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Wendy’s | Muncie (W Jackson St.), IN 2620 W Jackson St 3,191 SF Retail Building Muncie, IN 47303 $4,029,965 CAD ($1,262.92 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
- Adjacent to Ball State University – 20,000 Students
- Above Average Sales – Long Term Operational History
- 10% Rental Increases – 4-5 Year Options
- Across from UI Health Ball Memorial Hospital
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,191 SF
Building Class
C
Year Built
1985
Price
$4,029,965 CAD
Price Per SF
$1,262.92 CAD
Cap Rate
6.50%
NOI
$261,915 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.43 AC
Zoning
VBZ - Variety Business Zone
Parking
50 Spaces (15.67 Spaces per 1,000 SF Leased)
Frontage
97’ on W Jackson St
Amenities
- Pylon Sign
- 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 | - | - | - |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-11-08-387-007.000-003 | Improvements Assessment | $463,667 CAD |
| Land Assessment | $268,613 CAD | Total Assessment | $732,279 CAD |
Property Taxes
Parcel Number
18-11-08-387-007.000-003
Land Assessment
$268,613 CAD
Improvements Assessment
$463,667 CAD
Total Assessment
$732,279 CAD
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Wendy’s | Muncie (W Jackson St.), IN | 2620 W Jackson St
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