Appaloosa Crossing Shopping Center

For Sale

3091 S US 421, Zionsville, IN 46077

This Zionsville property for sale is located at 3091 S US 421. The current listed sale price for Appaloosa Crossing Shopping Center is $11,500,000. Appaloosa Crossing Shopping Center is situated on a lot that is 3.38 acre in size.

Contacts

Connor Oke

Bellagio Real Estate Partners

Brad Teitelbaum

Bellagio Real Estate Partners

Property Details

  • 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

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.

 

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Getting around

  • 2/100

    Walk Score ®

  • 28/100

    Bike Score ®

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Location

  • City Zionsville, IN
  • Neighborhood Willow Glen
  • Zip Code 46077
  • Market Indianapolis

Points of Interest

  • Speedway

    3.32 miles

  • Marathon

    4.09 miles

  • Mobil

    4.38 miles

  • ChargePoint

    4.83 miles

  • GetGo

    5.10 miles

  • Tesla Supercharger

    5.34 miles

  • Meijer

    5.40 miles

  • Kroger Fuel

    5.52 miles

  • Circle K

    5.56 miles

  • Genesys Car Charging Station

    7.27 miles

  • Carmel Clay Community Soccer Complex Parking Lot

    3.39 miles

  • Employee & Visitor Parking

    4.44 miles

  • St. Vincent's Main Visitor Parking

    6.93 miles

  • Clay Terrace Parking Area D

    7.00 miles

  • Clay Terrace Parking Area F

    7.00 miles

  • Clay Terrace Parking Area E

    7.00 miles

  • Clay Terrace Parking Area G

    7.01 miles

  • Clay Terrace Parking Area A

    7.11 miles

  • Clay Terrace Parking Area B

    7.14 miles

  • St. Vincent's Parking Deck

    7.15 miles

  • Greek's Pizzeria

    3.14 miles

  • Salty Cowboy

    3.21 miles

  • My Sugar Pie

    3.24 miles

  • Zionsville Pizzeria

    3.29 miles

  • The Friendly Tavern

    3.31 miles

  • McDonald's

    3.34 miles

  • DQ Grill & Chill

    3.34 miles

  • Bub's Burgers and Ice Cream

    3.57 miles

  • Stone Creek Dining Company

    3.67 miles

  • Moe's Southwest Grill

    3.70 miles

  • Kroger

    3.28 miles

  • ALDI

    4.14 miles

  • Target

    4.49 miles

  • Marshalls

    4.61 miles

  • Kohl's

    4.81 miles

  • Meijer

    5.25 miles

  • Ross

    5.54 miles

  • TJ Maxx

    5.59 miles

  • Burlington

    5.65 miles

  • Market District

    6.11 miles

Contact Appaloosa Crossing Shopping Center
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