Fully Leased Fort Wayne Investment

2980 E Coliseum Blvd, Fort Wayne, IN 46808

View on Map

For Sale

Contact for pricing

Fully leased investment property with strong tenant and attractive NOI.

Type:FLEX_R_AND_D

Property size:

60,040 SF

Lot size:

5.52 Acres

Price / SF:

$108/SF

HighLights

Fully leased 60,040 SF single tenant building with a Triple Net Lease, providing a secure investment.
Attractive Net Operating Income (NOI) of $660,440 and a competitive 10% cap rate.
Prime location on E. Coliseum Blvd., near banks, restaurants, hotels, and shopping centers.
Located near Purdue Fort Wayne Business School, offering a steady stream of potential tenants.
Sale price of $6,500,000 ($108.26 psf).
Features serene ponds, soothing fountains, and picturesque walking paths, creating a tranquil environment.

We can help!

Listing Contact

Rachel Romary

For Sale

Contact for pricing

Fully leased investment property with strong tenant and attractive NOI.

Type:FLEX_R_AND_D

Property size:

60,040 SF

Lot size:

5.52 Acres

Price / SF:

$108/SF

Added:: Nov 6, 2023
Days on Market:: 950
Last Refresh:: Apr 5 at 8:08 pm

Property Features for 2980 E Coliseum Blvd

General Information

Standard status: Active
Size: 60,040 SF
Lot size: 5.52 Acres
Property subtype: FLEX_R_AND_D

We can help!

Listing Contact

Rachel Romary

Listing agent Rachel Romary License ##RB14043846

Listing office NAI Hanning & Bean

Listing date Nov 6, 2023

Source Moodyscre

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 NAI Hanning & Bean

HighLights

Fully leased 60,040 SF single tenant building with a Triple Net Lease, providing a secure investment.
Attractive Net Operating Income (NOI) of $660,440 and a competitive 10% cap rate.
Prime location on E. Coliseum Blvd., near banks, restaurants, hotels, and shopping centers.
Located near Purdue Fort Wayne Business School, offering a steady stream of potential tenants.
Sale price of $6,500,000 ($108.26 psf).
Features serene ponds, soothing fountains, and picturesque walking paths, creating a tranquil environment.

Overview

This 60,040 square foot, single-tenant office building is located on East Coliseum Boulevard in Fort Wayne, Indiana. The property is fully leased under a triple net lease, generating a net operating income of $660,440. The property is situated near banks, restaurants, hotels, and shopping centers. The surrounding area includes ponds, fountains, and walking paths. The property is located near Purdue Fort Wayne Business School. The sale price is $6,500,000, which equates to $108.26 per square foot, with a cap rate of 10%. This property is an investment opportunity.

Property Profile Location Intelligence

Current Use by Public Records

Intellectual Technology Inc (Bike/Boat/Book/etc) Store Former GTE Office ... Corporate Office

Suggested Use

Location Insight

Map
Local Demand

City: Fort Wayne
County: Allen
State: Indiana
Longitude: -85.1033
Latitude: 41.1093

Nearby Similar for Sale

$1,188,000

Mixed-Use Motel and Apartment Property

A flexible 16-room property currently used for professional business space and apartments, with separate front and back entrances.

5634 W Jefferson Boulevard, Fort Wayne, IN 46804

View Details
$625,000

3,945 SF

Renovated Triplex with Short-Term Units

Turnkey renovated three-unit property configured for short-term stays near Fort Wayne’s major employers and destinations.

3025 N Anthony Boulevard, Fort Wayne, IN 46805-2723

View Details
$2,000,000

Aboite Township Mixed-Use Opportunity

Open concept building in medical office community with flexible layout.

7619 W Jefferson Boulevard, Fort Wayne, IN 46804

View Details
$990,000

8,325 SF

Modern Manufacturing Facility in Centennial Park

Versatile industrial flex space ideal for manufacturing and warehousing.

3209 Clearfield Court, Fort Wayne, IN 46808

View Details
$650,000

7,114 SF

Historic Landmark Ready for Renovation

Five-story mixed-use building in downtown Fort Wayne, ready for renovation.

812 S Calhoun Street, Fort Wayne, IN 46802-2302

View Details
$300,000

3,800 SF

Immaculate Church Building on Corner Lot

Well-maintained church building with finished basement and great visibility.

639 Putnam Street, Fort Wayne, IN 46808

View Details
$299,000

4,600 SF

Downtown Fort Wayne Bar Property

Bar/Restaurant property in vibrant downtown Fort Wayne, near key attractions.

1407 S Calhoun Street, Fort Wayne, IN 46802-3421

View Details
$795,000

Multi-Use Building in Fort Wayne

Versatile building suitable for various purposes, including non-profit organizations.

2100 Kentucky Avenue, Fort Wayne, IN 46805

View Details
$505,000

4,550 SF

Five-Unit Brick Apartment Building

1951 all-brick building with five 2-bedroom units and front/rear entrances near downtown Fort Wayne.

1660 SAINT JOE Boulevard, Fort Wayne, IN 46805

View Details
$789,900

2,947 SF

Mixed-Use Property Near Google Center

1.27-acre C2 zoned property with restaurant/bar and residential home.

7405/7409 Wayne Trace, Fort Wayne, IN 46816

View Details
$350,000

8,335 SF

Restaurant and Redevelopment Opportunity

8,335 SF building with restaurant and redevelopment potential.

2650 S Coliseum Boulevard, Fort Wayne, IN 46803

View Details
$534,900

4,958 SF

Fully Rented Eight-Unit Building

Income-producing eight-unit building with recent updates in Fort Wayne.

1821 E Pontiac Street, Fort Wayne, IN 46803

View Details

For sale
Office buildings
IN
Fort Wayne
46808
2980 E Coliseum Blvd

What type of property is this?

Office building - Fully leased investment property with strong tenant and attractive NOI.

Where is this office building located?

The property is located at 2980 E Coliseum Blvd Fort Wayne, IN.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Fully leased 60,040 SF single tenant building with a Triple Net Lease, providing a secure investment.; Attractive Net Operating Income (NOI) of $660,440 and a competitive 10% cap rate.; Prime location on E. Coliseum Blvd., near banks, restaurants, hotels, and shopping centers.

2980 E Coliseum Blvd, Fort Wayne, IN 46808

Fully leased investment property with strong tenant and attractive NOI.

Property Features for 2980 E Coliseum Blvd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Motel and Apartment Property

Renovated Triplex with Short-Term Units

Aboite Township Mixed-Use Opportunity

Modern Manufacturing Facility in Centennial Park

Historic Landmark Ready for Renovation

Immaculate Church Building on Corner Lot

Downtown Fort Wayne Bar Property

Multi-Use Building in Fort Wayne

Five-Unit Brick Apartment Building

Mixed-Use Property Near Google Center

Restaurant and Redevelopment Opportunity

Fully Rented Eight-Unit Building

FAQs

Create New Password