For Sale $990,000
Property Type Retail - Restaurant
Property Size 2,981 SF
Lot Size 0.65 Acre
Property Tenancy Single Tenant
Year Built 1975
Year Renovated 2024
Date Updated Apr 23, 2024

•Located along high-traffic count streets with high visibility •Minutes away from I-69 and within 5 miles of Downtown Fort Wayne •Neighbors fast-food restaurants such as McDonalds, Dunkin' Donuts, Taco Bell, and Pizza Hut, and sits within the same plaza as Piere's Entertainment Center and Summit City Comedy Club • Over 7 years left on current lease with rental increase of 10% during term • Pro Forma Cap will be 8% in a little over 2 years•Located along high-traffic count streets with high visibility •Minutes away from I-69 and within 5 miles of Downtown Fort Wayne •Neighbors fast-food restaurants such as McDonalds, Dunkin' Donuts, Taco Bell, and Pizza Hut, and sits within the same plaza as Piere's Entertainment Center and Summit City Comedy Club • Over 7 years left on current lease with rental increase of 10% during term • Pro Forma Cap will be 8% in a little over 2 years

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Contacts

Tyler Binkley

Acadia Commercial Real Estate

(260) 414-0617

Location

Getting Around

Walk Score ®
62/100 Somewhat Walkable
Transit Score ®
36/100 Some Transit
Bike Score ®
50/100 Bikeable

Map
Street

City Fort Wayne, IN
Neighborhood Cantebury Green
Zip Code 46825
Market Fort Wayne

Points of Interest

BP

0.13 miles
Marathon

0.20 miles
Speedway

0.99 miles
Marathon

1.04 miles
Marathon Gas

1.69 miles
Shell

1.70 miles
Marathon

1.75 miles
Lassus Handy Dandy

1.75 miles
Marathon

1.79 miles
Kroger

1.84 miles

Lot 15

0.88 miles
Parking Garage 3

0.90 miles
Lot 12

0.92 miles
Lot 13

0.95 miles
Lot 11

1.00 miles
Parking Garage 2

1.10 miles
Lot 8

1.24 miles
Parking Garage 1

1.25 miles
Lot 9001

1.27 miles
Lot 7

1.28 miles

Cosmos Restaurant

0.00 miles
Taco Bell

0.03 miles
Pizza Hut

0.03 miles
McDonald's

0.04 miles
Dunkin' Donuts

0.06 miles
DQ Grill & Chill

0.09 miles
Subway

0.09 miles
Halal Eats

0.11 miles
New Hong Kong Restaurant

0.12 miles
Guacamole's Mexican Restaurant

0.13 miles

Shoppes of Coventry

0.12 miles
Kohl's

1.65 miles
TJ Maxx

1.81 miles
Aldi

1.95 miles
Walmart Supercenter

1.98 miles
Fresh Thyme

2.05 miles
Target

2.08 miles
Big Lots

2.18 miles
Macy's

2.23 miles
Glenbrook Square

2.32 miles

Frequently Asked Questions

What is the lease rate for Single Tenant, NNN, Investment Property?

Rental asking rate at Single Tenant, NNN, Investment Property is $495,000.00/YR.

What is the total square footage of Single Tenant, NNN, Investment Property?

Single Tenant, NNN, Investment Property totals 2,981 square feet.

When was this property built?

Single Tenant, NNN, Investment Property was built in 1975.

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