211 W Mcgalliard Rd, Muncie, IN
Retail site near high-traffic intersection on McGalliard Road.
- Added:
- Sep 30, 2025
- Days on Market:
- 259
- Last Refresh:
- May 19 at 9:01 pm
Property Features for 211 W Mcgalliard Rd
General Information
- Standard status
- Active
- Size
- 2,126 SF
- Lot size
- 0.58 Acres
- Property subtype
- RETAIL
Listing agent Lisa Brand, CCIM License #RB14020834 (765) 744-7905
Listing office ADM Commercial Real Estate (765) 744-7905
Listing date Sep 30, 2025
Source Moodyscre
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 ADM Commercial Real Estate
HighLights
- Prime retail location on McGalliard Road.
- High traffic intersection.
- Adjacent to Texas Roadhouse.
- Adjacent to Aldi.
- Adjacent to Walgreens.
- Adjacent to FedEx.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.1k | $24.96 |
| − Vacancy | −$2.3k | −$1.10 |
| EGI | $50.7k | $23.86 |
| − OpEx | −$15.2k | −$7.16 |
| NOI | $35.5k | $16.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Muncie
- County
- Delaware
- State
- Indiana
- Longitude
- -85.3881
- Latitude
- 40.2188
