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4106 Coldwater Rd
Fort Wayne, IN 46805
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Double Net (NN) Lease: Landlord is responsible only for roof and structure
- Long-Term Tenant Commitment: Goodyear has operated at this location since 1969, demonstrating over 55 years of continuous occupancy
- Strong Placer AI Data: This location ranks in the 100th percentile in the state
- Freestanding Building: 9,624 SF situated on a 0.75-acre parcel
- Recent Lease Extension: Tenant recently extended the lease for an additional 10 years
- Corporate Guarantee: Lease is backed by The Goodyear Tire & Rubber Company (NASDAQ: GT), providing added security for investors
EXECUTIVE SUMMARY
Double Net (NN) Lease: Landlord is responsible only for roof and structure
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,624 SF
Building Class
C
Year Built
1960
Price
$1,252,170
Price Per SF
$130.11
Cap Rate
5.75%
NOI
$72,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.75 AC
Parking
12 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
111’ on Coldwater Rd
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 02-07-25-101-009.000-073 | Improvements Assessment | $337,400 |
| Land Assessment | $275,300 | Total Assessment | $612,700 |
PROPERTY TAXES
Parcel Number
02-07-25-101-009.000-073
Land Assessment
$275,300
Improvements Assessment
$337,400
Total Assessment
$612,700
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