308 Tillotson AveMuncie, IN 47304
High-yield QSR Net Lease; 19+ years remaining.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- $1,635,500 asking price for a 529 SF retail property.
- Absolute NNN lease with zero landlord responsibilities.
- 2023-built 7 Brew drive-thru, 20-year lease commenced February 2024, with over 19 years remaining.
- Rare 1% annual rent increases.
- 7Venture, Inc. (7 Brew's largest franchisee with 40+ locations) is the tenant, with significant growth plans.
- Located less than one mile from Ball State University (20,440+ students).
Property Details for 308 Tillotson Ave
- Property type
- Retail properties
- Square Feet
- 529 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 13,939 SF
- Units
- 1
Location Insight
- City
- Muncie
- County
- Delaware
- State
- Indiana
- Latitude
- 40.191679
- Longitude
- -85.418792
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield QSR Net Lease; 19+ years remaining.
- Where is the retail property located?
- The property is located at 308 Tillotson Ave Muncie, IN.
- What is the asking price?
- The asking price for this property is $1,635,500.
- What are key features of this property?
- This property features: $1,635,500 asking price for a 529 SF retail property.; Absolute NNN lease with zero landlord responsibilities.; 2023-built 7 Brew drive-thru, 20-year lease commenced February 2024, with over 19 years remaining.
- How can I contact the broker?
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