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Parnell Plaza Shopping Center 4504-4734 Parnell Ave 1,930 - 32,576 SF of Retail Space Available in Fort Wayne, IN 46825
Highlights
- Ample surface parking for customers and employees
- Air conditioning throughout
- ADA accessible
- Generous tenant improvement allowance for qualified tenants
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4526 | 5,032 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $60,384 /YR $5,032 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4534 | 1,930 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $23,160 /YR $1,930 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4610 | 23,000 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $230,000 /YR $19,167 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4722 | 2,614 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $31,368 /YR $2,614 /MO | Triple Net (NNN) |
4518-4734 Parnell Ave - 1st Floor - Ste 4526
- Lease rate does not include utilities, property expenses or building services
4518-4734 Parnell Ave - 1st Floor - Ste 4534
- Lease rate does not include utilities, property expenses or building services
4518-4734 Parnell Ave - 1st Floor - Ste 4610
- Lease rate does not include utilities, property expenses or building services
4518-4734 Parnell Ave - 1st Floor - Ste 4722
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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.
Select Tenants at Parnell Plaza Shopping Center
- Tenant
- Description
- US Locations
- Reach
- A Plus Computers
- Consumer Electronics
- 1
- Local
- Daa Bin Store
- -
- -
- -
- Golden Steps ABA
- -
- -
- -
- Massage Space
- Services
- -
- -
- Midwest Motion Dance
- Arts, Entertainment, and Recreation
- -
- -
- The Golf Garage
- Other Retail
- 1
- Local
| Tenant | Description | US Locations | Reach |
| A Plus Computers | Consumer Electronics | 1 | Local |
| Daa Bin Store | - | - | - |
| Golden Steps ABA | - | - | - |
| Massage Space | Services | - | - |
| Midwest Motion Dance | Arts, Entertainment, and Recreation | - | - |
| The Golf Garage | Other Retail | 1 | Local |
Property Facts
| Total Space Available | 32,576 SF | Frontage | 931’ on Parnell Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 88,452 SF |
| Parking | 507 Spaces | Total Land Area | 2.66 AC |
| Stores | 21 | Year Built | 1986 |
| Center Properties | 2 |
| Total Space Available | 32,576 SF |
| Center Type | Neighborhood Center |
| Parking | 507 Spaces |
| Stores | 21 |
| Center Properties | 2 |
| Frontage | 931’ on Parnell Ave |
| Gross Leasable Area | 88,452 SF |
| Total Land Area | 2.66 AC |
| Year Built | 1986 |
About the Property
Parnell Plaza is a well-established 88,100 SF retail shopping center built in 1986, strategically located at 4610 Parnell Avenue in Fort Wayne, Indiana. This L-shaped strip center sits at the signalized intersection of Parnell Avenue and North Clinton Street, positioned between Purdue Fort Wayne and Glenbrook Square Mall in Fort Wayne's largest retail corridor. The center offers exceptional visibility and accessibility with over 40,000 daily vehicle exposure from three major corridors: Parnell Avenue, Clinton Street, and Coliseum Boulevard. A dedicated turn lane and signalized intersection provide optimal traffic flow and customer access. Parnell Plaza features diverse tenant mix including established businesses such as Jungle Georges, Lakewood Family Dental, A Plus Computers, Golden Step ABA, The Golf Garage, Law Office Of Brian Seyfried, Iggy's Subs, and Taqueria El Ranchito. The center is surrounded by major national retailers including Kohl's, T.J. Maxx, Best Buy, and Target. Property amenities include ample surface parking for customers and employees, pylon signage opportunities, building signage, ADA accessibility, and air conditioning throughout. The center is zoned C-2 (Limited Commercial) allowing for diverse retail uses and flexibility for various tenant types. Current available spaces total 14,214 SF across four units (1,004 SF, 1,400 SF, 3,120 SF, and 10,000 SF) with flexible combinations available. The former grocery/restaurant space offers immediate occupancy with generous tenant improvement allowances for qualified tenants. Located in a strong demographic area with 6,272 residents within one mile, average household income of $61,482, and 2,904 households, Parnell Plaza provides an excellent opportunity for retailers seeking prime visibility and accessibility in Fort Wayne's premier shopping district.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
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Parnell Plaza Shopping Center | 4504-4734 Parnell Ave
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