Greenwood, IN Commercial Real Estate for Lease and Sale

Explore 63 listings of Greenwood commercial real estate to find the best space for your business.

Southtech Business Park - Building 6

2018 East Main Street, Southtech Park, Greenwood, IN
Property

Industrial

141,622 SF
Availability

1 Space

141,622 SF
For Lease Contact for pricing
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795 N Emerson Ave

795 N Emerson Ave, Greenwood Springs, Greenwood, IN
Property

VacantLand

7 Acre
For Sale Contact for pricing
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972 Emerson Parkway

972 Emerson Parkway, Emerson Pointe, Greenwood, IN
Property

Office

10,116 SF
Availability

1 Space

4,899 SF
For Lease

$19.00/SF/YR
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Country Center Shoppes

1140 N State Road 135, Meridian Meadows, Greenwood, IN
Property

Retail

31,798 SF
Availability

2 Spaces

11,478 SF
Year Built

1978
For Lease Contact for pricing
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Cubework Greenwood

650 Commerce Parkway East Drive, Precedent South Business Center, Greenwood, IN
Property

Industrial

235,000 SF
Availability

1 Space

100,000 SF
Year Built

2014
For Lease Contact for pricing
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Greenwood Park @ 65 South Outlot

Graham Rd , Precedent South Business Center, Greenwood, IN
Property

Industrial

55,050 SF
For Sale Contact for pricing
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373 Meridian Parke Lane

373 Meridian Parke Lane, Meridian Park, Greenwood, IN
Property

Office

5,864 SF
Availability

1 Space

5,864 SF
For Lease Contact for pricing
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Greenwood Park at 65 South - Building 3

2829 Allen Road, Harold Minor, Greenwood, IN
Property

Industrial

196,560 SF
Availability

1 Space

196,560 SF
Year Built

2023
For Lease Contact for pricing
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Southtech Business Park - Building 7

2232 East Main Street, Southtech Park, Greenwood, IN
Property

Industrial

144,222 SF
Availability

1 Space

144,222 SF
For Lease Contact for pricing
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Greenwood Park at 65 South - Building 6

1175 Collins Road, Harold Minor, Greenwood, IN
Property

Industrial

584,820 SF
Availability

1 Space

584,820 SF
Year Built

2022
For Lease Contact for pricing
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Space available in well-established retail corridor in Greenwood

3115 Meridian Parke Dr, Meridian Park, Greenwood, IN
Property

Retail
Availability

1 Space

1,200 SF
Year Built

1989
For Lease Contact for pricing
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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 Greenwood commercial real estate market incorporates 373,917 square feet of office space across 13 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 Greenwood commercial real estate market includes 382,184 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 Greenwood market, there is a total of 2,878,059 square feet of industrial property.

The listing inventory in Greenwood 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 Greenwood is represented by Industrial space, which accounts for 2,660,876 square feet of available listings. Retail space available in Greenwood adds up to 95,190 square feet.

Meanwhile, most of the listings of commercial property for sale in Greenwood 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 Greenwood is $21.73 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 Greenwood 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 Greenwood, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Greenwood is in the Copper Chase neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Rosengarten area.

Meanwhile, retail space opportunities are most abundant in the Copper Chase submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Southtech 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 $25 per square foot. In particular, the property type commanding the highest lease rates in Greenwood was Office space.

Conversely, the highest sale price last year was $8,911,000 that is located at 555 East County Line Road.

The average size of a commercial property in Greenwood 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 Greenwood, the average size of an office property is 33,993 square feet.
Retail properties here incorporate an average of 31,849 square feet.
Industrial space in Greenwood is in buildings that are, on average 261,642 square feet in size.

Greenwood, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Greenwood currently add up to 4,729,174 square feet. The market offers 12 active office listing(s), which amount to 90,629 square feet and account for 29% of commercial spaces on the market. Local retail availability includes 92,592 square feet across 11 retail space(s). Industrial space for rent opportunities in Greenwood amount to 3,245,696 square feet across a total of 14 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	12	90,629
Retail	11	92,592
Industrial	14	3,245,696
Other	4	1,300,257

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 Greenwood, IN. Currently, there is 4,090,075 square feet of commercial property for sale here , which includes 1 office building(s) for sale , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	6,330
Industrial	2	59,938
Other	14	4,023,807

Greenwood, IN Commercial Real Estate for Lease and Sale

Southtech Business Park - Building 6

795 N Emerson Ave

972 Emerson Parkway

Country Center Shoppes

Cubework Greenwood

Greenwood Park @ 65 South Outlot

373 Meridian Parke Lane

Greenwood Park at 65 South - Building 3

Southtech Business Park - Building 7

Greenwood Park at 65 South - Building 6

Space available in well-established retail corridor in Greenwood

Frequently Asked Questions

Greenwood, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Greenwood, 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 Greenwood, IN?

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

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

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

Greenwood, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us