Flagship Retail Investment
Retail-Commercial
for Sale
| Catylist Listing ID: |
30563577 |
| Property Subtypes: |
Restaurant, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
7,650 SF
|
| Sale Price: |
$1,575,000 |
| Unit Price: |
$205.88 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Building Name: |
Wild Crab Cajun Seafood and Bar |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/31/2023 |
Overview / Comments
• Flagship retail in ideal zip code is available for sale and lease!
• Recent improvement build-out completed in 2014.
• High daily foot traffic and vehicle counts being located with Covington Plaza
• Ideal location along the W Jefferson Blvd retail corridor with clear street visibility
• High end demographics with 83,841 people within a 5 mile radius
|
Current Tenants
| Tenant Business Name |
Wild Crab Cajun Seafood and Bar |
Additional Details
| Nearest MSA: |
Fort Wayne |
| County: |
Allen |
| Tax ID/APN: |
02-12-18-127-002.000-074 |
| Zoning: |
C-2 |
| Property Located Between: |
W Jefferson Blvd (US 24) and Covington Rd |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
W Jefferson Blvd (US 24) |
| Traffic/Vehicle Count: |
41 |
| Area Description: |
Located at Covington Plaza (Building A) next to Goodwill and adjacent Covington Plaza with in the heart of the W Jefferson Blvd retail corridor |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Year Built: |
1969 |
| Year Renovated: |
2014 |
| Parking Type: |
Structure |
| Parking Description: |
51 spaces with access to shared parking of an additional 56 spaces |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,261 |
45,167 |
114,728 |
| Median Age: |
38.64 |
37.99 |
35.76 |
| Households: |
3,081 |
18,697 |
46,504 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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