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Grocery-Anchored Shopping Center
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1416-1608 W McGalliard Rd, Muncie, IN 47304

A 98 percent occupied center offers an established tenant base and 2,162 square feet of space available for lease-up.

Property Size87,083 SF
Lot Size6.82 Acres
Days on Market6

Property Features for 1416-1608 W McGalliard Rd

General Information

Standard status Active
Size 87,083 SF
Total Parking Spaces 487
Lot size 6.82 Acres
Property subtype Shopping Neighborhood
Occupancy 98%

Additional Details

Road Access Yes

Amenities

98 Percent Occupied Kroger Grocery Anchored Center | Pay Less Super Market (Kroger Subsidiary) Has Invested a Significant Amount of Money Into a Store Remodel in 2026
Add-Value opportunity | 2,162 Square Feet of Vacant Space Available to Lease
Noodles & Company (2009), Verizon Wireless (2012), AT&T Mobility(2014), American Nails Spa (2014), and Great Clips (2015)
Pay Less Super Market (Kroger Brand) Has Been Operating At This Location Since 1995 (Accounts for 58 Percent of Total Rent)
New Leasing Momentum: Yummy Bowl Restaurant Signed a 10-Year Lease in 2026 (47 Locations in 13 States, the Brand is Rapidly Expanding), Curry Nights Indian Cuisine Signed a Four-Year Lease in 2025, and Batman Grill & Shawarma Expanded Their Space and Signed a 10-Year Lease
1.8 Miles from Ball State University Campus, Which Enrolls Over 20,200 Students
Located at the Signalized Intersection of W McGalliard Road and Wheeling Ave, Which Sees a Combined Traffic Volume of 34,871 Vehicles per Day

Building Details

Building Size 87,083 SF
Year Built 1994
Tenancy Multi
Listing Agency: Chicago Oak Brook Office
Listed By: Adrian Mendoza · License #License(s): IL: 475.147980
Source: Marcusmillichap
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 3:24AM

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 Chicago Oak Brook Office

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Investment Insights

Based on property information with market context.

This 87,083-square-foot shopping center in Muncie is anchored by Pay Less Super Market, a Kroger subsidiary operating at the property since 1995. The center is 98 percent occupied and includes 2,162 square feet of vacant space. Its 6.82-acre site has 487 surface parking spaces and 1,400 feet of combined frontage on West McGalliard Road and Wheeling Avenue.

The property occupies the signalized intersection of those roads, which together carry 34,871 vehicles per day. Northwest Plaza is across from the center; Muncie Plaza and Muncie Mall are within 2.2 miles. Target, Walmart and Meijer are also in the surrounding area, while Ball State University is 1.8 miles away.

Long-standing tenants include Great Clips, AT&T Mobility, Verizon Wireless and Noodles & Company. Yummy Bowl Mongolian Grill and Batman Grill & Shawarma each signed new 10-year leases in 2026, with Batman Grill & Shawarma expanding into an adjacent unit. Curry Nights Indian Cuisine signed a lease in 2025.

Key Highlights

  • Pay Less Super Market, a Kroger subsidiary, has operated at the center since 1995
  • 87,083 square feet on a 6.82‑acre site
  • 98 percent occupied, with 2,162 square feet of vacant space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Storage Facility Building Supply Auto Parts Store Kitchen & Bath Showroom

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

98%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby
426k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 27% Groceries 12% Office Supplies 3%
Pay Less Super Markets Groceries
49,965 visits/mo 0.2 miles
Hobby Lobby Shops & Services
37,965 visits/mo 0.2 miles
Culver's Dining
23,409 visits/mo 0.2 miles
Chili's Grill & Bar Dining
21,225 visits/mo 0.4 miles
Dollar Tree Shops & Services
20,927 visits/mo 0.1 miles

Demographics for 47304, IN

30,366
Population
14,303
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
875
Density / Sq Mi
$67,756
Median Household Income
$33,077
Median Earnings
$951
Median Rent
$161,700
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

Similar Off Market Nearby

  • Northwest Plaza — Muncie, IN 47304
  • Coinstar Kiosk - Bitcoin ATM — Kroger - Central, 1500 W McGalliard Rd, Muncie, IN 47304

Frequently Asked Questions

What type of property is this?
Shopping center - A 98 percent occupied center offers an established tenant base and 2,162 square feet of space available for lease-up.
Where is this shopping center located?
The property is located at 1416-1608 W McGalliard Rd Muncie, IN.
What are key features of this property?
This property features: Pay Less Super Market, a Kroger subsidiary, has operated at the center since 1995; 87,083 square feet on a 6.82‑acre site; 98 percent occupied, with 2,162 square feet of vacant space
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