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2501 S Madison St
Muncie, IN 47302 South Muncie

$3,051,000 USD

Fast Food For Sale  •  2,768 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,768 SF
  • Lot Size 0.77 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 5.90 %
  • Tenancy Single
  • Zoning Intense Industrial Zone
0 Transit Score
62 Walk Score

Highlights

Over Nineteen (19.6) Years Remaining - NNN Lease
Above Average Sales – Long Term Operational History
Experienced ~50 Unit Operator – Wendy’s Hall of Famer
10% Rental Increases – 4-5 Year Options
Adjacent to Honeywell Manufacturing Site
65 Mins from Indianapolis – 9 Mins from Ball State University
Cap Rate: 5.90 %

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's

Amenities

  • Corner Lot
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ian Schroeder 949-345-0970 CBRE, Inc.
Ian Schroeder 949-345-0970 CBRE, Inc.