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Wells Street Standalone Building 1530 Wells St 2,644 SF of Retail Space Available in Fort Wayne, IN 46808
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,644 SF | 2-5 Years | $13.50 /SF/YR $1.13 /SF/MO $35,694 /YR $2,975 /MO | Triple Net (NNN) |
1st Floor
Retail space available for lease on Wells Street. This 2,644 SF building at the corner of 5th Street and Wells Street has large windows on the front side of the building that allow a large amount of natural light to enter the space. The building also has 14 on-site parking spaces that are exclusively dedicated to the property. The Wells Street Corridor is one of Fort Wayne’s most vibrant and eclectic neighborhoods, known for its mix of local businesses, residential spaces, industrial zones, and artistic flair. The area is home to beloved establishments such as G.I. Joe’s Army Surplus, Honey Plant, Don Chava’s, Hyde Brother Booksellers, and Ophelia’s, and it continues to attract new energy and investment. Located just minutes from downtown, the corridor benefits from a diverse demographic, high visibility, and a daily traffic count exceeding 15,000 vehicles per day. It is also near University of Saint Francis, Fort Wayne Zoo, and Promenade Park.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 14 uncovered parking spaces
- Large windows on the front of the building
- Basement for storage not included in lease rate
- Street parking available
- 2,644 SF
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,644 SF | Gross Leasable Area | 2,644 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Storefront | Parking Ratio | 7.56/1,000 SF |
| Total Space Available | 2,644 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,644 SF |
| Year Built | 1965 |
| Parking Ratio | 7.56/1,000 SF |
About the Property
Retail space available for lease on Wells Street. This 2,644 SF building at the corner of 5th Street and Wells Street has large windows on the front side of the building that allow a large amount of natural light to enter the space. The building also has 14 on-site parking spaces that are exclusively dedicated to the property. The Wells Street Corridor is one of Fort Wayne’s most vibrant and eclectic neighborhoods, known for its mix of local businesses, residential spaces, industrial zones, and artistic flair. The area is home to beloved establishments such as G.I. Joe’s Army Surplus, Honey Plant, Don Chava’s, Hyde Brother Booksellers, and Ophelia’s, and it continues to attract new energy and investment. Located just minutes from downtown, the corridor benefits from a diverse demographic, high visibility, and a daily traffic count exceeding 15,000 vehicles per day. It is also near University of Saint Francis, Fort Wayne Zoo, and Promenade Park.
- Air Conditioning
Nearby Major Retailers
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Wells Street Standalone Building | 1530 Wells St
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