900 E McGalliard Rd
Muncie, IN 47303
Panera Bread · Retail Property For Sale

The subject investment property is situated on E. McGalliard Road, which experiences an average daily traffic count exceeding 31,560 vehicles, respectively. Intersecting with E. McGalliard Road is N. Broadway Avenue, which brings an additional 15,400 vehicles into the immediate area on average daily. There are more than 80,750 individuals residing within a five-mile radius of the property and more than 111,340 individuals within a ten-mile radius. This café benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers, and academic institutions all within close proximity of this property. Major national tenants within the immediate area include: Target, Dick’s Sporting Goods, Walgreens, CVS Pharmacy, Aldi, AMC Theatres, McDonald’s, Wendy’s, Burger King, Olive Garden, as well as many others. The subject property benefits from being an outparcel to Muncie Mall, Northeast Indiana’s premier shopping destination. The town center is home to more than 70 national and local retail, dining and entertainment options. This Panera Bread also benefits from its close proximity to several academic institutions. Most notable is Ball State University, which has a total enrollment exceeding 21,990 students and is located within a three-mile radius of the subject café. IU Health Ball Memorial Hospital, a 360 bed, general medical and surgical facility, is located less than four miles southeast of the Panera Bread. Muncie, a city in and the county seat of Delaware County, is located in east central Indiana, approximately 50 miles northeast of the bustling city of Indianapolis. Described by several national studies as a typical American community, Muncie offers the advantages of larger cities without the hassles and costs associated with living in major metropolitan areas. Muncie is the regional hub for East Central Indiana. Their educational systems are outstanding and include: Ball State University, Ivy Tech Community College and Harrison College. Muncie/Delaware County also has five museums and a host of art galleries. Additionally, Muncie has been named the most affordable housing market in the State of Indiana and the 9th most affordable in the United States by research conducted by Coldwell Banker International.