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26671787
26671786

3621 N Everbrook Ln, Muncie, IN 47304

JW
IN IN RB23000239
Coldwell Banker Commercial Lunsford Real Estate
BA
IN RB14013784, IN
Coldwell Banker Commercial Real Estate Group
Listed by Coldwell Banker Commercial Lunsford Real Estate, Coldwell Banker Commercial Real Estate Group
$699,000
315 days on market
Updated 1 day ago

3621 N Everbrook Lane

Details
APN 0731426011000
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 6,300
Units 5
Cap Rate 9.87%
NOI $68,970
Occupancy 100%
Tenancy Multi
Lease Type Net
Class A
Year Built 1990
Year Renovated 2022
Lot Size (SqFt) 27,072
Zoning CB Central Business
Parking Spaces 32 spaces
Parking per 1,000 SqFt 5.08
Investment Type Core
Sale Condition For sale by owner

Multi-Unit Office Building- 9.9% Cap Rate- Great Investment Opportunity

Marketing description

Well-maintained 6,300 SF office building situated on 0.63 acres in a prime Muncie

commercial corridor. Built in 1990, the property features professional curb appeal,

ample surface parking, and a flexible single-story layout suitable for multiple tenants.

The building is in strong condition with modern office build-outs, private offices,

reception, break areas, and restrooms, making it ideal for professional, medical, or

service-oriented users.

Located just off McGalliard Road, one of Muncie’s busiest retail and business

corridors, the site offers excellent visibility and easy access to nearby dining, retail,

and essential services. With strong area demographics and steady tenant demand,

this property presents a turnkey opportunity for an owner-user or an investor seeking

stable income in a growing market.

Investment highlights

6,300 SF single-story office building on 0.63 acres

Built in 1990, well-maintained with professional curb appeal

Ample on-site surface parking for tenants and visitors

Flexible floor plan with private offices, reception, break room, and restrooms

Located just off McGalliard Road, one of Muncie’s busiest commercial corridors

Surrounded by national retailers, restaurants, healthcare, and services

Strong investment or owner-user opportunity with income-producing potential

Listing Contacts

JW
IN IN RB23000239
Coldwell Banker Commercial Lunsford Real Estate
BA
IN RB14013784, IN
Coldwell Banker Commercial Real Estate Group
Listed by Coldwell Banker Commercial Lunsford Real Estate, Coldwell Banker Commercial Real Estate Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,970.00
$5,747.50/mo

Valuation Metrics

0
DSCR
9.87%
Cap Rate
9.87%
ROI

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Additional Information

Name
Jacob Wagner
License
IN RB23000239
Brokerage
Coldwell Banker Commercial Real Estate Group
Brokerage Phone
7652892228
Title
Commercial Real Estate Broker
Name
Brian Allardt
License
RB14013784
Brokerage Address
400 North High Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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