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NNN-Anchored Shopping Center
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Pending

10460 N Michigan Road, Zionsville, IN 46032

Three-tenant retail property with national occupants and triple-net lease structures.

Property Size5,185 SF
Days on Market143

Property Features for 10460 N Michigan Road

General Information

Standard status Pending
Size 5,185 SF
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Starbucks Coffee, Old National Bank

Building Details

Tenancy Multi
Listing Agency: Zunarelli Capital Advisors
Listed By: Julian Zunarelli · License #IN RB20001427
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zunarelli Capital Advisors

Investment Insights

Based on property information with market context.

This 5,185-square-foot shopping center contains three occupied retail spaces and is leased to Old National Bank, Starbucks Coffee, and UBreakiFix. The property is fully occupied, with each tenant operating under a triple-net lease structure.

Located along North Michigan Road, the center combines multiple established occupants within a single retail asset. Tenants reimburse their pro-rata portions of taxes, common area maintenance, insurance, and management expenses, supporting a defined operating arrangement for the property.

Key Highlights

  • 5,185‑square‑foot shopping center
  • Three‑tenant retail configuration
  • 100% occupied by Old National Bank, Starbucks Coffee, and UBreakiFix

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby
445k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 26% Shops & Services 24% Dining 17% Groceries 14%
Target Superstores
114,214 visits/mo 0.4 miles
Kroger Groceries
43,272 visits/mo 0.2 miles
Marshalls Apparel
32,442 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
31,806 visits/mo 0.5 miles
Crew Carwash Shops & Services
22,065 visits/mo 0.1 miles

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Three-tenant retail property with national occupants and triple-net lease structures.
Where is this shopping center located?
The property is located at 10460 N Michigan Road Zionsville, IN.
What are key features of this property?
This property features: 5,185‑square‑foot shopping center; Three‑tenant retail configuration; 100% occupied by Old National Bank, Starbucks Coffee, and UBreakiFix
More about this property
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