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Wendy’s | Muncie (S Madison St.), IN 2501 S Madison St 2,768 SF Retail Building Muncie, IN 47302 $2,769,000 ($1,000.36/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 Honeywell Manufacturing Site
- Above Average Sales – Long Term Operational History
- 10% Rental Increases – 4-5 Year Options
- 65 Mins from Indianapolis – 9 Mins from Ball State University
Property Facts
Amenities
- Corner Lot
- 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 Wendy's Old Fashioned Hamburgers restaurant in Columbus, Ohio. The company operates a quick-service restaurant system built around company-operated and franchised locations, with a presence across the United States and international markets. Wendy's menu centers on made-to-order square hamburgers with fresh beef, along with chicken sandwiches and nuggets, Baconator items, Frosty desserts, and other core menu offerings. The company pursues ongoing menu development and expansion across the global restaurant system, reflecting a business focused on burgers, chicken, desserts, and franchise operations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-11-22-161-003.000-003 | Improvements Assessment | $300,400 |
| Land Assessment | $200,500 | Total Assessment | $500,900 |
Property Taxes
Presented by
Wendy’s | Muncie (S Madison St.), IN | 2501 S Madison St
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