The Marquis Group of KW Commercial Lafayette is pleased to present this Land Lease opportunity available in Lebanon, IN. This property is located just East of I-65 along State Road 32. Close to the Lebanon LEAP district, 1325 W South St is a 0.54-acre retail property located at the intersection of W South St and Ransdell, with 174 feet of frontage on W South St (SR 32).
The LEAP Lebanon Innovation District (Limitless Exploration/Advanced Pace) is a massive 9,000-acre economic development project in Lebanon, Indiana, designed to attract high-tech manufacturing and R&D companies. Managed by the Indiana Economic Development Corporation (IEDC), it is situated along the I-65 "Hard Tech Corridor" between Indianapolis and West Lafayette.
Major Projects & Anchors
Eli Lilly and Company: The primary anchor, investing over $9 billion in a pharmaceutical manufacturing campus focused on active ingredients for medications like Tirzepatide.
Meta (Facebook): Recently broke ground in February 2026 on a $10 billion data center campus spanning 1,500 acres.
Mixed-Use Village: Plans include a sustainable village with residential, retail, and office spaces integrated with the Big 4 Trail.