Search
Mixed-Use Destination For Lease
For Lease
Contact for pricing

11530 US-421, Zionsville, IN 46077

Mixed-use destination with retail, restaurant, commercial, and multifamily spaces.

Space Size6,000 SF - 22,000 SF
Lot Size50.00 Acres
Days on Market1247

Property Features for 11530 US-421

General Information

Standard status Active
Size 6,000 SF - 22,000 SF
Class A
Lot size 50.00 Acres
Property subtype Retail, Office, Restaurant

Building Details

Year Built 2024
Tenancy Multiple

Spaces For Lease

at 11530 US-421 Contact us

Building 3.0 - 12,900sf - October 2026 Delivery

Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Building 1 - Future

Size
12,000 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Building 12 - Future

Size
6,000 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Building 13 - Future

Size
8,000 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Building 2 - Future

Size
22,000 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Lot 10 - Ground Lease Opportunity

Type
Restaurant, Retail
Lease Type
Net
Availability
Active
Contact us

Building 11 - Future

Type
Office, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: 7D Commercial Real Estate
Listed By: Ryan Pennington · License #IN 14032890
Source: Crexi
Added: Mar 14, 2023 Changed: Aug 10 Last Checked: Aug 10 at 3:14PM

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 7D Commercial Real Estate

Investment Insights

Based on property information with market context.

Phase II is now leasing at a mixed-use destination composed of retail, restaurants, commercial spaces, and multifamily units across over 50 acres. Located between Zionsville (Boone County) and Carmel (Hamilton County) on the north side of the Indianapolis metropolitan statistical area. Phase 1 offers anchor, junior anchor, inline, and multi-tenant opportunities available for lease with delivery in Summer 2025. Phase 2, featuring anchor and small shop space, will be delivered Summer/Fall 2026. The property includes 400 Class A multifamily units. Multiple out-parcels are available for ground lease or build-to-suit fronting North Michigan Road (US-421) and Sycamore Street. The location is on the North Michigan Road Corridor, near major retailers such as Super Target, Home Depot, Costco, Marshalls, Homegoods, Kohl’s, Sierra, Kroger, LA Fitness, Aldi, and Best Buy. Hamilton County and Boone County are the fastest-growing counties in the state of Indiana, according to the 2020 Census at 26.5% and 25% growth, respectively, since the 2010 Census. Zionsville and Carmel ranked in the Top 10 of WalletHub’s study of 1,300 cities in the “Best small Cities in America” in 2022.

Key Highlights

  • Located in a high‑growth area: Hamilton and Boone Counties are the fastest‑growing in Indiana.
  • Prime location: Situated between Zionsville and Carmel, two of Indiana's highest‑income submarkets.
  • Part of a mixed‑use development: The Farm includes retail, restaurants, commercial space, and multifamily units.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Spa & Massage Center Nail Salon Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 46077, IN

33,969
Population
13,104
Households
2.6
Avg Household Size
38
Median Age
73%
College-Educated
99%
High-School Grad
44.3 sq mi
ZIP Area
767
Density / Sq Mi
$160,868
Median Household Income
$83,190
Median Earnings
$1,672
Median Rent
$534,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use destination with retail, restaurant, commercial, and multifamily spaces.
Where is this mixed-use property located?
The property is located at 11530 US-421 Zionsville, IN.
What are key features of this property?
This property features: Located in a high‑growth area: Hamilton and Boone Counties are the fastest‑growing in Indiana.; Prime location: Situated between Zionsville and Carmel, two of Indiana's highest‑income submarkets.; Part of a mixed‑use development: The Farm includes retail, restaurants, commercial space, and multifamily units.
(502) 694-0070 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message