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Bremer Investment 2205 Bremer Rd 25,000 SF Industrial Building Fort Wayne, IN 46803 $2,952,171 ($118.09/SF) 7% Cap Rate
Executive Summary
This offering presents a 25,325 SF industrial investment property that is 100% leased, providing stable and predictable cash flow. Offered at a 7.0% cap rate, the asset is supported by an in-place tenant with a lease term extending through 2028 and two one-year renewal options, offering both income stability and future upside.
Constructed in 2006 and situated on 1.98 acres, the building features a functional and efficient layout with a 30’ clear ceiling height, multiple dock/delivery doors, and an overhead door to accommodate a variety of industrial uses. The property is equipped with 200 Amp, 3-phase power, supporting operational flexibility for the current tenant and future users. New air conditioning is being installed throughout the building.
Constructed in 2006 and situated on 1.98 acres, the building features a functional and efficient layout with a 30’ clear ceiling height, multiple dock/delivery doors, and an overhead door to accommodate a variety of industrial uses. The property is equipped with 200 Amp, 3-phase power, supporting operational flexibility for the current tenant and future users. New air conditioning is being installed throughout the building.
Property Facts
| Price | $2,952,171 | Rentable Building Area | 25,000 SF |
| Price Per SF | $118.09 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2006 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.04/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 28’ |
| Building Class | B | No. Dock-High Doors/Loading | 5 |
| Lot Size | 1.98 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-1 - Industrial Warehouse | ||
| Price | $2,952,171 |
| Price Per SF | $118.09 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.98 AC |
| Rentable Building Area | 25,000 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| Parking Ratio | 1.04/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-1 - Industrial Warehouse |
Amenities
- Fenced Lot
- Mezzanine
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-13-09-302-008.001-041 | Improvements Assessment | $1,142,200 |
| Land Assessment | $37,700 | Total Assessment | $1,179,900 |
Property Taxes
Parcel Number
02-13-09-302-008.001-041
Land Assessment
$37,700
Improvements Assessment
$1,142,200
Total Assessment
$1,179,900
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Bremer Investment | 2205 Bremer Rd
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