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    OFF-MARKET
    Lifestyle centers

    1401 Mcgalliard Rd, Muncie, IN 47304

    245,738 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Lifestyle centers
    Total area 245,738 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wings Etc. Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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