Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    227 E Mcgalliard Rd Muncie, IN 47303

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $40 SF/Yr ($8,207 /Mo)

    First-class restaurant space with drive-thru, built in 2019.

    Property size:
    2,442 SF
    Lot size:
    0.63 Acres

    Property Features for 227 E Mcgalliard Rd

    General Information

    Size
    2,442 SF
    Lot size
    0.63 Acres

    Source: ADM Commercial Real Estate Agent Mark Sturgis 765 749 0665

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space with Drive-Thru

    This is a newly constructed (2019) first-class restaurant space. The property is suitable for drive-through restaurants, restaurants, and retail properties. It offers 2442 square feet of space. Most of the equipment is still in place and is negotiable. The property features a drive-thru.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Church’s Texas Chicken Chicken Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.3843024
    Latitude
    40.2187231

    Nearby Similar for Lease

    • $4 SF/Yr
      22,680 SF

      Muncie Retail/Warehouse Space For Lease

      22,000 SF retail/warehouse space with dock doors for lease.
      4201 N State Road 3, Muncie, IN 47303
      View Details
    • $3 SF/Yr
      470,000 SF

      Muncie Warehouse and Industrial Space

      Flexible manufacturing and warehouse space available for lease in Muncie.
      1106 E Seymour St, Muncie, IN 47302
      View Details
    • $2,375 /Mo
      10,241 SF

      Muncie Retail or Office Space

      Retail or office space near Tillotson, IU Hospital, and Ball State.
      2902 W White River Blvd, Muncie, IN 47304
      View Details
    • $17 SF/Yr
      32,806 SF

      Muncie Commercial Space For Rent

      2,400 sqft space suitable for medical, office, or retail.
      4197 W Clara Ln, Muncie, IN 47304
      View Details
    • $14 SF/Yr
      41,352 SF

      Downtown Muncie Office Space Available

      Professional office space in a prime downtown location.
      400 N High St, Muncie, IN 47305
      View Details
    • $4 SF/Yr
      15,550 SF

      Muncie Industrial/Warehouse Space Available

      Heated manufacturing or warehouse/distribution space with ample parking.
      1111 E Seymour St, Muncie, IN 47302
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - First-class restaurant space with drive-thru, built in 2019.
    Where is this drive through restaurant located?
    The property is located at 227 E Mcgalliard Rd Muncie, IN.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Newly Constructed in 2019; - Features a Drive Thru; - QSR Ready for quick setup
    (765) 749-0665
    Request Owner's contact information
    227 E Mcgalliard Rd Muncie, IN 47303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    227 E Mcgalliard Rd
    Muncie, IN 47303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    227 E Mcgalliard Rd Muncie, IN 47303
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.