918 Lincoln Hwy W - Freestanding FOR SALE
New Haven, IN 46774 |
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
- Dollar Tree (18% of GLA) – In-Place Since 2004 with Current Term thru May 2025
- National Tenants Comprise 84% of Occupied GLA & Contribute 89% of Effective Gross Income
- Upside via Lease-Up of One Small-Shop Vacancy (4% of GLA) with Anticipated $12/SF NNN Rent
- Additional Upside via Lease-Up of Potential 2,400 SF Rear/Storage Space (4% of GLA)
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
69550
STORIES
1
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
138
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
02-13-10-277-005.002-041,02-13-10-277-005.003-041
