9835 Auburn Rd - Medical FOR SALE


Fort Wayne, IN 46825- North Fort Wayne
$3,500,000 USD
260-438-4464
9835 Auburn Rd, Fort Wayne, IN for Sale
$3,500,000 USD
Medical - FOR SALE
1/25
null | 7.29% Cap Rate

9835 Auburn Rd
Fort Wayne, IN 46825
North Fort Wayne


HIGHLIGHTS

  • Fully NNN Leased Medical Office Building
  • 8 Years Remaining on Lease with 3% Annual Increases
  • Fully Renovated in 2019
  • Excellent Visibility and Easy Access from I-469 and I-69
  • Two Hospitals Totaling 501 Beds within 2 Miles
  • Located in Heart of Regional Medical Community

OVERVIEW

Explore an exceptional opportunity for Office / Medical investors with this fully NNN leased property. Boasting a 10,856 SF building with a single unit, this extensively renovated space offers long-term security with 8 years remaining on the lease. Zoned NC and located near Dupont Hospital and numerous medical offices, this meticulously maintained property exemplifies stability and potential for sustained returns. With a strong tenant and 100% occupancy, this turnkey investment showcases the ideal blend of prime location and secure income, making it a standout choice for your portfolio.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

7.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auburn Road Medical Office and Birth Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

NC,Neighborhood Center

APN/PARCEL ID

02-08-06-180-002.000-072

ASK ABOUT THIS PROPERTY

Diana ParentSVN | Parke Group, LLCMore Info
260-438-4464

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Diana ParentSVN | Parke Group, LLCMore Info
260-438-4464

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