Property summary
This exceptional retail opportunity presents a 1,200 square foot space available for lease within a 5,400 square foot multi-tenant freestanding building in Muncie, Indiana. Located on East McGalliard Road, this property enjoys a high-visibility position in Muncie's main retail corridor, directly adjacent to a Super Target and sharing the strip center with T-Mobile. The building, constructed in 2007, features a single story and offers ample parking with 25 spaces. The available space is easily divisible, with a minimum leasable area of 1,200 square feet and a maximum contiguous space of 1,200 square feet. However, larger spaces can be combined for a total of 4,200 square feet. Benefit from excellent access via a signalized intersection and the opportunity for prominent monument signage. This location boasts significant foot traffic, with a daytime population exceeding 130,000 within a 5-mile radius, and is conveniently situated just 1.5 miles from Ball State University, adding to the substantial daytime population of over 22,500 students. The property sits on a 0.48-acre lot and has a total of one suite. Its proximity to central Indianapolis (65 miles) further enhances its appeal. The property's parcel numbers are 1103177009000, 1103177018000, and 1103177010000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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