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Kroger-Anchored Shopping Center

1416-1610 W McGalliard Rd, Muncie, IN 47304

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A 98% occupied retail property combines a long-standing grocery tenant with 2,162 square feet of available space.

Property Size87,083 SF
Lot Size6.82 Acres
Days on Market22

Property Features for 1416-1610 W McGalliard Rd

General Information

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

Site & Location

Corner Location Yes
Anchor Co-Tenants Kroger
Traffic Count 34,871 vehicles/day

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap SWM Group
Listed By: Sean Sharko · License IL 471.010712
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 3:30PM

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 Marcus & Millichap SWM Group

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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 wholly owned subsidiary of The Kroger Co. The grocer has operated at the property since 1995 and represents 58% of scheduled gross income. Overall occupancy is 98%, with 2,162 square feet available. The tenant roster also includes Great Clips, AT&T Mobility, Verizon Wireless and Noodles & Company; the center’s weighted average tenant tenure is 24.06 years. Yummy Bowl Mongolian Grill signed a 10-year lease in 2026, Batman Grill & Shawarma expanded into an adjoining unit and signed a 10-year lease, and Curry Nights Indian Cuisine signed a lease in 2025.

The 6.82-acre property has 487 surface parking spaces and 1,400 feet of combined frontage on West McGalliard Road and Wheeling Avenue, at their signalized intersection. The two roads carry a combined 34,871 vehicles per day. Northwest Plaza is across from the center, while Muncie Plaza and Muncie Mall are within 2.2 miles. Ball State University is 1.8 miles away. Within five miles, the trade area includes 83,164 residents and 97,100 employees.

Key Highlights

  • 87,083‑square‑foot center with 98% occupancy and 2,162 square feet available
  • Pay Less Super Market has operated at the property since 1995 and accounts for 58% of scheduled gross income
  • 6.82‑acre site with 487 surface parking spaces

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

34,871 VPD
Traffic count
98%
Occupancy
Multi-tenant
Tenancy

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% occupied retail property combines a long-standing grocery tenant with 2,162 square feet of available space.
Where is this shopping center located?
The property is located at 1416-1610 W McGalliard Rd Muncie, IN.
What are key features of this property?
This property features: 87,083‑square‑foot center with 98% occupancy and 2,162 square feet available; Pay Less Super Market has operated at the property since 1995 and accounts for 58% of scheduled gross income; 6.82‑acre site with 487 surface parking spaces
(630) 347-9050 Call to check price and availability
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