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Sycamore Pointe Office Park 2 Properties Offered at $2,495,000 in Fort Wayne, IN
Executive Summary
Sycamore Pointe is a stabilized, income-producing Class A office park comprising two buildings on a 1.68-acre parcel near the Illinois Road / Scott Road intersection. Building 2 (2016) contains five professional suites totaling 12,060 SF, while Building 1 (2005) is occupied by Premiere Dance Company across 6,171 SF. The property is 100% occupied, with tenants that have maintained occupancy ranging from 6 to 18 years. The improvements are in excellent overall condition and include abundant surface parking, mature landscaping, and strong street identity.
For the complete Offering Memorandum with financials, please contact brokers.
For the complete Offering Memorandum with financials, please contact brokers.
Property Facts
| Price | $2,495,000 | Number of Properties | 2 |
| Price / SF | $136.85 / SF | Individually For Sale | 0 |
| Cap Rate | 8.70% | Total Building Size | 18,231 SF |
| Sale Type | Investment | Total Land Area | 2.85 AC |
| Status | Active |
| Price | $2,495,000 |
| Price / SF | $136.85 / SF |
| Cap Rate | 8.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,231 SF |
| Total Land Area | 2.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 2
402-404 S Scott Rd, Fort Wayne, IN 46814 |
Flex | 6,171 SF | 2005 | - |
| 406-416 S Scott Rd, Fort Wayne, IN 46814 | Office | 12,060 SF | 2017 | - |
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Sycamore Pointe Office Park
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