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2980 E Coliseum Blvd Fort Wayne, IN 46808

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For Sale
$6,500,000

Fully leased investment property with strong tenant and attractive NOI.

Property size:
60,040 SF
Lot size:
5.52 Acres

Property Features for 2980 E Coliseum Blvd

General Information

Size
60,040 SF
Lot size
5.52 Acres

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Listing Contact
Fletcher Moppert
Source: Moodyscre

Listing Agency: The Zacher Company Listing Agent: Fletcher Moppert

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

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Overview

Fully Leased Fort Wayne Investment

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.
Location Intelligence

Current Use by Public Records

Intellectual Technology Inc Software Company Former GTE Office ... Corporate Office

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
County
Allen
State
Indiana
Longitude
-85.1032787
Latitude
41.1092954

FAQs

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.
More about this property
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