1150 Kilgore Ave, Muncie, IN 47305
71,541 SF | Vacant | Office Building | Online Auction Sale | Muncie, IN 47305
- Property Type
-
Office
- Square Feet
- 71,541 SF
Listing Contacts
Kevin Gillihan
Jameson Kuykendall
Property Overview
Well-maintained 71,541-square-foot office building situated over 6.86 acres with ample surface parking accommodating 239 vehicles just outside of Downtown Muncie, Indiana. Originally built in 1965 and remodeled in 1995, 1150 W Kilgore Avenue boasts an open concept build-out with several private offices ideal for a headquarters opportunity. This single-story property will be delivered vacant and currently serves a software engineering company with a data center with Liebert units and a raised floor. The building is equipped with a generator, a UPS system, an on-site fitness center, a spacious kitchenette, and is fully sprinkled. There is a fenced-in truck well, two dock doors, 4,000 square feet of storage, and a freight elevator.
Located in East Central Indiana, 1150 W Kilgore Avenue is desirably positioned within the Indianapolis-Carmel-Muncie Metropolitan Statistical Area. The growing area benefits from its numerous amenities, making it easy for businesses and their employees to appreciate the convenience both at home and in the office. Renowned retailers and eateries surround the property within a 3-mile radius, including Walmart Supercenter, Target, Aldi, Lowe’s, O’Reilly Auto Parts, Dollar General, CVS, Dollar Tree, Starbucks, Chick-fil-A, Wendy’s, Subway, and many more.
1150 W Kilgore Avenue is primely sited within the Muncie/Delaware County office submarket, which has seen zero supply side pressures over the past three years while simultaneously seeing a 9.7% rental increase. This property could serve an owner/user seeking to build a business at an exceptionally established location or an investor seeking to reap great benefits from leasing the space at rising office rents to a blooming corporation.
Property tours are available by appointment only. Please contact the broker to schedule
Located in East Central Indiana, 1150 W Kilgore Avenue is desirably positioned within the Indianapolis-Carmel-Muncie Metropolitan Statistical Area. The growing area benefits from its numerous amenities, making it easy for businesses and their employees to appreciate the convenience both at home and in the office. Renowned retailers and eateries surround the property within a 3-mile radius, including Walmart Supercenter, Target, Aldi, Lowe’s, O’Reilly Auto Parts, Dollar General, CVS, Dollar Tree, Starbucks, Chick-fil-A, Wendy’s, Subway, and many more.
1150 W Kilgore Avenue is primely sited within the Muncie/Delaware County office submarket, which has seen zero supply side pressures over the past three years while simultaneously seeing a 9.7% rental increase. This property could serve an owner/user seeking to build a business at an exceptionally established location or an investor seeking to reap great benefits from leasing the space at rising office rents to a blooming corporation.
Property tours are available by appointment only. Please contact the broker to schedule
Property Details
- Class
- B
- Year Built/Renovated
- 1965/1995
- Stories
- 1
- Lot Size (sq. ft)
- 298,822 SF
Highlights
- Exceptionally maintained single-story, 71,541-SF office building with two dock doors, a freight elevator, and ample parking in Muncie, Indiana.
- Beneficially positioned along major thoroughfare Kilgore Avenue/State Route 32 just outside of downtown encompassed by renowned amenities.
- Primed for an owner/user to take advantage of a sought-after headquarters opportunity or an investor to add value through a single-tenant lease-up.
- Optimal open concept layout with numerous private offices, multiple conference facilities, an on-site fitness center, and a building generator.
- Surrounded by popular conveniences, including national retailers Target, Walmart Supercenter, Lowe’s, Aldi, Starbucks, CVS, Dollar Tree, and more.
All available spaces
- Space
- 1st Floor
- Size
- 71,451 SF
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