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Wendy’s | Muncie (E McGalliard Rd.), IN 223 E Mcgalliard Rd 2,697 SF Retail Building Muncie, IN 47303 $4,045,376 CAD ($1,499.95 CAD/SF) 5.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Over Nineteen (19.6) Years Remaining - NNN Lease
  • Experienced ~50 Unit Operator – Wendy’s Hall of Famer
  • 27K Cars Per Day - 62 Mins from Indianapolis
  • Above Average Sales – Long Term Operational History
  • Adjacent to - Target, Dick’s, Five Below, Muncie Mall
  • 6 Mins from Ball State University – 20,000 Students

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,697 SF
Building Class
C
Year Built/Renovated
1977/2010
Price
$4,045,376 CAD
Price Per SF
$1,499.95 CAD
Cap Rate
5.90%
NOI
$238,677 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.63 AC
Parking
55 Spaces (20.39 Spaces per 1,000 SF Leased)
Frontage
110’ on E Mcgalliard Rd

AMENITIES

  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is Wendy's Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Fazoli's
Red Lobster
Starbucks
McAlister's Deli
Outback Steakhouse
Buffalo Wild Wings
MCL Restaurant & Bakery
Rent-A-Center
Texas Roadhouse
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-11-03-151-008.000-003
Land Assessment
$796,001 CAD
Improvements Assessment
$425,568 CAD
Total Assessment
$1,221,570 CAD
  • Listing ID: 37923640

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 223 E Mcgalliard Rd, Muncie, IN 47303

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