What is the asking price for Appaloosa Crossing Shopping Center?

The lease rate for space here is Contact for pricing.

What is the total size of Appaloosa Crossing Shopping Center?

The property has a total square footage of 23,073 SF.

When was this property built?

Appaloosa Crossing Shopping Center was built in 2022.

How many parking spaces are available at Appaloosa Crossing Shopping Center?

Parking information for the property isn't currently listed. However, other nearby parking options include Carmel Clay Community Soccer Complex Parking Lot, located 3.39 miles away , and Employee & Visitor Parking, which is 4.44 miles away.

3091 S US 421, Zionsville, IN 46077

For Sale $11,500,000
Property Type Retail
Property Size 23,073 SF
Lot Size 3.38 Acre
Cap Rate % 6.41
NOI / YR $737,346.00
Year Built 2022
Date Updated Mar 24, 2026

Description

Bellagio Real Estate Partners, LLC, is pleased to present, Appaloosa Crossing, a six-tenant shopping center, located steps from the signalized intersection of Michigan Road (US-421) and E 300 S in Zionsville, Indiana. The property consists of approximately 23,073 square feet of retail and situated on 3.38 acres in a well-established and affluent part of Zionsville. With frontage along Michigan Road, the center offers strong visibility and access near major regional connectors including Interstate 465 and State Road 32. The property is currently 100% leased to a mix of regional and local service oriented tenants.

Current tenants include Classic Cleaners and Aspasia Coffee & Bake Shop—both featuring drive-thru service—Haven Dental Studio, Uncle Bill’s Pet Center, and Verde, a popular full-service Mexican restaurant featuring a closed-in patio dining area. The tenant mix is comprised entirely of daily needs and service-oriented operators, creating durable in-person demand that is highly resistant to e-commerce disruption. The center offers modern construction, ample parking, and two drive-thrus that create flexibility and long-term tenant appeal. Existing leases range from 7 to 12 years in the remaining term, with scheduled rent escalations providing built-in income growth. Located in one of Indiana’s most affluent communities, Appaloosa Crossing is surrounded by population growth and exciting new commercial and corporate developments.