2001 Madison St Muncie, IN 47302

This investment opportunity presents a well-located, net-leased retail property in Muncie, Indiana. The property features a 7,000 square foot building occupied by Advanced Auto Parts under a corporate-guaranteed lease with a remaining term of approximately 4.8 years, expiring August 31, 2029. The lease commenced October 17, 2001, and was recently extended. The property boasts a strong 7.25% cap rate based on a net operating income (NOI) of $50,400 annually. Situated on a 29,621 square foot lot zoned BV Variety Business, the property benefits from its location in a high-traffic retail corridor, near CVS and Walgreens. The well-maintained building offers ample parking. This single-tenant property provides a stable income stream with a strong national tenant. The property address is 2001 S Madison Street, Muncie, IN 47302. This is an excellent opportunity for investors seeking a secure, passively managed investment with a proven track record.