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2980 E Coliseum Blvd
Fort Wayne, IN 46805
2980 - 2990 E. Coliseum Blvd. · Property For Sale
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45,946 SF Total
Investment Highlights
- Absolute net lease with 5 years remaining on original lease
- Near banks, restaurants, hotels & shopping
- NOI: $660,440
- Iconic location, ponds, fountains and walking paths
- Adjacent to Purdue Fort Wayne Business School
- Sale Price: $7,750,000 ($129 psf)
Executive Summary
FOR SALE: Investment/Office Property 2980 - 2990 E. Coliseum Blvd., Fort Wayne, IN 46805 Discover an exceptional opportunity to invest in a fully leased 60,040 SF single tenant building located at an iconic address in Fort Wayne. With a triple net lease and 5 years remaining, this property presents a secure investment with a strong tenant in place. Conveniently situated near banks, restaurants, hotels, and shopping centers, this property offers more than just a prime location. Surrounding this property are serene ponds, soothing fountains, and picturesque walking paths, creating a tranquil atmosphere for tenants and visitors. Enhancing the appeal of this property is its proximity to the prestigious Purdue Fort Wayne Business School, ensuring a steady stream of potential tenants and future opportunities for growth. Generating an attractive NOI of $660,440, this property presents a compelling investment opportunity at a sale price of $6,500,000 ($108 psf), boasting a competitive cap rate of 9.4%. Don't miss your chance to own this remarkable investment/office property in Fort Wayne. Contact us today for more information and to arrange a private viewing. Disclaimer: All information deemed reliable but not guaranteed. Independent investigation recommended.
Property Facts
| Price / SF | $141.47 / SF | Number of Properties | 2 |
| Cap Rate | 10.12% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 45,946 SF |
| Status | Active | Total Land Area | 9.30 AC |
| Price / SF | $141.47 / SF |
| Cap Rate | 10.12% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 45,946 SF |
| Total Land Area | 9.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2980 E Coliseum Blvd, Fort Wayne, IN 46805 | Industrial | 23,081 SF | 1965 | - |
| 2980 E Coliseum Blvd, Fort Wayne, IN 46805 | Office | 22,865 SF | 1959 | - |
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