NNN Retail
For Sale
$550,000
2001 S Madison Street, Muncie, IN 47302
COMMERCIAL, Muncie, IN
Property Size7,000 SF
Lot Size0.68 Acres
Price / SF$78.57
Days on Market712
Property Features for 2001 S Madison Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
Memorial to Madison south to property
Subdivision
Delaware County
Standard status
Active
APN
18-11-22-108-009.000-003
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
23
Tax Description
G AND O SUB 0.0000Acres STR: 222010 IN: 1-2-3-4-5 OUT:
Tax Annual Amount
9610
Legal Description
G AND O SUB 0.0000Acres STR: 222010 IN: 1-2-3-4-5 OUT:
Utilities
Cooling system
Central Air
Building Details
Year built
1988
Flooring type
Tile
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Brian Allardt · License #RB14013784
(765) 808-1400
Added: Sep 16, 2024
Changed: Aug 26
Last Checked: Aug 28 at 11:06AM
MLS# 202435746
Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This NNN retail property comprises a 7,000-square-foot building constructed in 1988 on a 0.68-acre parcel. The property was built for Advanced Auto and features a maintained interior with tile flooring, central air, and ample on-site parking. A recent lease extension provides five additional years, and the property carries a 7.25 cap rate.
The building is positioned just south of CVS and Walgreens within a retail corridor in Muncie, Indiana. Its location on S Madison Street places the asset near established retail uses and provides a straightforward setting for a net-leased commercial property.
The building is positioned just south of CVS and Walgreens within a retail corridor in Muncie, Indiana. Its location on S Madison Street places the asset near established retail uses and provides a straightforward setting for a net-leased commercial property.
Key Highlights
- 7,000‑square‑foot retail building on a 0.68‑acre parcel
- Recent five‑year lease extension
- 7.25 cap rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 35%
Home Improvements & Furnishings 1%
Wendy's
Dining
13,361 visits/mo
0.4 miles
Taco Bell
Dining
13,205 visits/mo
0.2 miles
Burger King
Dining
12,575 visits/mo
0.2 miles
Shell
Shops & Services
10,219 visits/mo
0.3 miles
Arby's
Dining
10,022 visits/mo
0.2 miles
Demographics for 47302, IN
25,704
Population
12,625
Households
2
Avg Household Size
42
Median Age
12%
College-Educated
86%
High-School Grad
65.2 sq mi
ZIP Area
394
Density / Sq Mi
$47,185
Median Household Income
$31,795
Median Earnings
$865
Median Rent
$70,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Maintained retail building with central air, on-site parking, and a recent five-year lease extension.
Where is this nnn property located?
The property is located at 2001 S Madison Street Muncie, IN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 7,000‑square‑foot retail building on a 0.68‑acre parcel; Recent five‑year lease extension; 7.25 cap rate
