For Sale
$695,000

2001 Madison StMuncie, IN 47302

High-Yield Net-Leased Property, Excellent Location

Overview

Added:
Feb 3
Days on market:
64
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 Details for 2001 Madison St

Property type
Year Built
1988
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.17709
Longitude
-85.38204
2001 Madison St, Muncie, Indiana

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2001 Madison St
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