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For Sale

Former Rally's

400 South Madison Street,
Muncie, IN 47305
Represented by
Elevate Net Lease

Asset Snapshot

Full Service
Retail Subtype
1989
Year Built
1996
Year Renovated
0.67 Acres
Land Area

Offering Summary

Investment Overview

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Investment Highlights

  • Vacant Former Rally's Building – 768 SF Vacant Building on a 0.67-Acre Lot, Providing a Functional Freestanding Quick-Service Restaurant Opportunity for a New Tenant or Owner-User
  • Signalized Hard-Corner Location – Positioned at a Signalized Intersection With Frontage Along Multiple Streets, Providing Strong Visibility, Convenient Access, and Exposure to Both Local and Commuter Traffic
  • High-Traffic Commercial Corridor – Located Along S Madison St, a Major Downtown Muncie Corridor With Strong Daily Traffic and Excellent Accessibility to Surrounding Residential and Commercial Areas
  • Dense and Growing Trade Area – 12,700+ People Reside within 1 Mile and 68,200+ within 3 Miles, With the 1-Mile Population Projected to Increase +7.44% Over the Next Five Years
  • Strong Daytime Employment Base – More Than 34,000 Daytime Employees within 3 Miles Support Consistent Daily Activity and Consumer Demand Throughout the Surrounding Trade Area
  • Established Retail Synergy – Located in a Dense Retail Corridor Surrounded by Several National Tenants Including CVS, McDonald's, Burger King, KFC, Taco Bell, Arby's, and Many More
  • Strong Re-Tenanting and Investment Potential – Former Restaurant Improvements, High Visibility, Dense and Growing Demographics, Strong Daytime Employment, and Established National Retail Presence Support Long-Term Commercial Appeal

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$400,000
Asking Price

Investment Sales Broker

Robert Michil
Elevate Net Lease