Jefferson Crossing

Retail-Commercial for Sale
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

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 021218129002000076
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

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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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