Dupont Place Shopping Center

2868-2898 Dupont Road, Fort Wayne, Indiana 46825

  • Property Subtypes Strip Center
  • Building Size (RSF) 47,525 SF
  • Gross Building Area 47,525 SF
  • Building Name Dupont Place Shopping Center
  • Building Status Existing
  • Sale Price $6,925,000.00 Total
  • Unit Price $145.71 per SF
  • Property Use Type Vacant/Owner-UserInvestmentBusiness
  • Class of Space N/A
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 11/28/2018
  • Days on Market 3654 Days
  • Status active

Overview / Comments

HIGHLIGHTS: Value-add opportunity in a high-growth area Below market average rents Excellent tenant mix Well maintained and professionally managed Rapidly developing area of Fort Wayne Located across street from Parkview Regional Medical Center CBRE | Sturges has been appointed the exclusive agent for the sale of Dupont Place Shopping Center, a multi-tenant, two-building complex in Fort Wayne, Indiana, totaling approximately 47,525 square feet on 7.34 acres. It is a growing retail trade area, with limited retail availability. Within the immediate area (1/2 mile), there are two hospitals, the Carmike Theater, four hotels, dozens of professional and medical office buildings, as well as a wide variety of retail businesses. The Dupont Place Shopping Center offers an investor a consistent income stream with a strong tenant mix of local, regional, and National tenants. The Tenant mix is a strong combination of full service and quick-serve restaurants and general retail. Many of the tenants have been in place ever since the initial construction, and have a long history of success within the center. Dupont Place Shopping Center is well located at the intersection of Interstate 69 and Dupont Road, on an outparcel to the Dupont Hospital and Business and Medical Park. The radius around Dupont Place boasts one of Fort Wayne's highest average incomes and daytime population.

Attachments & Media

Additional Details

  • Street Address 2868-2898 Dupont Road
  • City/Municipality Fort Wayne
  • Postal Code 46825
  • State Indiana
  • Country United States
  • Nearest MSA Fort Wayne
  • County Allen
  • Submarket Type N/A
  • Tax ID/APN 02-08-06-200-009.001-072
  • Zoning SC2 - SHOPPING CENTER
  • Property Visibility Fair
  • Total Number of Buildings 2
  • Number of Stories 1
  • Year Built 2002-01-01 00:00:00

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