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5511 Coventry Ln 8,000 SF Retail Building Fort Wayne, IN 46804 $3,015,000 ($376.88/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Single Tenant Medical Office
- Fort Wayne MSA
- 10-Year NNN Lease
EXECUTIVE SUMMARY
Southtree Commercial Real Estate is proud to exclusively offer for sale a newly renovated Hopebridge Autism Therapy Center located in Fort Wayne, Indiana. Secured by a 10-year lease, this medical office asset comprises 8,000 square feet of modern clinical space on a 1.16-acre parcel, representing a rare opportunity to acquire a long-term net leased investment in one of the Midwest’s most dynamic markets.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
2005/2025
Price
$3,015,000
Price Per SF
$376.88
Cap Rate
7%
NOI
$211,003
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.17 AC
Zoning
C2 - Commercial
Parking
56 Spaces (7 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-11-23-328-001.004-075 | Improvements Assessment | $492,800 |
| Land Assessment | $229,300 | Total Assessment | $722,100 |
PROPERTY TAXES
Parcel Number
02-11-23-328-001.004-075
Land Assessment
$229,300
Improvements Assessment
$492,800
Total Assessment
$722,100
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5511 Coventry Ln
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