5251 Distribution Dr | Fort Wayne, IN 46825
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5251 Distribution Dr
Fort Wayne, IN 46825
Candlewood Suites Fort Wayne - NW · Hospitality Property For Sale
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46,681 SF
INVESTMENT HIGHLIGHTS
- Located in Fort Wayne’s growing NW submarket, the hotel benefits from proximity to major employers, hospitals, universities, and logistics hubs.
- Just minutes from Purdue University Fort Wayne, University of Saint Francis, and Indiana Tech, driving consistent academic and event-related demand.
- Fort Wayne submarket RevPAR increased 3.9% over 12 months, with a 143% RevPAR penetration index, highlighting strong competitive positioning.
- Available for a new 15-year license with IHG, offering brand recognition, loyalty program exposure, and long-term operational support.
- Near Steel Dynamics, Sweetwater, General Motors, Parkview Randallia, and Lutheran Hospital, supporting steady weekday and extended-stay occupancy.
- Close to Fort Wayne Children’s Zoo, Promenade Park, Parkview Field, Grand Wayne Convention Center, and Allen County War Memorial Coliseum.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2005/2025 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.56 AC | Parking Ratio | 2.1/1,000 SF |
| Building Size | 46,681 SF | Corridor | Interior |
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.56 AC |
| Building Size | 46,681 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2005/2025 |
| Tenancy | Single |
| Parking Ratio | 2.1/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 02-07-23-151-003.001-073 | Improvements Assessment | $1,806,200 |
| Land Assessment | $446,200 | Total Assessment | $2,252,400 |
PROPERTY TAXES
Parcel Number
02-07-23-151-003.001-073
Land Assessment
$446,200
Improvements Assessment
$1,806,200
Total Assessment
$2,252,400
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