1020 E Dupont Rd | Fort Wayne, IN 46825
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- LoopNet Team
1020 E Dupont Rd
Fort Wayne, IN 46825
Dupont Office Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Dupont Office Building is located in the 2nd most populous city in Indiana.
- BK & Co. and Everyday Counseling have signed brand-new lease in 2020.
- Consistent cap rate and cash-on-cash growth. Year 5 cap rate and cash-on-cash return are 8.47% and 13.27%, respectively.
- BK & Co., the largest tenant, is on a triple-net lease which provides 70.12% pro-rate share of expense recapture.
- Significant capital expenditures have been completed over the last few years and currently all HVAC units are being replaced.
- Located less than two miles from Parkview Hospital and Dupont Hospital.
PROPERTY FACTS
Property Type
Office
Building Size
7,631 SF
Building Class
B
Year Built
1993
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,631 SF
Building FAR
0.14
Lot Size
1.23 AC
Zoning
NC-Neighborhood Center - Neighborhood Center
Parking
38 Spaces (4.98 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 02-07-01-201-003.000-073 | Improvements Assessment | $367,900 |
| Land Assessment | $316,500 | Total Assessment | $684,400 |
PROPERTY TAXES
Parcel Number
02-07-01-201-003.000-073
Land Assessment
$316,500
Improvements Assessment
$367,900
Total Assessment
$684,400
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