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Xfinity & First Watch | Jefferson Pointe Mall 4541 Illinois Rd 8,100 SF 100% Leased Retail Building Fort Wayne, IN 46804 $4,246,511 ($524.26/SF) 6.45% Cap Rate
Investment Highlights
- Two-tenant Center that is an Outparcel to Jefferson Pointe with 6.1 Million Visits Annually, the #1 Regional Mall in Indiana
- Excellent Demographics - Southwest Fort Wayne Ranks #5 of the Most Affluent Zip Codes in Indiana | Five-Mile Daytime Population Exceeds 179,000
- High Traffic Corridor - Excellent Visibility from Signalized Intersection of Illinois Road & Apple Glen Blvd with Combined 43,690 VPD
Executive Summary
National Credit Tenants with Corporate Guarantees - First Watch (FWRG) Operates 648+ Locations Across 32 States | Xfinity (CMCSA) Subsidiary of Comcast with an S&P Rating of A- Operates 695 Locations Across 41 States
High Traffic Corridor - Excellent Visibility from Signalized Intersection of Illinois Road & Apple Glen Blvd with 43,690 VPD| Less than 1 Mile from I-69 with 72,905 VPD
First Watch is the Fastest-Growing Full-Service Restaurant Brand in the US, Opening 64 New Locations in 2025 | First Watch Opened for Business In 2025 | ~9 Years Remaining on the Only First Watch Location in the Fort Wayne Market
Located in Dense Retail Corridor - Near Target, Von Maur, Trader Joe's Grocery, Walmart, Marshall's, Lowe's, Kohl's, Best Buy, Aldi, Hobby Lobby, Menards, Sierra, Meijer & Others
100% Occupied Center with Corporately Guaranteed Leases | NNN Leases Each with Two, Five Year Options with Management Fees
Excellent Demographics - Southwest Fort Wayne Ranks #5 of the Most Affluent Zip Codes in Indiana | Five-Mile Daytime Population Exceeds 179,000
Fort Wayne Is Indiana’s Second-largest City With 265k Residents In The City And 454k In The Metro Area, With Steady Population Growth
Property Facts
Major Tenants Click Here to Access
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- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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First Watch began in 1983 in Pacific Grove, California, and later established its headquarters in Florida as the concept grew into a full-service daytime dining brand. The company serves made-to-order breakfast, brunch, and lunch with a menu built around fresh ingredients, seasonal specialties, and house-made preparations. First Watch maintains a significant presence across the United States and continues to operate as a restaurant business centered on morning and midday dining.
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- Information
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Xfinity began as Comcast's consumer brand for cable, internet, voice, and wireless services, and the brand was introduced in 2010. The company offers broadband internet, Wi-Fi, mobile service, TV and streaming products, home phone, and home security through its residential lineup. Comcast places Xfinity within its Connectivity & Platforms business, which delivers broadband, mobile, and entertainment services alongside Comcast Business and Sky. Xfinity supports customers with online account help, service plans, and product education.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Information | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-12-08-201-001.002-074 | Improvements Assessment | $627,500 |
| Land Assessment | $912,300 | Total Assessment | $1,539,800 |
Property Taxes
