2001 S Madison Street, Muncie, IN 47302

Building Details

Year built

1988

Flooring type

Tile

Listing agent Brian Allardt License #RB14013784 Show Phone

Listing office Coldwell Banker Real Estate Group s***@coldwellhomes.com 400 N High St. Suite 110 (Broker: Adam Ertel), Muncie, IN Show Phone

Listing date Sep 16, 2024

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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.

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Overview

This net-leased retail property is a well-maintained, purpose-built facility for Advanced Auto, offered for sale. The building totals 7,000 square feet and sits on a 0.68-acre lot. A recent lease extension provides an additional five-year term. The property is being marketed as an “advanced auto” net-leased asset, with the existing occupancy structure in place.

The site is located just south of CVS and Walgreens along a strong retail corridor in Muncie, Indiana. The building benefits from plenty of on-site parking, supporting convenient customer access and day-to-day operational flow. Surrounding retail anchors in the immediate area help establish consistent neighborhood shopping activity.

For investors seeking a stabilized, net-leased retail option with a current five-year extension, this property offers a straightforward retail configuration built to serve an auto-focused tenant. Its combination of maintained condition, dedicated building improvements for the existing use, and generous parking is designed to support continued operations under the existing lease structure.

Suggested Use

Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Gym & Fitness Center Skin Care Clinic Accounting Firm Nail Salon Hotel & Motel

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

Location Insight

• Map
• Local Demand

City

Muncie

County

Delaware

State

Indiana

Longitude

-85.38193

Latitude

40.177168

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FAQs

What type of property is this?

Retail space - Net-leased auto retail building with long-term lease extension and ample parking in a busy retail corridor.

Where is this retail space 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 SF net leased building built in 1988 for Advanced Auto; Recent lease extension for five years; Net leased income with a reported 7.25 cap rate on $50,400 in annual rents