For Sale
$1,200,000

1101 Mcgalliard RdMuncie, IN 47303

6,508 SF Restaurant, 1.63 Acres

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional freestanding restaurant, totaling 6,508 square feet, sits on a spacious 1.63-acre lot in Muncie, Indiana. Ideally situated along Muncie's main retail thoroughfare, McGalliard Road, this property boasts excellent visibility and accessibility, with a daily traffic count exceeding 31,521 vehicles. Its prime location offers unparalleled exposure to a large and diverse customer base. The property's proximity to Ball State University, with its 20,000+ student population, presents a significant opportunity for consistent foot traffic and revenue generation. Furthermore, the restaurant is strategically surrounded by a thriving mix of successful national restaurant chains and retailers, including notable brands such as Chick-fil-A, Starbucks, Raising Cane's, Crew Carwash, and Chipotle, creating a vibrant and attractive commercial environment. The asking price is $1,200,000, translating to $245.85 per square foot. This presents a compelling investment opportunity in a high-traffic, high-demand area with significant growth potential. The property's address is 1101 W McGalliard Rd, Muncie, IN 47303, located in Delaware County.

Highlights

  • $1,200,000 asking price for a 6,508 SF freestanding restaurant.
  • Located on Muncie's major retail corridor with high traffic counts (31,521 cars/day).
  • Excellent visibility and accessibility on McGalliard Road.
  • Close proximity to Ball State University (20,000+ students).
  • Strong surrounding retail with national brands like Chick-fil-A, Starbucks, and Raising Cane's.

Property Details for 1101 Mcgalliard Rd

Property type
Retail properties, Restaurants
Square Feet
6,508 SF
Lot Size (sq. ft)
71,003 SF

Location Insight

City
Muncie
County
Delaware
State
Indiana
Latitude
40.2184733
Longitude
-85.3984949
1101 Mcgalliard Rd, Muncie, Indiana

FAQs

What type of property is this?
Retail property - 6,508 SF Restaurant, 1.63 Acres
Where is the retail property located?
The property is located at 1101 Mcgalliard Rd Muncie, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for a 6,508 SF freestanding restaurant.; Located on Muncie's major retail corridor with high traffic counts (31,521 cars/day).; Excellent visibility and accessibility on McGalliard Road.
How can I contact the broker?
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1101 Mcgalliard Rd
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