Dental Office NNN
1 W Jefferson Blvd Fort Wayne, IN 46802
1 W Jefferson Blvd, Fort Wayne, IN, 46802
Contact for pricing
For Sale
Contact for pricing
Dental office property offered on a 15-year absolute NNN sale-leaseback basis.
Property Size10,465 SF
Price / SF$272.34
Days on Market144
Property Features for 1 W Jefferson Blvd
General Information
- Standard status
- Active
- Size
- 10,465 SF
- Property subtype
- Office, Retail
Listing agency
CrownPoint Partners
Listed by
Julius Swolsky · License #02074212
Source
Crexi
Added: Feb 27 Updated: Jul 21 at 6:12AM Checked: Jul 21 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CrownPoint Partners
Investment Insights
Based on property information with market context.
This dental office property is being offered as a 15-year absolute NNN sale-leaseback. The offering is structured as a dental sale-leaseback transaction, with the lease term reflected in the public remarks.
The property is located at 1 W Jefferson Blvd in Fort Wayne, Indiana, and is presented for sale under a commercial NNN framework.
At 10,465 square feet, the asset provides a dedicated dental office setting for the operating leaseback period.
The property is located at 1 W Jefferson Blvd in Fort Wayne, Indiana, and is presented for sale under a commercial NNN framework.
At 10,465 square feet, the asset provides a dedicated dental office setting for the operating leaseback period.
Key Highlights
- Dental office property offered on a 15‑year absolute NNN sale‑leaseback basis
- 15‑year sale‑leaseback structure with NNN terms
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $209.7k | $20.04 |
| − Vacancy | −$16.8k | −$1.60 |
| EGI | $192.9k | $18.44 |
| − OpEx | −$77.2k | −$7.37 |
| NOI | $115.8k | $11.06 |
10,465 SF · lease $20.04/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.65M
$1.45M – $1.93M
NOI $115,765 @ 7.0% cap · market cap 4.06%
Second Best
Office B
$1.65M
$1.44M – $1.92M
NOI $115,473 @ 7.0% cap · market cap 4.05%
Theoretical Best
Multifamily LT 5
$8.74M
$7.65M – $10.20M
NOI $611,958 @ 7.0% cap · market cap 21.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Dental office property offered on a 15-year absolute NNN sale-leaseback basis.
Where is this nnn property located?
The property is located at 1 W Jefferson Blvd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Dental office property offered on a 15‑year absolute NNN sale‑leaseback basis; 15‑year sale‑leaseback structure with NNN terms
