REIT Sale | Former Rally’s | McDonald’s Adjacent | 16K VPD | 2-Drive Thru | Downtown Muncie

Starting Bid $1

• Freestanding Former Rally’s with Dual Drive-Thru available at Significant Discount Below Replacement Cost
• Signalized Hard Corner with ±14,322 VPD Traffic and Excellent Visibility on S Madison Street and ±2,158 VPD on E Charles St
• Nearby National Retailers: McDonald’s (across street), Burger King, Dollar General, Family Dollar, CVS, Taco Bell, CSL Plasma
• Dense Demographics with 5-Mile Population of ±79,244 and Annual Household Income of ±$66,992
• Prime Downtown Location in High Traffic Corridor 2-Miles from Ball State University and IU Health Ball Memorial Hospital
• Zoned BV, Variety Business with a Variety of Permitted Uses
• Absolute $1 Auction – NO RESERVE!

For Tours prior to auction, please email &
**Tours will not be allowed after auction. 

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing quick-service restaurant (“QSR”) property located at 400 South Madison Street in Muncie, Indiana 47305 (the “Property”). Formerly occupied by Rally’s, the Property is being offered significantly below replacement cost, presenting a compelling opportunity for owner-users, investors, or developers to acquire a highly visible retail asset positioned directly across from McDonald’s in Downtown Muncie at an attractive basis. FIRST BID MEETS RESERVE!

Constructed in 1989, the Property consists of a ±894 SF, single-story restaurant building situated on a ±0.702-acre parcel (±30,562 SF) with approximately 14 surface parking spaces. The site occupies a signalized hard-corner intersection with frontage along three streets, including South Madison Street, which carries ±14,322 vehicles per day (VPD), providing exceptional visibility and accessibility. The Property benefits from two points of ingress/egress and exposure to both local and commuter traffic throughout the Muncie trade area.