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Appaloosa Crossing Shopping Center 3091 S US 421 23 073 pi² 100% Loué Commerce de détail Immeuble Zionsville, IN 46077 15 723 146 $ CAD (681,45 $ CAD/pi²) 6,41% Taux de capitalisation



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Faits saillants de l'investissement
- Appaloosa Crossing is a 23,073-SF shopping center delivered in 2023, now at full occupancy, exclusively listed by Bellagio Real Estate Partners, LLC.
- Stabilized income stream via long-term leases with between seven to 12 years remaining and built-in rent escalations every year or every five years.
- Invest in a booming submarket where total households grew by 16% from 2020 to 2024, with a projected 13% increase by 2029 within a 2-mile radius.
- Anchored by Verde, a multi-location concept with a full-service Mexican restaurant and bar, plus an enclosed patio.
- Classic Cleaners and Aspasia Coffee both feature drive-thrus for convenience, increased traffic, and future tenant appeal.
- Supported by affluent communities, the average annual household income within approximately a five-minute drive is over $216,000.
Résumé de l'annonce
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.
Built in 2023, the property comprises approximately 23,073 square feet of retail space on 3.38 acres in a well-established and affluent part of Zionsville. With Michigan Road frontage, the center offers strong visibility and access near major regional connectors, including Interstate 465 and State Road 32. Appaloosa Crossing’s sophisticated design incorporates stone masonry, residential-style eaves, timber beams, and contrasted white-and-black trim, asserting an unmistakable presence.
Appaloosa Crossing is 100% leased to a mix of regional and local service-oriented tenants with diversified uses and space features. Current tenants include Classic Cleaners and Aspasia Coffee & Bake Shop, both of which have drive-thru service. These join Haven Dental Studio, providing in-place medical infrastructure, Uncle Bill’s Pet Center, and Verde, a popular Mexican restaurant featuring a full-service commercial kitchen and a closed-in patio dining area. The tenant mix comprises daily needs and service-oriented operators, creating durable in-person demand that is highly resistant to e-commerce disruption. The center’s modern construction, ample parking, and two drive-thrus create flexibility and long-term tenant appeal. Existing leases range from seven 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. The center has already established itself as a go-to destination for current locals and is well-positioned to benefit further as nearby density increases. With 20,000 vehicles passing by per day on average, as growth continues to rocket, the outlook of this community staple is extremely positive.
Built in 2023, the property comprises approximately 23,073 square feet of retail space on 3.38 acres in a well-established and affluent part of Zionsville. With Michigan Road frontage, the center offers strong visibility and access near major regional connectors, including Interstate 465 and State Road 32. Appaloosa Crossing’s sophisticated design incorporates stone masonry, residential-style eaves, timber beams, and contrasted white-and-black trim, asserting an unmistakable presence.
Appaloosa Crossing is 100% leased to a mix of regional and local service-oriented tenants with diversified uses and space features. Current tenants include Classic Cleaners and Aspasia Coffee & Bake Shop, both of which have drive-thru service. These join Haven Dental Studio, providing in-place medical infrastructure, Uncle Bill’s Pet Center, and Verde, a popular Mexican restaurant featuring a full-service commercial kitchen and a closed-in patio dining area. The tenant mix comprises daily needs and service-oriented operators, creating durable in-person demand that is highly resistant to e-commerce disruption. The center’s modern construction, ample parking, and two drive-thrus create flexibility and long-term tenant appeal. Existing leases range from seven 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. The center has already established itself as a go-to destination for current locals and is well-positioned to benefit further as nearby density increases. With 20,000 vehicles passing by per day on average, as growth continues to rocket, the outlook of this community staple is extremely positive.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
23 073 pi²
Classe d’immeuble
B
Année de construction
2023
Prix
15 723 146 $ CAD
Prix par pi²
681,45 $ CAD
Taux de capitalisation
6,41%
Revenu net d’exploitation
1 008 122 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,16
Taille du lot
3,38 AC
Zonage
C-2 - Commerciale
Stationnement
104 places (4,49 places par 1 000 pi² loué)
Façade
503’ sur South Michigan Road
Commodités
- Accès 24 heures
- Système de sécurité
- Affichage
- CVCA contrôlé par le locataire
- Accessible aux fauteuils roulants
- Climatisation
- Détecteur de fumée
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 06-08-23-000-002.014-029 | Évaluation des bâtiments | 7 251 784 $ CAD |
| Évaluation du terrain | 4 025 511 $ CAD | Évaluation totale | 11 277 294 $ CAD |
Impôts fonciers
Numéro de lot
06-08-23-000-002.014-029
Évaluation du terrain
4 025 511 $ CAD
Évaluation des bâtiments
7 251 784 $ CAD
Évaluation totale
11 277 294 $ CAD
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Appaloosa Crossing Shopping Center | 3091 S US 421
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