Retail Space / Indiana / Muncie / 47303 / 227 E McGalliard Rd

227 E McGalliard Rd

Q: What is the asking price for 227 E McGalliard Rd in Muncie?

The asking price for 227 E McGalliard Rd is $2,086,000

Q: What is the building size of this Retail property in Muncie, IN?

The size of the building/unit at 227 E McGalliard Rd in Muncie is 2,700 square feet.

Q: What is the population within 1 mile of 227 E McGalliard Rd?

The population within 1 mile of 227 E McGalliard Rd Muncie, IN 47303 is 6,734 people.

Q: Who do I contact for questions about 227 E McGalliard Rd?

You should contact the listing agent, Jessica Gibson, for any details regarding this commercial listing.

Muncie, IN 47303

Listing ID: 153259

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Building Size: 2,700 SF

Lot Size: --

Land Size: --

Building $/SF: $772.59

Land $/SF:

Price

$2,086,000

Description

Hardee’s has a brand new 20-year Absolute NNN GROUND lease with 10% rental escalations every 5 years and four 5 year renewal options. This offering is a free-standing building with brand new construction that was completed in June of 2019. The tenant, New Beginnings Restaurant Group, LLC is a 27-unit Hardee’s operator

Hardee’s is located in Muncie, Indiana along McGalliard Road on the main East/West thoroughfare with excellent driveby visibility. Nearby retailers include: Muncie Mall (a 636,000 SF shopping mall anchored by JCPenney, Macy’s & Sears with 70 retail shops), Target, Kohl’s, Michaels, Dick’s Sporting Goods, Hobby Lobby, TJ Maxx, Maurices, ULTA Beauty, Sally Beauty, Shoe Carnival, ALDI, Tractor Supply Co., Harbor Freight, Big Lots, Dollar Tree, JOANN Fabrics, Staples, etc. This asset is located 2 miles from Ball State University (enrollment of 22,513) and 5 miles from Indiana University (360 beds).

*In Association with Indiana Local Broker: Michael Ofsansky, Michael Ofsansky Realtors #RB14011709

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 227 E McGalliard Rd Muncie, IN 47303

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,734	53,582	82,046
Population Median Age		36	35	37
Population by Age	0-9 Yrs	1024 (15%)	4888 (9%)	8426 (10%)
	10-19 Yrs	700 (10%)	8603 (16%)	12053 (14%)
	20-29 Yrs	1593 (23%)	15755 (29%)	19435 (23%)
	30-39 Yrs	647 (9%)	4575 (8%)	7657 (9%)
	40-49 Yrs	782 (11%)	5129 (9%)	8612 (10%)
	50-59 Yrs	680 (10%)	5007 (9%)	8874 (10%)
	60-69 Yrs	715 (10%)	4834 (9%)	8313 (10%)
	70+ Yrs	594 (8%)	4792 (8%)	8676 (10%)

Median HH Income		$33,189	$33,505	$37,355
Total Household Income	< 24K	1201 (41%)	8103 (39%)	11316 (34%)
	25-49K	733 (25%)	5644 (27%)	9013 (27%)
	50-74K	490 (16%)	3220 (15%)	5414 (16%)
	75-99K	291 (10%)	1610 (7%)	2913 (8%)
	100-199K	125 (4%)	1715 (8%)	3122 (9%)
	200K+	58 (2%)	347 (1%)	653 (2%)

Highest Education Level	No Diploma	570	3431	5842
	Diploma or GED	1129	8341	15717
	Some College	996	6135	10047
	Assoc. Degree	381	2395	4142
	Bachelors Degree	531	3967	6252
	Higher Degree	315	3600	5327

Total Housing Units		3,420	24,789	37,906
--Owner-Occupied		1,294	10,203	18,363
--Renter-Occupied		1,604	10,437	14,069
Owner-Occupied Values	< 100K	1075	6622	11468
	100-199K	133	2915	5246
	200-299K	69	442	907
	300-399K	1	91	329
	400-499K	0	50	145
	500K+	16	84	268

Total Working Age Population		5,316	46,290	69,206
In Work Force		3,303	26,945	39,992
Not In Work Force		2,013	19,346	29,214
Workforce Employed		3,037	24,790	37,001
Workforce Unemployed		266	2,133	2,964
Civlian Workforce		3,303	26,924	39,965
Military Workforce		0	21	27

Total Households		2,898	20,640	32,431
Family Households		1,667	10,284	17,624
Non-Family Households		1,231	10,355	14,808
Married Couple		835	6,545	11,835
Other Family		832	3,740	5,789
Married w/Child		393	2,311	4,078
Single Male w/Child		56	359	630
Single Female w/Child		476	1,585	2,458

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Delaware County	118,769	-1	117,671	-3	114,142	-2	111,634

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 227 E McGalliard Rd in Muncie?

The asking price for 227 E McGalliard Rd is $2,086,000

What is the building size of this Retail property in Muncie, IN?

The size of the building/unit at 227 E McGalliard Rd in Muncie is 2,700 square feet

What is the population within 1 mile of 227 E McGalliard Rd in Muncie?

The population within 1 mile of 227 E McGalliard Rd Muncie, IN 47303 is 6,734 people.

Who do I contact for questions about 227 E McGalliard Rd?

You should contact the listing agent, Jessica Gibson, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
2913 West Bethel Avenue, Muncie, IN	$1,100,000	10000	2
2000 South Madison Street, Muncie, IN	$292,000	1800	0.57
111 East Henry Street, Farmland, IN	$650,000	2750	0.75
1119 South Scatterfield Road, Anderson, IN	$214,000	2056	0.63
1418 Jackson Street, Anderson, IN	$995,000	10070	0.2
3737 Madison Avenue, Anderson, IN	$1,100,000	12200	1.56
3413 South Western Avenue, Marion, IN	$1,500,000	8520	0.75
1450 North Meridian Street, Portland, IN	$150,000	1260	0.41
2010 South Western Avenue, Marion, IN	$1,400,000	3170	0.93
1500 South Western Avenue, Marion, IN	$7,225,000	108974	8.64

Closest Commercial Airports

Airport	Distance (mi)
Fort Wayne International Airport (FWA)	53
Indianapolis International Airport (IND)	59
James M Cox Dayton International Airport (DAY)	65