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Wendy’s | Muncie (E McGalliard Rd.), IN 223 E Mcgalliard Rd 2,697 SF Retail Building Muncie, IN 47303 $3,603,707 CAD ($1,336.19 CAD/SF) 6.50% Cap Rate
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
1977
Price
$3,603,707 CAD
Price Per SF
$1,336.19 CAD
Cap Rate
6.50%
NOI
$234,179 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 began in 1969 when Dave Thomas opened the first location in Columbus, Ohio. The chain became known for its square hamburger patties and signature Frosty desserts. Over time, Wendy's expanded internationally through franchising. Today, the restaurant operates thousands of locations worldwide while maintaining its focus on quick-service fast food. Wendy's continues building its global presence through both company-owned and franchised restaurant models.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-11-03-151-008.000-003 | Improvements Assessment | $565,142 CAD |
| Land Assessment | $773,201 CAD | Total Assessment | $1,338,344 CAD |
Property Taxes
Parcel Number
18-11-03-151-008.000-003
Land Assessment
$773,201 CAD
Improvements Assessment
$565,142 CAD
Total Assessment
$1,338,344 CAD
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Wendy’s | Muncie (E McGalliard Rd.), IN | 223 E Mcgalliard Rd
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