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Muncie, IN NNN Properties for Sale

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NNN Leased Restaurant Investment Opportunity
Updated: Jul 11, 2023
NNN Leased Restaurant Investment Opportunity

809 W McGalliard Rd, Muncie, IN 47303

$3,349,000
5,312 sqft
NNN lease with Brinker International, Inc. (NYSE: EAT) as the tenant.
2.5+ years remaining on the initial lease term with 1.5% annual increases and four 5‑year options.
Located on a high‑traffic commercial road (29,755 VPD) in Muncie, Indiana.
Strong tenant confidence indicated by Brinker retaining ownership of this location after acquiring the unit operator.
Close proximity to Ball State University and IU Health Ball Memorial Hospital.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Muncie, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Lease Investment Opportunity
NNN Lease Investment Opportunity

4325 S Western Ave, Marion, IN 46953

$3,129,630
1,025 sqft

15-year NNN lease with fixed rental increases.

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Signalized Intersection NNN Opportunity
Signalized Intersection NNN Opportunity

2512 S Scatterfield Rd, Anderson, IN 46016

$4,174,000
5,919 sqft

New 20-year NNN ground lease at signalized intersection.

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NNN Retail Investment Opportunity
NNN Retail Investment Opportunity

2015 S Western Ave, Marion, IN

$1,911,756
1,750 sqft 0.53 AC lot

NNN leased retail property with long-term tenant in place.

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Retail Property on Scatterfield Road
Retail Property on Scatterfield Road

6818 S Scatterfield Rd, Anderson, IN 46013

$3,497,000

Retail property with limited landlord responsibilities in Anderson, Indiana.

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Muncie, IN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Muncie, IN on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $3,349,000.

Sale prices for triple net lease properties in Muncie, IN start at $3,349,000, averaging $3,349,000, and reaching up to $3,349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 88K
Population Growth (5Y) -2.7%
Median Household Income $52,923
College Educated 37.1%

High-Yield Neighborhoods for Investment

Identify Muncie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47302 $550K
47303 $2.3M

Taxes & Financing

Tax Rate (average for all types) 2.15%
Property Tax per SF $47.73 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delaware County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Muncie fall within the 100,000+ square foot range.

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