904-918 Lincoln Hwy W - Freestanding FOR SALE
New Haven, IN 46774 |
904-918 Lincoln Hwy W
New Haven, IN 46774
HIGHLIGHTS
- 92% Occupied, 65,368 SF Big Lots-Anchored Community Shopping Center in Fort Wayne, IN
- Big Lots (46% of GLA) - In-Place Since 1992 with History of Renewals and Current Term thru Jan 2029; Cheap $3.75/SF NNN Rent
- Big Lots Reports Strong Sales and Healthy 6.7% Occupancy Cost Ratio
- Offered Free & Clear of Debt Allowing Prospective Purchaser to Secure New Financing According to their Investment Strategy
- 6 of 7 Tenants are National Retailers with Strong Tenancy Tenure (In-Place Since 2014 or Longer)
- Upside via Lease-Up of One Small-Shop Vacancy (4% of GLA) with Anticipated $12/SF NNN Rent
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Meadowbrook Shopping Center | Fort Wayne, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
65368
STORIES
1
YEAR BUILT
1967
SPRINKLERS
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PARKING SPACES
138
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
02-13-10-277-005.002-041,02-13-10-277-005.003-041
