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4701 BLK E JACKSON ST
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- The asking price for this convenience store is $4,300,000.
- This asset is currently under a new 20-year NNN lease.
- The property is located in Muncie within East Central Indiana.
- This retail site generates a cap rate of 5 percent.
- A ground lease structure minimizes the landlord's operational maintenance requirements.
What's Special
Priced at $4,300,000, this convenience store asset in Muncie, Indiana, features a new 20-year NNN ground lease. The property serves as a stable investment opportunity within a regional economic hub known for its educational and manufacturing base. Muncie continues to function as a primary commercial center for East Central Indiana, providing consistent access to local consumers and commuters traversing the area. Investors seeking long-term income streams may find this NNN structure appealing due to its passive management profile. Given its classification as a retail convenience site, the location supports high-frequency traffic and daily essential service demands. This established retail corridor maintains a steady presence within the submarket, making the site suitable for institutional portfolios or private buyers looking for predictable cash flow in a stabilized market environment.
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