Map of Property

Gerber Collision Portfolio

3930 Coldwater Road, FORT WAYNE, IN 46802

  • For Sale Subject to June 5th, 2024 Auction
  • Property Type Retail - Street Retail
  • Property Size 11,524 SF
  • Lot Size 50,878 Acre
  • Year Built 1966
  • Date Updated Apr 24, 2024
FillLegacy Commercial Group, listed in conjunction with Indiana real estate Broker, David B Zacharia license RB14038419, is pleased to present the auction sale of (3) single-tenant Gerber Collision & Glass locations throughout Ft. Wayne, IN. These are long-term, proven, collision & glass locations that were acquired by Gerber in 2020. Gerber has since shown their commitment to the sites by signing early lease extensions at all three locations. These leases are identical in structure and feature limited landlord responsibilities as well as rental increases in each of the four remaining renewal options.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Below Market Auction Reserve Price | Expectations of a Double Digit Cap Rate Sale Price
  • Auction Opens June 3rd-5th 2024 | Contact Broker for Further Details
  • Commitment to All Three Sites shown by Early Lease Extensions | Expiring March 31, 2030
  • Proven Long Term Collision & Glass Locations | Strategic Positioning Throughout Ft. Wayne, IN
  • Low Rent / Low Cost of Occupancy Locations | Average Lease Rate of $4.44
  • Limited Landlord Responsibilities | 5% Increases in Each Option

Contacts

broker

Logan McAnallen, CCIM

Legacy Commercial Group

(810) 206-3504

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City FORT WAYNE, IN
  • Neighborhood Northcrest
  • Zip Code 46802
  • Market Fort Wayne

Points of Interest

  • Marathon

    0.38 miles

  • Marathon

    0.48 miles

  • Shell

    0.54 miles

  • Sunoco

    0.85 miles

  • North Anthony Gasway

    1.07 miles

  • Lassus Handy Dandy

    1.10 miles

  • Lassus Handy Dandy

    1.11 miles

  • Shell

    1.33 miles

  • BP

    1.35 miles

  • Marathon

    1.35 miles

  • Envision Church Parking

    0.74 miles

  • Lot 6

    1.10 miles

  • Lot 7

    1.17 miles

  • Lot 4

    1.26 miles

  • Lot 9

    1.28 miles

  • Lot 8

    1.33 miles

  • Lot 3

    1.34 miles

  • Lot 2

    1.37 miles

  • Parking Garage 1

    1.40 miles

  • Lot 9001

    1.47 miles

  • Granite City Food and Brewery

    0.13 miles

  • Sbarro

    0.29 miles

  • The Apple Glen Food court

    0.29 miles

  • Chick-fil-A

    0.30 miles

  • Red Robin

    0.31 miles

  • Auntie Anne's

    0.34 miles

  • Panera Bread

    0.35 miles

  • Dos Margaritas

    0.40 miles

  • Potbelly

    0.41 miles

  • Blaze Pizza

    0.41 miles

  • Target

    0.23 miles

  • JCPenney

    0.24 miles

  • Macy's

    0.25 miles

  • Glenbrook Square

    0.30 miles

  • Kroger

    0.32 miles

  • Fresh Thyme

    0.32 miles

  • Carson's

    0.34 miles

  • TJ Maxx

    0.54 miles

  • Ross

    0.58 miles

  • Aldi

    0.60 miles

Frequently Asked Questions

What is the total square footage of Gerber Collision Portfolio?

Gerber Collision Portfolio totals 11,524 square feet.

When was this property built?

Gerber Collision Portfolio was built in 1966.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Logan McAnallen, CCIM

Legacy Commercial Group

(810) 206-3504