2720 DuPont Commerce Ct - Office FOR SALE


Fort Wayne, IN 46825- North Fort Wayne
$6,200,000 USD
260-422-8474
2720 DuPont Commerce Ct, Fort Wayne, IN for Sale
$6,200,000 USD
Office - FOR SALE
1/15
null | 8.37% Cap Rate

2720 DuPont Commerce Ct
Fort Wayne, IN 46825
North Fort Wayne


HIGHLIGHTS

  • 85% leased; upside potential
  • Strategically located in established office park near hospitals, retailers and I-69/I-469
  • Stable tenant base with a WALT of 6 years
  • Professionally managed and well-maintained
  • Current NOI of $519,069 Cap Rate of 8.37%
  • Sales price: $6,200,000 ($104.05 psf)

OVERVIEW

Introducing an exceptional investment opportunity in Fort Wayne, IN. This well-maintained 59,584 SF office building, constructed in 1999, offers a prime location in the Northeast Fort Wayne area. With a current 85% occupancy, stable tenant base, and a Weighted Average Lease Term (WALT) of 6 years, the property presents significant upside potential. Strategically situated near major hospitals, retailers, and major highways, this professionally managed asset boasts a current NOI of $519,069 and a competitive Cap Rate of 8.37%. With a sales price of $6,200,000 ($104.05 psf), this property represents a prime chance to secure a profitable commercial real estate asset.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

8.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building I

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

244

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

C1

APN/PARCEL ID

02-08-06-400-005.000-072

ASK ABOUT THIS PROPERTY

Joy NeuenschwanderThe Zacher CompanyMore Info
260-422-8474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Joy NeuenschwanderThe Zacher CompanyMore Info
260-422-8474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.