17,000 Sq Ft Prime Investment Warehouse with Reliable Credit Tenant
We are pleased to announce the successful sale of a prime commercial warehouse located at 2809 North Walnut Street in Muncie, Indiana. This 17,000 square foot property, including 3,000 square feet of well-appointed office space, represented a rare and highly sought-after investment opportunity in the region. Its triple-net (NNN) lease structure, combined with a creditworthy tenant, made this property particularly appealing to investors seeking stable, long-term cash flow.
The property was leased to Compass Group, a global leader in foodservice and support services. Compass Group is publicly traded on the London Stock Exchange under the symbol CPG.L, included in the FTSE 100 Index, and recognized as a Fortune Global 500 company. As the guarantor of the lease, Compass provides an exceptional level of financial security, ensuring consistent rental income and peace of mind for the property owner.
Situated in Muncie, this commercial asset is strategically located to provide convenient access to key regional transportation corridors, enhancing both operational efficiency and tenant satisfaction. The warehouse space is ideal for logistics, storage, or operational support, while the office area offers a professional environment for administrative functions. The combination of functional warehouse and office space broadens the appeal to a variety of tenants or investment buyers seeking diversification in their portfolio.
The triple-net lease structure minimized landlord responsibilities, as Compass Group handled property taxes, insurance, and maintenance. This arrangement made the investment nearly turnkey, providing immediate and reliable income without the day-to-day operational concerns that typically accompany commercial properties. Investors seeking low-risk, high-stability opportunities will find properties like this increasingly rare in the Muncie market.
From an investment perspective, the property’s size, tenant profile, and lease structure created a strong value proposition. With 17,000 square feet under roof, the warehouse is sizable enough to accommodate significant operational needs while maintaining efficiency. The office space enhances versatility, allowing for professional administrative functions and potential future expansions or adaptations.
The successful sale of 2809 North Walnut Street reflects the growing demand for high-quality, income-producing commercial properties in Muncie. Institutional-grade tenants like Compass Group continue to attract investor attention, particularly those seeking reliable NNN income streams with minimal risk exposure. This property is a clear example of a sound investment in a stable market, offering both immediate cash flow and long-term appreciation potential.
Investors interested in commercial real estate in Muncie or the surrounding region can take note of this sale as a benchmark for premium leased assets. Properties with long-term, creditworthy tenants are increasingly valuable in today’s market, providing both predictable revenue and portfolio diversification.
Congratulations to both the buyer and seller on the seamless transaction. If you own a commercial property or are considering investment opportunities in Muncie, understanding tenant quality, lease structure, and location fundamentals is critical to achieving the best outcomes.
