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    1401 Mcgalliard Rd Muncie, IN 47304

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    For Lease
    Contact for pricing

    Muncie, IN Shopping Center - Spaces Available

    Lot size:
    245,738 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Northwest Plaza, a prominent retail shopping center in Muncie, Indiana, presents an exceptional opportunity for discerning businesses. Strategically located at 1401 W McGalliard Rd, 47304, this center boasts a total of 245,738 square feet of retail space. Currently, three spaces are available, offering flexible sizes to accommodate a variety of retail needs. These spaces range from 5,025 square feet to a substantial 37,684 square feet, providing options for both smaller boutiques and larger anchor tenants. The property enjoys a prime location along Muncie's main retail corridor, at the intersection of McGalliard Road and Wheeling Avenue, ensuring high visibility and significant foot traffic. This high-traffic location exposes the property to over 40,000 vehicles daily. The center benefits from multiple points of access, enhancing convenience for customers and employees. Strong co-tenancy with established national retailers such as Aspen Dental, Sport Clips, and Bob Evans further enhances the appeal and draws a consistent customer base. The proximity to Ball State University, less than one mile away, provides access to a large student population and surrounding community. This presents a unique opportunity to establish a thriving business within a well-established and highly visible retail center. The available spaces offer excellent potential for growth and success in a vibrant and dynamic market.

    Property Features for 1401 Mcgalliard Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    245,738 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    8,200 SF
    Space
    Available Space 3
    Size
    5,025 SF
    Space
    Available Space 1
    Size
    37,684 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Wings Etc. Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Muncie
    County
    Delaware
    State
    Indiana
    Longitude
    -85.4022139
    Latitude
    40.2176198

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    FAQs

    What type of property is this?
    Lifestyle center - Muncie, IN Shopping Center - Spaces Available
    Where is this lifestyle center located?
    The property is located at 1401 Mcgalliard Rd Muncie, IN.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Mcgalliard Rd Muncie, IN 47304
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