6028-6128 Stellhorn Rd | Fort Wayne, IN 46815
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6028-6128 Stellhorn Rd
Fort Wayne, IN 46815
Maplewood Plaza - Value Add 11.92% Return · Retail Property For Sale
Investment Highlights
- Huge upside potential value-add neighborhood center anchored by national, “essential” and publicly traded tenant BIG LOTS (NYSE: BIG)
- Located in second largest city in the state of Indiana
- Located in high traffic dense retail corridor with major retailers such as Target, Big Lots, Dollar Tree, Planet Fitness, Walgreens
- 100% collection from existing tenants - Attractive financing available, providing double digit return by 2023 or sooner
- Purdue University and Ivy Tech Community College less than 2 miles away – Combined 15,000 + college students
- Other Retailers in the area include: Advanced Auto Parts, Chase Bank, Verizon, McDonald’s, Arby’s, KFC, Taco Bell, Burger King, Pizza Hut, Rally’s
Property Facts
Property Type
Retail
Building Size
115,776 SF
Building Class
C
Year Built/Renovated
1969/2016
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Lot Size
11.90 AC
Parking
475 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
560’ on Stellhorn Rd
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 02-08-28-226-002.000-072 | Improvements Assessment | $1,178,700 |
| Land Assessment | $837,300 | Total Assessment | $2,016,000 |
Property Taxes
Parcel Number
02-08-28-226-002.000-072
Land Assessment
$837,300
Improvements Assessment
$1,178,700
Total Assessment
$2,016,000
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