Multi-Tenant Retail
For Sale
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811 West McGalliard Road, Muncie, IN 47303
Vacant multi-tenant retail center with refreshed façade and renovated interiors, offering multiple suite sizes for flexible leasing.
Property Size14,982 SF
Lot Size0.99 Acres
Price / SF$86.77
Days on Market101
Property Features for 811 West McGalliard Road
General Information
Standard status
Active
Size
14,982 SF
Total Parking Spaces
69
Lot size
0.99 Acres
Property subtype
Retail
Investment Type
Value Add
Additional Details
Traffic Count
34,357 vehicles/day
Office Units
5
Building Details
Year Built
1983
Year Renovated
2025
Stories
1
Units
5
Tenancy
Multi
Listing Agency:
Colliers - Columbus, Ohio
Listed By:
Grant Chaney · License #OH 2013002810
(614) 436-9800
Source:
Crexi
Added: Jun 17
Changed: Sep 23
Last Checked: Sep 24 at 10:50AM
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 Colliers - Columbus, Ohio
Investment Insights
Based on property information with market context.
811 Center is a fully vacant, multi-tenant retail property totaling 14,982 SF, arranged as five suites ranging from 720 to 6,525 SF. The space mix supports a variety of daily-needs and service-oriented concepts, with suites delivered as white-boxed or in final stages of completion. Ownership completed a 2025 façade refresh and roughly $300,000 in interior renovations, positioning the building for immediate occupancy with minimal downtime for new tenants.
The center is located on W McGalliard Rd along Muncie’s primary retail corridor, with 34,357 AADT noted in the offering materials. The property sits down the road from the Muncie Mall redevelopment and provides 69 parking spaces on 0.99 acres, supporting convenient customer access across the multi-suite layout.
With all suites available, the asset is positioned for lease-up across multiple uses without reliance on a single anchor. The vacant delivery also allows a buyer to reset lease economics to current-market NNN with expense recoveries. For an owner-user, the configuration supports occupying one suite while leasing the remaining space. The offering notes a pro forma stabilized rent of $163,951 (blended NNN of $10.94/SF) and outlines an unleveraged stabilized yield based on a $1,300,000 basis.
The center is located on W McGalliard Rd along Muncie’s primary retail corridor, with 34,357 AADT noted in the offering materials. The property sits down the road from the Muncie Mall redevelopment and provides 69 parking spaces on 0.99 acres, supporting convenient customer access across the multi-suite layout.
With all suites available, the asset is positioned for lease-up across multiple uses without reliance on a single anchor. The vacant delivery also allows a buyer to reset lease economics to current-market NNN with expense recoveries. For an owner-user, the configuration supports occupying one suite while leasing the remaining space. The offering notes a pro forma stabilized rent of $163,951 (blended NNN of $10.94/SF) and outlines an unleveraged stabilized yield based on a $1,300,000 basis.
Key Highlights
- Fully vacant 14,982 SF multi‑tenant retail center (5 suites) on W McGalliard Rd in Muncie
- Five suite sizes from 720 to 6,525 SF for flexible leasing (service, food, medical, office‑retail, daily‑needs)
- Completed 2025 facade refresh plus roughly $300,000 in interior renovations; suites are white‑boxed or in final stages
Property Analytics
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Current Use
Lease Details
5
Office units
34,357 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
451k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 27%
Superstores 24%
Apparel 11%
Target
Superstores
109,339 visits/mo
0.4 miles
McDonald's
Dining
41,564 visits/mo
0.1 miles
Five Below
Shops & Services
36,559 visits/mo
0.2 miles
DICK'S Sporting Goods
Apparel
31,041 visits/mo
0.2 miles
Michaels
Shops & Services
17,494 visits/mo
0.2 miles
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Muncie Town Plaza — E McGalliard Rd, Muncie, IN 47303
- Mcgalliard Square Shopping Center — 420 E McGalliard Rd, Muncie, IN 47303
- Mcgalliard Mall Plaza — 818 E McGalliard Rd, Muncie, IN 47303
- Pluto Printing — 3501 n granville ave, muncie, in 47303
- Buyer market — 3501 n granville ave, muncie, in 47303
Frequently Asked Questions
What type of property is this?
Shopping center - Vacant multi-tenant retail center with refreshed façade and renovated interiors, offering multiple suite sizes for flexible leasing.
Where is this shopping center located?
The property is located at 811 West McGalliard Road Muncie, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully vacant 14,982 SF multi‑tenant retail center (5 suites) on W McGalliard Rd in Muncie; Five suite sizes from 720 to 6,525 SF for flexible leasing (service, food, medical, office‑retail, daily‑needs); Completed 2025 facade refresh plus roughly $300,000 in interior renovations; suites are white‑boxed or in final stages
