sec of 146th st & michigan rd...middleschool west clay el em ntary rue de chateau st. clair e...

5
9339 Priority Way West Drive Suite 120 Indianapolis, IN 46240 317.663.6000 BETH PATTERSON Principal & Director of Retail Services O 317.663.6558 C 317.514.8454 [email protected] rcre.com SALE OR LEASE SEC OF 146TH ST & MICHIGAN RD ZIONSVILLE, IN 46077 Located at US 421 (Michigan Road) and 146th Street, this proposed, fully-zoned, 54-acre, 264,000 SF retail and office development will provide shopping and dining opportunities as well as convenient medical services for this affluent area northwest of Indianapolis. 146th Street is a major artery which at completion of its expansion, will connect Ronald Reagan Parkway from Hendricks County north and east to I-69. APPALOOSA CROSSING // RETAIL & OFFICE DEVELOPMENT INDIANAPOLIS OFFICE 54 Acres 264,000 SF AVAILABLE ACRES AVAILABLE SPACE RETAIL C003

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Page 1: SEC OF 146TH ST & MICHIGAN RD...MiddleSchool West Clay El em ntary Rue de Chateau St. Clair E sta e The Woods at Huddersfield Propos ed 350 N w Home Community (1 mile north) Spring

9339 Priority Way West Drive Suite 120Indianapolis, IN 46240317.663.6000

BETH PATTERSONPrincipal & Director of Retail ServicesO 317.663.6558C [email protected]

rcre.com

SALE OR LEASE

SEC OF 146TH ST & MICHIGAN RDZIONSVILLE, IN 46077

Located at US 421 (Michigan Road) and 146th Street, this

proposed, fully-zoned, 54-acre, 264,000 SF retail and office development will provide shopping and dining opportunities

as well as convenient medical services for this affluent area

northwest of Indianapolis. 146th Street is a major artery which

at completion of its expansion, will connect Ronald Reagan

Parkway from Hendricks County north and east to I-69.

APPALOOSA CROSSING // RETAIL & OFFICE DEVELOPMENT

INDIANAPOLIS

OFFICE

54 Acres 264,000 SF

AVAILABLE ACRES AVAILABLE SPACE

RETAIL

C003

Page 2: SEC OF 146TH ST & MICHIGAN RD...MiddleSchool West Clay El em ntary Rue de Chateau St. Clair E sta e The Woods at Huddersfield Propos ed 350 N w Home Community (1 mile north) Spring

rcre.com

APPALOOSA CROSSING // SITE PLAN

N

E 300 S / 146th Street

Michig

an Road

/ US 4

21

Page 3: SEC OF 146TH ST & MICHIGAN RD...MiddleSchool West Clay El em ntary Rue de Chateau St. Clair E sta e The Woods at Huddersfield Propos ed 350 N w Home Community (1 mile north) Spring

rcre.com

ROADWAY EXPANSION AND AMENITIES MAP

DEMOGRAPHICS*

3 MILES 5 MILES 10 MILES

Population 23,433 61,500 277,581

Households 8,041 22,025 112,801

Average HH Income $178,833 $164,945 $112,507

Median Age 37.4 37.2 37.3*SitesUSA 2019 Estimated

NEIGHBORHOOD STUDY, ATTACHED, SHOWS INCREASED NUMBERS.

Page 4: SEC OF 146TH ST & MICHIGAN RD...MiddleSchool West Clay El em ntary Rue de Chateau St. Clair E sta e The Woods at Huddersfield Propos ed 350 N w Home Community (1 mile north) Spring

rcre.com

WITHIN LABELED NEIGHBORHOODS SHOWN ABOVE: Platted Homes: 20,522

Existing Homes (prior to 2013): 15,083Permits Issued from Jan. 2013 - Jul. 2019: 2,340

*This study does not take into consideration single family homes outside a neighborhood development or multi-family units.

NEIGHBORHOOD MAP146TH STREET & MICHIGAN ROAD (E. 300 S. & U.S. 421)

SITE

Michig

an Rd

W 146th St

3 MILE RADIUS

Ponds West

Brookstone

West Chase

The Woods at Williams Creek

Springmill Streams

Springmill Ridge

ClaybridgeClaybridgeFarm

Centennial

Mulberry Farms

Maple Knoll

Springmill Crossing

Merrimac

Thistlewood

Village Farms

Village of Mount Carmel

Kensington Carriage at Oak Trace

The Village of West Clay

Lakes of Town Road

Village of Towne Point

Estates of Clay West

Westmont

Cheswick Place

Kingsborough

High Grove

Laurel Lakes

Crossfields

Huntington Chase Sutton Place Crooked Stick

Oak TreeLong Branch Estates

Abney GlenSanctuary

Weston Ridge

Larkspur

Saddlebrook at Shelborne

Preserve at Spring Knoll

Mallard Pond

Saddlebrook Farms

Pleasant View Lane Fox Run

Springlake Estates

Chateaux de Moulin

Clay Springs

Westwood Estates

Saddle CreekLincolnshire

Lakes of Hayden Run

Lakeside Park

StanfordPark

Shelborne Green

Overbrook Farms

Brookhaven Fieldstone

UnionElementary

InteractiveAcademy

Pleasant View Elementary

ZionsvilleHigh School

ZionsvilleMiddle School

Eagle Elementary School

CreeksideMiddle School West Clay

Elementary

Rue de Chateau

St. Clair Estates

The Woods at Huddersfield

Proposed 350 New Home Community

(1 mile north)

