$695,000
Well located Advanced Auto Net Leased property in Muncie IN. 7000 square foot building built for Advanced Auto. Recent lease extension for five years. 7.25 Cap rate on rents of $50,400 per year. Well maintained building with plenty of parking. Located just south of CVS and Walgreens in a strong retail corridor.
Memorial to Madison south to property
MLS # | 202435746 |
---|---|
Date Listed | 2024-09-16 |
Status | Active |
Property Type | Commercial |
Property SubType | Retail |
New Construction | No |
Type | Retail |
Annual Taxes | $9,610.00 |
Year Taxes Payable | 23 pay 24 |
Year Built | 1988 |
Virtual Tour | propertypanorama.com » |
Days on Market | 381 |
Den | 1 × 7000 | Level |
3rd Bedroom | 1 × 1 | Level |
Construction | Retail |
---|---|
Lot Size | 29,621 sq ft |
Acreage | 0.68 Acres |
Lot Dimensions | 200 x 149 |
Fence | None |
Area | Delaware County |
---|---|
County | Delaware |
Subdivision | Other |
Township | Center |
City | Muncie |
State | IN |
Zip | 47302 |
Assoc. Dues | $0.00 |
---|
MLS# 202435746
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Brian Allardt
Coldwell Banker Real Estate Group
Cell: 765-808-1400
Listing updated September 22, 2025 at 3:45 am
Last checked 18 minutes ago