2001 S Madison St Muncie, IN 47302
For Lease
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Property summary
This exceptional investment opportunity presents a well-maintained, 7,000 square foot commercial building situated on a 0.68-acre lot at 2001 S Madison Street in Muncie, Indiana. Currently leased to Advanced Auto Parts under a recently extended five-year lease, this property offers a secure and stable income stream. The building was specifically constructed for Advanced Auto Parts, ensuring a functional and efficient layout perfectly suited to their operations. Annual rental income totals $50,400, generating a compelling 7.25 cap rate, representing a strong return on investment. The property boasts ample parking, a significant advantage for both the tenant and potential future occupants. Its strategic location in a thriving retail corridor, just south of established businesses like CVS and Walgreens, guarantees high visibility and accessibility. This prime commercial property is an ideal addition to any diversified investment portfolio, offering a blend of stability, strong returns, and excellent long-term potential. The building's excellent condition and the tenant's long-term commitment minimize risk and maximize the potential for consistent cash flow. This is a rare opportunity to acquire a high-performing, net-leased property in a desirable location. The property's size, location, and current lease terms make it an attractive investment for both seasoned and emerging investors seeking a stable and profitable addition to their holdings.
Property profile
VerifiedCap rate & NOI
Current use
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Courier Service Postal Service
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Auto Parts Store
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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