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111 W Wayne St - Midtowne Investment - 111 W. Main Street 9,505 SF Office/Retail Condo Unit Offered at $1,375,000 in Fort Wayne, IN 46802
Investment Highlights
- 100% Occupied Multi-Tenant Investment – Fully leased to three established tenants representing food service, healthcare, and education.
- Stable and Diverse Tenant Mix – Complementary businesses across multiple industries help support consistent occupancy.
- Prime Downtown Fort Wayne Location – Highly visible location near major employers, residential developments, shopping, and other downtown amenities.
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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 8.61% |
| Sale Type | Investment |
| Cap Rate | 8.61% |
Description
Excellent opportunity to acquire a 100% leased, multi-tenant investment property in the heart of Downtown Fort Wayne. Located at the highly visible intersection of Wayne and Calhoun Streets within Midtowne Crossing, this 9,505 SF street-level retail/office condominium is occupied by three complementary tenants: Jimmy John’s, UJIMA Therapeutic Services, and Wild Roots Nature Based Learning. The diversified tenant mix, long-term lease structure, and scheduled rental increases provide stable cash flow with built-in income growth. Offered at $1,375,000 ($144.66/SF), the property has a projected 5-year average NOI of $118,333 and average cap rate of 8.61%. Tenants benefit from a prime downtown location within walking distance of restaurants, entertainment, financial, legal, and governmental offices, along with convenient access to nearby parking and Midtowne Crossing amenities including controlled access, a fitness center, and outdoor patio areas. This offering provides investors an opportunity to acquire a fully occupied, income-producing asset in one of Fort Wayne’s most active downtown corridors.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings.
Sale Notes
Excellent opportunity to acquire a 100% leased, multi-tenant investment property in the heart of Downtown Fort Wayne. Located at the highly visible intersection of Wayne and Calhoun Streets within Midtowne Crossing, this 9,505 SF street-level retail/office condominium is occupied by three complementary tenants: Jimmy John’s, UJIMA Therapeutic Services, and Wild Roots Nature Based Learning. The diversified tenant mix, long-term lease structure, and scheduled rental increases provide stable cash flow with built-in income growth. Offered at $1,375,000 ($144.66/SF), the property has a projected 5-year average NOI of $118,333 and average cap rate of 8.61%. Tenants benefit from a prime downtown location within walking distance of restaurants, entertainment, financial, legal, and governmental offices, along with convenient access to nearby parking and Midtowne Crossing amenities including controlled access, a fitness center, and outdoor patio areas. This offering provides investors an opportunity to acquire a fully occupied, income-producing asset in one of Fort Wayne’s most active downtown corridors.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Floor 1 | 9,505 SF | Office/Retail | $1,375,000 ($144.66/SF) | $118,387.50 |
Unit Floor 1
| Unit Size |
| 9,505 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,375,000 ($144.66/SF) |
| NOI |
| $118,387.50 |
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Unit Floor 1
| Unit Size | 9,505 SF |
| Condo Use | Office/Retail |
| Price | $1,375,000 ($144.66/SF) |
| NOI | $118,387.50 |
| Sale Type | Investment |
| Cap Rate | 8.61% |
| Description | |
|
Excellent opportunity to acquire a 100% leased, multi-tenant investment property in the heart of Downtown Fort Wayne. Located at the highly visible intersection of Wayne and Calhoun Streets within Midtowne Crossing, this 9,505 SF street-level retail/office condominium is occupied by three complementary tenants: Jimmy John’s, UJIMA Therapeutic Services, and Wild Roots Nature Based Learning. The diversified tenant mix, long-term lease structure, and scheduled rental increases provide stable cash flow with built-in income growth. Offered at $1,375,000 ($144.66/SF), the property has a projected 5-year average NOI of $118,333 and average cap rate of 8.61%. Tenants benefit from a prime downtown location within walking distance of restaurants, entertainment, financial, legal, and governmental offices, along with convenient access to nearby parking and Midtowne Crossing amenities including controlled access, a fitness center, and outdoor patio areas. This offering provides investors an opportunity to acquire a fully occupied, income-producing asset in one of Fort Wayne’s most active downtown corridors. FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings. |
|
| Sale Notes | |
|
Excellent opportunity to acquire a 100% leased, multi-tenant investment property in the heart of Downtown Fort Wayne. Located at the highly visible intersection of Wayne and Calhoun Streets within Midtowne Crossing, this 9,505 SF street-level retail/office condominium is occupied by three complementary tenants: Jimmy John’s, UJIMA Therapeutic Services, and Wild Roots Nature Based Learning. The diversified tenant mix, long-term lease structure, and scheduled rental increases provide stable cash flow with built-in income growth. Offered at $1,375,000 ($144.66/SF), the property has a projected 5-year average NOI of $118,333 and average cap rate of 8.61%. Tenants benefit from a prime downtown location within walking distance of restaurants, entertainment, financial, legal, and governmental offices, along with convenient access to nearby parking and Midtowne Crossing amenities including controlled access, a fitness center, and outdoor patio areas. This offering provides investors an opportunity to acquire a fully occupied, income-producing asset in one of Fort Wayne’s most active downtown corridors. FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- 24 Hour Access
- Courtyard
- Fitness Center
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
111 W Wayne St - Midtowne Investment - 111 W. Main Street