Map of Property

404 W Air Park Dr

For Sale

404 W Air Park Dr, Muncie, IN 47303

This Muncie property for sale is located at 404 W Air Park Dr. The current listed sale price for 404 W Air Park Dr is $980,000. 404 W Air Park Dr is situated on a lot that is 108,900 square feet in size.

Contacts

broker

Brian Allardt

Coldwell Banker Commercial

Property Details

  • Property Type Office
  • Lot Size 108,900 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 15, 2024
Investment property located in the Airpark Center Industrial Park in north central Muncie. Three solid tenants include Peterman Brothers HVAC as anchor tenant, Quality Correctional Care and Centimark Commercial Roofing with leases extending to 2027 and 2028. Gross Income $8,825 monthly/$105,900 annual. Expenses average around $35,000 making net income $70,900. This is a very low maintenance property constructed in 2010, features include a brick and metal faade, metal roof, covered sidewalk and concrete parking lot situated on 2.5 Acres. Convenient location adjacent to the Muncie Airport and centrally located for access to anywhere in Delaware County and linkage to the Muncie Bypass and Interstate 69. The building is 12,250 square feet. The west portion also has an overhead door for indoor storage of vehicles or equipment. Suite One is 400 W Air Park and has 3284 square feet of office area; Suite Three is 408 W Air Park and includes 7,850 of space including garage. All Suites are leased so arrangements need to be made with listing agent for inspections.

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Highlights

  • Heating Type: Other
  • Cooling: Central A/C
  • Basement: Walk-out
  • Water: City Water

Getting around

  • 10/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Muncie, IN
  • Neighborhood Airparks Industrial Center
  • Zip Code 47303
  • Market Indianapolis

Points of Interest

  • Speedway

    0.89 miles

  • Shell

    1.21 miles

  • Marathon

    1.33 miles

  • Village Pantry

    2.51 miles

  • Admiral

    3.47 miles

  • Rich

    3.49 miles

  • Shaffer Road Trailhead

    0.96 miles

  • G2 - Faculty & Staff Permit Lot

    1.61 miles

  • H7 - Residence Hall Permit Lot

    1.67 miles

  • H9 - Residence Hall Permit Lot

    1.69 miles

  • G2W - Faculty & Staff Permit Lot

    1.69 miles

  • R4 - Restricted Permit Lot

    1.73 miles

  • P2 - Visitor Metered Parking

    1.76 miles

  • P4 - Visitor Metered Parking

    1.81 miles

  • McCulloch Riverview Trailhead

    1.81 miles

  • R5 - Restricted Permit Lot

    1.82 miles

  • Best Western

    1.90 miles

  • Days Inn

    1.99 miles

  • Super 8

    2.11 miles

  • Baymont

    2.14 miles

  • Muncie Inn

    2.25 miles

  • Holiday Inn Express & Suites

    2.41 miles

  • Hilton Garden Inn

    2.42 miles

  • Comfort Inn & Suites

    2.49 miles

  • Courtyard

    2.70 miles

  • Econo Motel

    4.80 miles

  • ALDI

    0.54 miles

  • Target

    0.64 miles

  • Fresh Thyme

    0.75 miles

  • Muncie Mall

    0.88 miles

  • TJ Maxx

    0.90 miles

  • Pay Less

    0.90 miles

  • Kohl's

    1.00 miles

  • Big Lots

    1.11 miles

  • Ruler Foods

    2.73 miles

  • Walmart Supercenter

    2.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Allardt

Coldwell Banker Commercial