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Dutch Bros | 3% Buyside Fee at List Price 1111 E McGalliard Rd 950 SF 4-Star Retail Building Muncie, IN 47303 $3,971,393 CAD ($4,180.41 CAD/SF) 5.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Lease | Long-Term Commitment | Built-In Rental Increases
- Surrounded by National Retail & New Developments | High-Traffic Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
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, recently 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,971,393 CAD
Price Per SF
$4,180.41 CAD
Cap Rate
5.65%
NOI
$224,410 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.34 AC
Zoning
VBZ - Variety Business Zone
Parking
11 Spaces (11.58 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dutch Bros
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dutch Bros | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-11-03-251-023.000-003 | Improvements Assessment | $0 CAD |
| Land Assessment | $525,547 CAD | Total Assessment | $525,547 CAD |
PROPERTY TAXES
Parcel Number
18-11-03-251-023.000-003
Land Assessment
$525,547 CAD
Improvements Assessment
$0 CAD
Total Assessment
$525,547 CAD
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Dutch Bros | 3% Buyside Fee at List Price | 1111 E McGalliard Rd
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