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Flex-Office Facility Sale Leaseback
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12420 stonebridge road, Roanoke, IN 46783

188,989 SF flex-office facility on 33 acres near Fort Wayne.

Property Size188,989 SF
Lot Size33.00 Acres
Price / SF$132.28
Days on Market292

Property Features for 12420 stonebridge road

General Information

Standard status Active
Size 188,989 SF
Class A
Lot size 33.00 Acres
Property subtype Industrial, Office
Zoning BTI

Building Details

Year Built 2008
Listing Agency: Kwekel Companies
Listed By: Megan Snyder · License #MI
Source: Crexi
Added: Oct 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:50PM

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 Kwekel Companies

Investment Insights

Based on property information with market context.

This is an 188,989 square foot flex-office facility situated on a 33-acre site near Fort Wayne, Indiana. A new 12-month absolute NNN lease will be executed by the tenant at closing.

Key Highlights

  • 188,989 square foot flex‑office facility
  • Located on a 33 acre site
  • Sale leaseback opportunity

Property Analytics

Current Use

Vera Bradley Corporate ... Corporate Office

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46783, IN

7,521
Population
3,140
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
60.9 sq mi
ZIP Area
123
Density / Sq Mi
$98,679
Median Household Income
$54,719
Median Earnings
$861
Median Rent
$283,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 188,989 SF flex-office facility on 33 acres near Fort Wayne.
Where is this flex space located?
The property is located at 12420 stonebridge road Roanoke, IN.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 188,989 square foot flex‑office facility; Located on a 33 acre site; Sale leaseback opportunity
More about this property
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