1111 E McGalliard Rd - Fast Food FOR SALE


Muncie, IN 47303- North Muncie
$2,923,000 USD
818-632-0233
1111 E McGalliard Rd, Muncie, IN for Sale
$2,923,000 USD
Fast Food - FOR SALE
1/10
null | 5.5% Cap Rate

1111 E McGalliard Rd
Muncie, IN 47303
North Muncie


HIGHLIGHTS

  • Corporate Guaranteed Lease | Long-Term Commitment | Built-In Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Surrounded by National Retail & New Developments | High-Traffic Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located at 1111 E. McGalliard Road, Muncie, Indiana. The tenant, Dutch Bros, has executed a brand-new 15-year lease with multiple 5-year extension options, demonstrating a strong long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing consistent NOI growth and a hedge against inflation. With an absolute NNN structure, there are zero landlord responsibilities, making this a truly passive investment opportunity for out-of-state or hands-off investors.

FOR SALE DETAILS

PRICE

$2,923,000 USD

PRICE/SF

$3,077 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | New 15yr Corp Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

VBZ

APN/PARCEL ID

18-11-03-251-023.000-003

ASK ABOUT THIS PROPERTY

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818-632-0233

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Aron ClineSRS National Net LeaseMore Info
818-632-0233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.