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    Two-Tenant NNN Retail Outparcel Title is generated by Realmo AI

    4145-4545 Illinois Rd, Fort Wayne, IN 46804

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    For Sale
    $4,300,000

    Two-tenant, 100% occupied NNN center with corporate guarantees and exposure to a signalized intersection.

    Type:Shopping Strip
    Property size:
    8,100 SF
    Price / SF:
    $530/SF
    Added:
    Jun 16, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 5:44 am

    Property Features for 4145-4545 Illinois Rd

    General Information

    Standard status
    Active
    Size
    8,100 SF
    Property subtype
    Shopping Strip

    Building Details

    Year Built
    2001

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    Madison K. Harman

    Listing office

    Listing date Jun 16, 2026

    Source Marcusmillichap

    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 Madison K. Harman

    HighLights

    • Two‑tenant retail center built in 2001 with 100% occupancy
    • NNN leases with corporate guarantees and three separate 2 five‑year options (management fees apply)
    • High‑traffic exposure at the signalized intersection of Illinois Rd & Apple Glen Blvd with 43,690 vehicles per day
    • Less than 1 mile from I‑69 with 72,905 vehicles per day
    • Tenants include First Watch (FWRG) and Xfinity (CMCSA) subsidiary of Comcast
    • First Watch opened in 2025 with approximately nine years remaining on the only First Watch location in the Fort Wayne market

    Overview

    The property is a two-tenant retail center configured as an outparcel to both Jefferson Pointe and Apple Glen Crossing. It is 100% occupied with corporately guaranteed leases structured as triple net arrangements. Each lease includes two, five-year options with management fees. The center’s tenant lineup includes First Watch (FWRG), which opened for business in 2025, and Xfinity, a Comcast subsidiary. The offering is presented as NNN, with the leases supported by corporate guarantees.

    The center benefits from prominent exposure along a high-traffic corridor with excellent visibility from a signalized intersection of Illinois Road and Apple Glen Blvd. The remarks cite 43,690 vehicles per day at the intersection and note the site is less than one mile from I-69, with 72,905 vehicles per day. The property is located in a dense retail corridor near multiple major retailers and shopping destinations listed in the remarks.

    This format can fit buyers seeking a stabilized, single-center asset with two tenants and long-term lease continuations via the included five-year options. For operators and tenants evaluating a presence in a heavily retail-oriented area, the center offers direct access to one of Fort Wayne’s main commercial corridors, backed by established national brands with the corporate guarantee support described in the offering materials.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1946935
    Latitude
    41.0741211

    FAQs

    What type of property is this?
    Strip mall - Two-tenant, 100% occupied NNN center with corporate guarantees and exposure to a signalized intersection.
    Where is this strip mall located?
    The property is located at 4145-4545 Illinois Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: Two‑tenant retail center built in 2001 with 100% occupancy; NNN leases with corporate guarantees and three separate 2 five‑year options (management fees apply); High‑traffic exposure at the signalized intersection of Illinois Rd & Apple Glen Blvd with 43,690 vehicles per day
    More about this property
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