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6721 Old Trail Rd 12,310 SF 100% Leased Office Building Fort Wayne, IN 46809 $1,800,000 ($146.22/SF) 6.44% Cap Rate
Investment Highlights
- Fully leased multi-tenant investment opportunity
- Commercial (C3) zoning
- Tenants: DaVita Dialysis (6,562 SF) & Mount Calvary Church (5,196 SF)
- Multiple access points to site
- Abundance of parking available
- Sale Price: $1,800,000
Executive Summary
Introducing an exceptional investment opportunity in Fort Wayne, IN. This 12,310 SF property, featuring 2 units, presents a fully leased multi-tenant space boasting a prime commercial location. Renovated in 2007 and zoned C3/General Commercial, this property offers an abundance of parking and multiple access points, ensuring convenience for tenants and visitors. Currently housing reputable tenants such as DaVita Dialysis and Mount Calvary Church, this turnkey investment opportunity offers stability and potential for continued growth. With a sale price of $1,800,000, this property is an attractive prospect for discerning investors seeking a reliable commercial real estate asset.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,310 SF
Building Class
B
Year Built/Renovated
1960/2007
Price
$1,800,000
Price Per SF
$146.22
Cap Rate
6.44%
NOI
$116,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,310 SF
Building FAR
0.21
Lot Size
1.34 AC
Zoning
C3/General Commercial
Parking
80 Spaces (6.5 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
- -
DaVita traces its roots to a kidney care business founded in 1992 and later known as Total Renal Care before adopting the DaVita name in 2000. DaVita now focuses on dialysis services, kidney health education, and support for people living with chronic kidney disease and end-stage kidney disease. DaVita also operates business lines in integrated kidney care, clinical research, physician solutions, and venture investing, reflecting a broader platform built around kidney care and related health services. The company serves patients through a wide U.S. network and also maintains an international presence outside the United States.
- Mount Calvary Church
- Services
- -
- $9.00
- Triple Net
- Oct 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | - | - | - | |
| Mount Calvary Church | Services | - | $9.00 | Triple Net | Oct 2027 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-12-28-434-001.000-074 | Improvements Assessment | $1,029,800 |
| Land Assessment | $204,300 | Total Assessment | $1,234,100 |
Property Taxes
Parcel Number
02-12-28-434-001.000-074
Land Assessment
$204,300
Improvements Assessment
$1,029,800
Total Assessment
$1,234,100
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