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1721 Magnavox Way Fort Wayne, IN 46804

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For Sale
$11,000,000

20,000 SF surgery center with 15-year leaseback opportunity.

Property size:
20,000 SF
Lot size:
2.37 Acres

Property Features for 1721 Magnavox Way

General Information

Size
20,000 SF
Lot size
2.37 Acres

Source: Alo Property Group Agent Matt Carroll

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fort Wayne Surgery Center Investment

This approximately 20,000 square foot independent Surgery Center is fully occupied by Surgery Center of Fort Wayne, specializing in spine, total joint, and pain procedures. The property is specifically designed and equipped for orthopedic surgery, including preoperative areas, full-service operating rooms, post-surgery recovery areas, and medical office suites. It features extensive on-site equipment, including MRI suites and CT scanners. Located in a commercial park on the southwest side of Fort Wayne, the property benefits from strong demographics and high traffic counts. It is in close proximity to Apple Glen, Jefferson Pointe, and Orchard Crossing shopping centers and is roughly half a mile from the I-69 exit. The property is also near Lutheran Hospital and the VA Northern Indiana Health Care System. This opportunity offers optimal return potential with a 15-year leaseback upon completion of the sale, making it a strategic acquisition for investors seeking a recession-resistant asset with a long-term stabilized NOI.
Insight Report Location Intelligence

Current Use by Public Records

Breanna Haglund Doctor Kara Hoover Nurse Practitioner Dr. Anthony Feher Orthopedic Surgeon Dr. Daniel Roth Sports Medicine Physician Zachary Weaver General Practitioner

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
County
Allen
State
Indiana
Longitude
-85.2217054
Latitude
41.0692911

FAQs

What type of property is this?
Medical center - 20,000 SF surgery center with 15-year leaseback opportunity.
Where is this medical center located?
The property is located at 1721 Magnavox Way Fort Wayne, IN.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: - 15-year leaseback, providing long-term stabilized Net Operating Income (NOI).; - Fully occupied by Surgery Center of Fort Wayne, specializing in spine, total joint, and pain procedures.; - Specifically designed and equipped for orthopedic surgery, including preoperative areas, operating rooms, recovery areas, and medical office suites.
More about this property
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