351 N Morton St 0.82 Acres of Commercial Land for Lease in Franklin, IN 46131

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.