826 Lawrence Dr | Fort Wayne, IN 46804
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826 Lawrence Dr
Fort Wayne, IN 46804
PPG Paints · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- RECENT EXTENSION – PPG Paints recently signed an early renewal which extends the lease through November 2026 and added two more 5-year options.
- E-COMMERCE PROOF BUSINESS – Paint is an e-commerce proof product and will continue to thrive through the rise of E-Commerce.
- STRATEGIC LOCATION – Centrally located in the heart of Fort Wayne, the property sits just off Illinois Road which has an average of ~35,000 vpd.
- STRONG CREDIT TENANT – Property is leased to PPG Architectural Finishes, Inc. who’s parent company, PPG Industries, has an “A-“ credit rating.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,597 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.11
Lot Size
1.55 AC
Parking
20 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
291’ on Lawrence Dr
PROPERTY TAXES
| Parcel Number | 02-12-05-351-002.000-074 | Improvements Assessment | $318,100 |
| Land Assessment | $101,300 | Total Assessment | $419,400 |
PROPERTY TAXES
Parcel Number
02-12-05-351-002.000-074
Land Assessment
$101,300
Improvements Assessment
$318,100
Total Assessment
$419,400
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