5928 Trier Road, Fort Wayne, IN, 46815 - Available for Sale

Retail For Sale

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Summit City Fitness

5928 Trier Road, Fort Wayne, IN 46815

$800,000

28,000 SF | Retail

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Retail Property For Sale

Price:
$800,000
Building Size:
28,000 SF
Price/SF:
$28.57
Property Type:
Retail
Property Sub-type:
Retail (Other)
Additional Sub-types:
Free Standing Bldg
Special Purpose (Other)
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
3%
Cap Rate:
9%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.50 AC
Listing ID
17601719
Last Updated
21 days ago

Find Out More...

Description

Investment property - Land and Building - Leaseback at a 9% Cap Rate. New 10 year NNN lease and 2 - 10 year renewal options with increases. Summit City Fitness was established in 1978 and currently has over 2500 members. Check out their Web Site.

Located at 5928 Trier Road, Fort Wayne, IN 46815.

Financial Summary

  • Actual
  • $72,000

Map of 5928 Trier Road, Fort Wayne, IN 46815 (Allen County)

Research for 5928 Trier Road, Fort Wayne, IN 46815 (Allen County)

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Presented by Coldwell Banker Commercial RWG
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Asking Price Index Trends for Fort Wayne, IN Retail For Sale

  Jul 14 vs. 3 mo.
prior
Y-O-Y
-
State
$85-0.9%-2.4%
-
Metro
$82-8.0%+2.8%
-
County
$84-11.6%-1.1%
-
City
$87-11.4%+2.3%

View Fort Wayne Market Trends for other property types for sale or lease. Learn more about the chart info.

Summit City Fitness
  • Retail
  • $800,000
  • 28,000 SF