Corporate-Leased NNN
For Sale
$1,500,000
7631 South Town Crossing, Fort Wayne, IN 46816
Wendy’s lease provides a long-term corporate tenancy at a retail outparcel near established national anchors.
Property Size2,747 SF
Days on Market64
Property Features for 7631 South Town Crossing
General Information
Standard status
Active
Size
2,747 SF
Property subtype
Commercial
Lease Term
±9.9 YRS
Net Operating Income
$117,701
Site & Location
Traffic Count
25,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
2,747 SF
Year Built
2007
Listing Agency:
MREIS AR Real Estate
(949) 207-6396
Listed By:
Vincent Renna · License #02204860 (CA)
(949) 207-6396
Source:
Matthews
Added: Jun 28
Changed: Aug 30
Last Checked: Aug 30 at 1:54AM
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 MREIS AR Real Estate
Investment Insights
Based on property information with market context.
Built in 2007, this NNN property is subject to a Wendy’s lease with 9.9 years remaining. The agreement is signed by the corporation, providing a defined lease term and a passive ownership structure. The property is located at 7631 South Town Crossing in Fort Wayne, Indiana.
The site functions as an outparcel to Menards and Walmart and benefits from access to Highway 469, which carries approximately 25,000 VPD. The surrounding trade area includes Culver’s, Dunkin’, Starbucks, Taco Bell, and Caliber Collision, along with recent retail development. These nearby national brands and established shopping destinations define the immediate commercial setting.
The site functions as an outparcel to Menards and Walmart and benefits from access to Highway 469, which carries approximately 25,000 VPD. The surrounding trade area includes Culver’s, Dunkin’, Starbucks, Taco Bell, and Caliber Collision, along with recent retail development. These nearby national brands and established shopping destinations define the immediate commercial setting.
Key Highlights
- 9.9 years remaining on the Wendy’s lease
- Lease is corporately signed
- Outparcel to Menards and Walmart
Property Analytics
Property Profile
Current Use
Lease Details
25,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 46816, IN
19,012
Population
8,264
Households
2.3
Avg Household Size
34
Median Age
9%
College-Educated
75%
High-School Grad
36.0 sq mi
ZIP Area
528
Density / Sq Mi
$43,760
Median Household Income
$33,077
Median Earnings
$813
Median Rent
$129,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Wendy’s lease provides a long-term corporate tenancy at a retail outparcel near established national anchors.
Where is this nnn property located?
The property is located at 7631 South Town Crossing Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9.9 years remaining on the Wendy’s lease; Lease is corporately signed; Outparcel to Menards and Walmart
