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.