6235 Lima Rd - Freestanding FOR SALE


Fort Wayne, IN 46818- North Fort Wayne
$11,000,000 USD
248-702-0296
6235 Lima Rd, Fort Wayne, IN for Sale
$11,000,000 USD
Freestanding - FOR SALE
1/5
null | 5.24% Cap Rate

6235 Lima Rd
Fort Wayne, IN 46818
North Fort Wayne


HIGHLIGHTS

  • Nearby Retailers Include: The Home Depot, Meijer, Lowe’s, Starbucks, Burger King, Panda Express, Chipotle Mexican Grill, and many more.
  • Traffic counts range from 16,000 VPD on nearby Washington Center Road, 50,000 VPD on IN SR-3 and 70,000 VPD on I-69.

OVERVIEW

Rare Fee-Simple (Not Ground Lease) - Single Tenant Location NNN Lease With Zero Landlord Responsibilities. Long Term History at Location - Three Years of Term Remaining With Nine Options Available to Extend - Each Five Year Option Includes a 5% Increase. Busy Retail Corridor Off I-69 and SR-3 Interchange, Just Four Miles North of Downtown Fort Wayne - Extremely Low Vacancy Rate in the Market - Interchange. Location Surrounded by Hotels Great Retail Demographics with an Area Population of Over 135,900 and a Daytime Population of over 183,000 within a 5-Mile Radius.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

5.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home Depot - Fee Simple

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

442

LAND DETAILS

LAND ACRES

10.85 AC

LAND SF

472,626 SF

ZONING

-

APN/PARCEL ID

02-07-15-451-001.000-073

ASK ABOUT THIS PROPERTY

Marcel SarkisianEncore Real Estate Investment ServicesMore Info
248-702-0296

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Marcel SarkisianEncore Real Estate Investment ServicesMore Info
248-702-0296

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