Log In/Sign Up
Your email has been sent.
INVESTMENT - 1010 Production Road 1010 Production Rd 302,819 SF 100% Leased Office Building Fort Wayne, IN 46808 $27,000,000 ($89.16/SF) 9% Cap Rate
Investment Highlights
- Fully Leased
- Leased to Two Industry Leading, Strong Credit Tenants - Raytheon and Parkview Health System
- Long-Term Leases in Place
Executive Summary
1010 Production Road is a 302,819 SF Class A office and technology campus that is 100% leased to Raytheon and Parkview Health System, both on long-term NNN leases through June 2033. The property includes three connected buildings on 21.57 acres with secure infrastructure, updated interiors, and ample parking. Raytheon operates defense-related engineering programs on-site, while Parkview occupies administrative and support space. The asset offers steady income backed by established tenants with annual rent growth. Located in Fort Wayne, the property benefits from a strong regional labor market and growing business community. A full investment package is available with a signed Confidentiality Agreement.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
302,819 SF
Building Class
B
Year Built
1981
Price
$27,000,000
Price Per SF
$89.16
Cap Rate
9%
NOI
$2,430,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
100,940 SF
Building FAR
0.32
Lot Size
21.57 AC
Zoning
C4 - Intensive Commercial
Parking
950 Spaces (3.14 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Security System
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 02-07-22-427-006.000-073 | Improvements Assessment | $8,640,000 |
| Land Assessment | $855,800 | Total Assessment | $9,495,800 |
Property Taxes
Parcel Number
02-07-22-427-006.000-073
Land Assessment
$855,800
Improvements Assessment
$8,640,000
Total Assessment
$9,495,800
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
INVESTMENT - 1010 Production Road | 1010 Production Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.