- For Sale $400,000
- Property Type Retail - Street Retail
- Property Size 768 SF
- Lot Size 0.67 Acre
- Year Built 1989
- Year Renovated 1996
- Date Updated Sep 19, 2026
Description
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Highlights
- Dense and Growing Trade Area 12,700+ People Reside within 1 Mile and 68,200+ within 3 Miles, With the 1-Mile Population Projected to Increase +7.44% Over the Next Five Years
- Established Retail Synergy Located in a Dense Retail Corridor Surrounded by Several National Tenants Including CVS, McDonald's, Burger King, KFC, Taco Bell, Arby's, and Many More
- High-Traffic Commercial Corridor Located Along S Madison St, a Major Downtown Muncie Corridor With Strong Daily Traffic and Excellent Accessibility to Surrounding Residential and Commercial Areas
- Signalized Hard-Corner Location Positioned at a Signalized Intersection With Frontage Along Multiple Streets, Providing Strong Visibility, Convenient Access, and Exposure to Both Local and Commuter Traffic
- Strong Daytime Employment Base More Than 34,000 Daytime Employees within 3 Miles Support Consistent Daily Activity and Consumer Demand Throughout the Surrounding Trade Area
- Strong Re-Tenanting and Investment Potential Former Restaurant Improvements, High Visibility, Dense and Growing Demographics, Strong Daytime Employment, and Established National Retail Presence Support Long-Term Commercial Appeal
- Vacant Former Rally's Building 768 SF Vacant Building on a 0.67-Acre Lot, Providing a Functional Freestanding Quick-Service Restaurant Opportunity for a New Tenant or Owner-User
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Contacts
Robert Michil
Elevate Net Lease
Location
Located at 400 South Madison Street, Muncie, IN 47305, this property is part of the Wolfe's Heirs neighborhood and Indianapolis market.
Contact Listing Broker
Robert Michil
Elevate Net Lease