 Space

1,119,696 SF
Year Built

2024
For Lease

$4.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Franklin commercial real estate market incorporates 10,239 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Franklin commercial real estate market includes 413,586 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Franklin market, there is a total of 9,597,353 square feet of industrial property.

The listing inventory in Franklin incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Franklin is represented by Industrial space, which accounts for 9,171,658 square feet of available listings. Retail space available in Franklin adds up to 154,439 square feet.

Meanwhile, most of the listings of commercial property for sale in Franklin are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Franklin is $18.59 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Franklin can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Franklin, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Franklin is in the Downtown Franklin neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Franklin area.

Meanwhile, retail space opportunities are most abundant in the Walmart Plaza submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Franklin Eastside Business Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $28 per square foot.

The average size of a commercial property in Franklin depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Franklin, the average size of an office property is 3,413 square feet.
Retail properties here incorporate an average of 45,954 square feet.
Industrial space in Franklin is in buildings that are, on average 799,780 square feet in size.

Franklin, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Franklin currently add up to 10,634,649 square feet. The market offers 1 active office listing(s), which amount to 4,760 square feet and account for 4% of commercial spaces on the market. Local retail availability includes 151,431 square feet across 8 retail space(s). Industrial space for rent opportunities in Franklin amount to 9,171,658 square feet across a total of 14 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	1	4,760
Retail	8	151,431
Industrial	14	9,171,658
Other	1	1,306,800

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Franklin, IN. Currently, there is 102,887 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	728
Retail	1	7,652
Industrial	3	94,477
Other	7	30

Franklin, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Franklin, IN?

What factors affect the price of commercial real estate in Franklin, IN?

What is the average rent for commercial space in Franklin, IN?

What are the best areas for commercial real estate in Franklin, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Franklin, IN?

Franklin, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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