Spring Knoll

Hampshire

Courtyards ofZionsville

OxfordWoods

Tallyn’s RidgeCobblestone

Smith Meadows

Rock Bridge

Reserve at Rock Bridge

Cedar BendZionsville

Pleasant View Estates

BellewoodBrittany Chase

The Woods at Lion Creek

Bridlewood

Claybourne

Glen Oaks

WillowGlen

The Willows

Long Ridge Estates

WexleyChase Aberdeen

Bend

Shelbourne Estates

Hayden Run

Heather Knoll

Trails of Hayden

Oak Ridge

Buttondown Farms

Colony Woods

Ravinia Austin Oaks

Coventry Ridge

Ditc

h R

oad

Tow

ne R

oad

Shel

bo

rne

The Preserve at Bear Creek

Hadley Grove

The Sanctuary at 116th

Ashmoor

Jackson’s Grant on

Williams Cir.

Grannan Grove

Woods at Shelborne

Spring Farms

Town Oak Estates

Windsor Grove Kendall

Wood

Bellantrae

Willow Ridge

Stillwater

Allens Acres

Blackstone

Northern Meadows

Lost Run Farms

HiddenPines

IsenhourHills

1 MILE RADIUS

Williams Creek Farms

CarmelPointe

AutumnWood Farms

Ridge atHayden Run

Kings Mill Queen’s Manor Temple Drive

Church

North MeridianHeights

Grand andMain

WestfieldFarms

Hills andDales West

Two Gaits atViking Meadows

Meadowlands atViking MeadowsEnclave at

Viking MeadowsSpringdale

FarmsCrosswindCommons Springs at

Viking Meadows

Meadows atSpringmill Villages

Harmony

Liberty Ridge

Bent CreekHammanEstates

Bridlebourne

English Oaks Walnut CreekWoods

Woodhaven Cass Estates

Park at Weston Place Brandywine

Bentley Oaks Highpointe on Meridian

Park Meadowsat Springmill

Park Placeat Springmill

AshburyPark

Crossings atSpringmillVillages

Sedgwick Buckhorn

Wilshire

Rolling Meadows

Centennial South Centennial South

Hunters CreekSouth

Spring Run Estates

Winterwood

Waterfront ofWest Clay

Edgewood

CarlsonCorner

Under Construction900 Home Golf

Holliday Farms

Community

Ansley Park

Copper Run

Woodside atWest Clay

Albany Place

Shadow Wood

Westchester

Wood WindDerby Ridge

Serenade

E 300 S Ronald Reagan Pkwy

West Railat The Station

Pemberton Brock’sMeadow

Stonegate

Countryside

There are a total of 21,532 platted subdivision lots within the boundaries of the attached map. Prior to 2013, the subdivisions had 16,021 existing homes. Since that time, in the years 2013-YTD2019, 2,377 additional permits have been issued, which represents a 15.8% increase.

Currently, there are 3,224 platted homesites, still to be permitted and built. Population in the area continues to increase with new home permits. At the current rate, 2019 could be a record year with a total of 594 permits. Many more neighborhood projects are in the development stages.

* This study does not include multi-family projects or single-family homes not in subdivisions.

See table below for annual permits issued.

415

335273

367

350290

594

14,500

15,000

15,500

16,000

16,500

17,000

17,500

18,000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Hom

es P

erm

itted

Year

Annual Permitted Homes

2.28%

2.12%1.72%

3.47%

Projected 2019 Total

10 Mile$112,507$178,833 $164,945

Average Household Income3 Mile 5 Mile

Page 5: SEC OF 146TH ST & MICHIGAN RD...MiddleSchool West Clay El em ntary Rue de Chateau St. Clair E sta e The Woods at Huddersfield Propos ed 350 N w Home Community (1 mile north) Spring

The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors, omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representation as to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.

9339 Priority Way West Drive Suite 120Indianapolis, IN 46240317.663.6000

#growIndy

rcre.com

BETH PATTERSONPrincipal & Director of Retail ServicesO 317.663.6558C [email protected]

M

M

JDD Partners, LLC1985 Rando lph Ave . S t . Pau l , MN 551056 1 2 . 2 8 4 . 4 4 0 2

146th & US HWY 421 - Zionsville, Indiana

CONCEPTUAL SIGN PLAN

MULTI-TENANT MONUMENT SIGN

OUTLOT/SINGLE TENANT MONUMENT SIGN

M M

S

S

SS

S S

S

S S S

S

SSS

M

M

S

S

Retail multi-tenant sign at12’ maximum height

Medical multi-tenant signat 12’ maximum height

Retail single tenant sign at6’ maximum height

Medical single tenant signat 6’ maximum height

M

M

JDD Partners, LLC1985 Rando lph Ave . S t . Pau l , MN 551056 1 2 . 2 8 4 . 4 4 0 2

146th & US HWY 421 - Zionsville, Indiana

CONCEPTUAL SIGN PLAN

MULTI-TENANT MONUMENT SIGN

OUTLOT/SINGLE TENANT MONUMENT SIGN

M M

S

S

SS

S S

S

S S S

S

SSS

M

M

S

S

Retail multi-tenant sign at12’ maximum height

Medical multi-tenant signat 12’ maximum height

Retail single tenant sign at6’ maximum height

Medical single tenant signat 6’ maximum height