Prime Office Portfolio Investment

Office for Sale
Catylist Listing ID: 30819611
Property Subtypes: Business Park, Office Building
Building Size (RSF): 8,544 SF
Gross Land Area: 2.51 Acres
Sale Price: $1,600,000
Unit Price: $187.27 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2022

Overview / Comments

Located in a highly desirable area of Northwest Fort Wayne, this portfolio of two buildings on 2.51 scenic acres is any investors dream. Backing up to the Parkview YMCA, the campus is scenic and park-like with abundant mature trees and landscaping. The Dupont Road corridor offers direct access to high-end housing additions, top grocery and
shopping, and restaurants.

Prime 100% occupied, two building, office investment for sale

Built in 2009, both buildings underwent a complete interior remodel in 2020

Highly desirable office location adjacent to Parkview YMCA, the Pufferbelly nature trail, access to SR 3 and I-69 via Dupont Road, and near the Coldwater and Lima Road shopping corridors

Tenancy includes reputable tenants on NNN lease terms

(Contact broker for Offering Memorandum)

Current Tenants

Tenant Business Name 4EOS
Tenant Business Name Grunder Law Office

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Taxing Authority: Allen County
Tax ID/APN: 020702203001001073
Zoning: C-1 (GENERAL OFFICE)
Property Located Between: Dupont Rd & W Till Rd
Property Visibility: Excellent
Highway Access: I-69 via Dupont Road or Coldwater Road
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 2009
Year Renovated: 2020
Parking Type: Surface
Parking Description: Large surface parking field with 46 shared spaces and ADA designated spots
Total Parking Spaces: 46
Zoning Description: General Office
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,388 50,423 110,237
Median Age: 37.6 37.05 35.88
Households: 3,022 19,376 43,641

Contact

Photograph of Listing Agent

Dennis Callison

ICREX Member
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