7755 Southtown Xing | Fort Wayne, IN 46816
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7755 Southtown Xing
Fort Wayne, IN 46816
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- BRAND NEW 2022 CONSTRUCTION WITH DRIVE-THRU | NEW 10-YEAR NNN LEASE | MINIMAL LANDLORD RESPONSIBILITIES
- STARBUCKS (S&P BBB+) | CORPORATE GUARANTEE | FORTUNE 500 COMPANY | 33,000+ LOCATIONS | $29.06B REVENUE
- ALSO ANCHORED BY A BUSY WALMART SUPERCENTER | STRONG AND GROWING DEMOS | 101k PEOPLE IN 5-MILE RADIUS
- INCLUDES NEW 15-YEAR DURO-LAST ROOF WARRANTY | (4) 5-YEAR OPTIONS | ATTRACTIVE RENT INCREASES EVERY 5 YEARS
- FEE SIMPLE ASSET | OFFERED FREE & CLEAR | LOCATED ON BUSY U.S. ROUTE 27 (10,000+ VPD) | MENARDS OUTLOT
- LIMITED COMPETITION | NEAREST STARBUCKS IS FIVE MILES AWAY
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
2,255 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
C - Commercial
Parking
37 Spaces (16.41 Spaces per 1,000 SF Leased)
Frontage
95’ on North Southtown Crossing
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $539,200 | |
| Land Assessment | $280,500 | Total Assessment | $819,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$280,500
Improvements Assessment
$539,200
Total Assessment
$819,700
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