Catylist ID:
#30843675
| Catylist Listing ID: | 30843675 |
| Property Subtypes: | Street Retail |
| Building Size (RSF): | 59,979 SF |
| Gross Land Area: | 4 Acres |
| Sale Price: | $5,300,000 |
| Unit Price: | $88.36 PSF |
| Property Use Type: | Investment |
| Building Name: | Jefferson Crossing |
| Usable Size (USF): | 900 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/23/2023 |
Overview / Comments
|
3 Million dollars in recent updates to the property Lots of foot tra?c due to the mix of anchor tenants High-tra?c area in a?uent southwest Fort Wayne 700 feet of frontage on W. Je?erson Blvd. 12 new rooftop units installed in 2019 Complete roof tear-o? in 2018 Parking lot repaved in 2018 Average household income is over $75,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Fort Wayne |
| County: | Allen |
| Tax ID/APN: | 021218129002000076 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | General, Family, Business, Recreation |
| Property Located Between: | Getz Rd |
| Property Visibility: | Good |
| Largest Nearby Street: | W. Jefferson Blvd. |
| Feet of Frontage: | 700 |
| Traffic/Vehicle Count: | 33,458 |
| Highway Access: | US 24 |
| Area Description: | Desired southwest location |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 1977 |
| Year Renovated: | 2016 |
| Construction/Siding: | Block |
| Parking Type: | Surface |
| Parking Description: | Common |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,261 | 45,167 | 119,668 |
| Median Age: | 38.64 | 37.99 | 35.58 |
| Households: | 3,081 | 18,697 | 48,400 |
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