3904 W Bethel Ave - Fast Food FOR SALE


Muncie, IN 47304- North Muncie
$1,600,000 USD
925-390-8518
3904 W Bethel Ave, Muncie, IN for Sale
$1,600,000 USD
Fast Food - FOR SALE
1/5
null | 7% Cap Rate

3904 W Bethel Ave
Muncie, IN 47304
North Muncie


HIGHLIGHTS

  • Absolute NNN Lease – 20-Year Term with Zero Landlord Responsibilities
  • Operated by Bethel Ave Inc
  • Recent Remodel Complete
  • Strategic Location – Positioned Along W Bethel Ave with High Visibility
  • Surrounded by Major Retail Centers – Bethel Pike Shopping Center and Muncie Mall
  • Convenient Access to Major Highways – Indiana State Road 332 (McGalliard Road) and Indiana State Road 67

OVERVIEW

The Kase Group is pleased to present the opportunity to acquire a Burger King located in the established retail corridor of Muncie, Indiana. The property is leased to Bethel Ave Inc, a seasoned regional operator, under a 20-year Absolute NNN lease that commenced in August 2013 and runs through August 2033. The lease features no landlord responsibilities and two, 5-year options. Strategically positioned along W Bethel Avenue, the site benefits from excellent visibility, strong frontage, and ease of ingress and egress. The property is surrounded by a robust mix of national retailers and established shopping centers, including Bethel Pike Shopping Center and Muncie Mall, contributing to a strong and consistent consumer base. Additionally, the property offers convenient access to major highways, including Indiana State Road 332 (McGalliard Road) which carries over 20,000 vehicles per day and Indiana State Road 67, enhancing connectivity to the broader region. In Association with Scott Reid & ParaSell, Inc. | A Licensed Indiana Broker #RC51900187

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$559 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Leased Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

-

APN/PARCEL ID

18-07-31-400-018.000-003

ASK ABOUT THIS PROPERTY

Jason DenhamThe Kase GroupMore Info
925-390-8518

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

Jason DenhamThe Kase GroupMore Info
925-390-8518

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