Log In/Sign Up
Your email has been sent.
Fort Wayne Portfolio 2 Retail Properties in Fort Wayne, IN
EXECUTIVE SUMMARY
Portfolio Opportunity
Two multi-tenant retail buildings located along the primary retail corridor in Fort Wayne, IN. The properties are situated less than one mile apart, offering strong visibility and ease of accessibility
Favorable Tenant Mix
The properties feature a complementary mix of food, user, service, and traditional retailers that are all signed to landlord favorable net-leases. The portfolio maintains a strong WALT exceeding 4.5 years
New Construction/Recent Capital Improvements
407 W. Coliseum was constructed in 2019 and features high-quality, modern construction. Meanwhile, 407 E. Coliseum underwent significant renovations in 2018, including new façade upgrades, storefronts, signage, electrical systems, patios, HVAC, and more
Attractive Assumable Debt
A buyer will have to assume the attractive CMBS loan with 6 years remaining, full term IO, and a 4.351% interest rate
Target Demographics
Situated in a well-established community, the properties draw from more than 75,523 residents with an average household income of $69,500 in the surrounding 3-mile radius.
Retail Hot Spot
Surrounded by national tenants such as; Best Buy, Kohl’s, Target, Dick’s Sporting Goods, ALDI, Fresh Thyme Market, Chick-fil-A, Olive Garden, McDonald’s, and much more
Strong Retail Throughfare
Both properties are located on Coliseum Boulevard, which experiences 47,892 VPD. Additionally, they are less than one mile from Glenbrook Square, a regional shopping destination featuring 130 stores and over 1.2 million square feet of retail and entertainment space.
Two multi-tenant retail buildings located along the primary retail corridor in Fort Wayne, IN. The properties are situated less than one mile apart, offering strong visibility and ease of accessibility
Favorable Tenant Mix
The properties feature a complementary mix of food, user, service, and traditional retailers that are all signed to landlord favorable net-leases. The portfolio maintains a strong WALT exceeding 4.5 years
New Construction/Recent Capital Improvements
407 W. Coliseum was constructed in 2019 and features high-quality, modern construction. Meanwhile, 407 E. Coliseum underwent significant renovations in 2018, including new façade upgrades, storefronts, signage, electrical systems, patios, HVAC, and more
Attractive Assumable Debt
A buyer will have to assume the attractive CMBS loan with 6 years remaining, full term IO, and a 4.351% interest rate
Target Demographics
Situated in a well-established community, the properties draw from more than 75,523 residents with an average household income of $69,500 in the surrounding 3-mile radius.
Retail Hot Spot
Surrounded by national tenants such as; Best Buy, Kohl’s, Target, Dick’s Sporting Goods, ALDI, Fresh Thyme Market, Chick-fil-A, Olive Garden, McDonald’s, and much more
Strong Retail Throughfare
Both properties are located on Coliseum Boulevard, which experiences 47,892 VPD. Additionally, they are less than one mile from Glenbrook Square, a regional shopping destination featuring 130 stores and over 1.2 million square feet of retail and entertainment space.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 27,019 SF |
| Number of Properties | 2 | Total Land Area | 2.72 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 27,019 SF |
| Total Land Area | 2.72 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Shops at 407
407 W Coliseum Blvd, Fort Wayne, IN 46805 |
Retail | 14,080 SF | 2018 | - |
| 401-407 E Coliseum Blvd, Fort Wayne, IN 46805 | Retail | 12,939 SF | 1972 | - |
1 1
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Fort Wayne Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.