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New Construction Coffee Shop
For Sale
$2,847,999

1966 Copper Mine Psge, Fort Wayne, IN 46845

Starbucks-occupied coffee shop with drive-through service and a corporately guaranteed NN+ lease.

Property Size2,297 SF
Price / SF$1,239
Days on Market51

Property Features for 1966 Copper Mine Psge

General Information

Standard status Active
Size 2,297 SF
Property subtype Restaurant
Lease Type NN

Site & Location

Drive-Thru Yes
Road Access Yes

Additional Details

Cap Rate 6.25%

Amenities

9-Plus Years Remaining on Brand New 2025 Construction with Drive-Thru | Corporately Guaranteed NN+ Lease | No Kickout Clause
Located at Signalized Hard Corner with Visibility to Lima Road (Over 27K Vehicles Per Day)) | One of the Most Affluent Submarkets in Fort Wayne (AHHH of $135,448 and $125,409 within Three & Five Miles
Located in the Fastest-Growing Zip Code in Fort Wayne – the Population Expanded by 5,317 Residents in the Last Five Years | 8,500 New Homes are Being Developed within Three Miles

Building Details

Building Size 2,297 SF
Year Built 2025
Listing Agency:
Listed By: Madison K. Harman · License #License(s): IN: RB14052326
Source: Marcusmillichap
Added: Jul 11 Changed: Aug 29 Last Checked: Aug 29 at 8:59PM

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

Investment Insights

Based on property information with market context.

Built in 2025, this 2,297-square-foot Starbucks coffee shop includes drive-through service and operates under a corporately guaranteed NN+ lease. The lease has more than 9 years remaining, four five-year renewal options, and 7.5 percent rental increases every five years during the initial term and option periods. A no-kickout provision is also included.

The property occupies an outparcel within the 43-acre Shops at Copper Creek development and sits at a signalized hard corner with visibility to Lima Road, which carries over 27,000 vehicles per day. Nearby development includes a 15,000-square-foot multi-tenant strip center, The Learning Experience daycare, Just Four Kids Dentistry, a 322-unit apartment complex, and more than 600 single-family homes. Planned and established regional destinations include a 100,000-plus-square-foot Kroger Marketplace one mile north and Huntertown Crossing one mile south.

Key Highlights

  • 2025 construction with 2,297 SF of building area
  • Drive‑through Starbucks location at a signalized hard corner
  • Visibility to Lima Road with over 27,000 vehicles per day

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store HVAC Service

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46845, IN

28,380
Population
10,709
Households
2.7
Avg Household Size
39
Median Age
53%
College-Educated
98%
High-School Grad
22.9 sq mi
ZIP Area
1,239
Density / Sq Mi
$115,690
Median Household Income
$59,690
Median Earnings
$1,398
Median Rent
$314,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Coffee shop - Starbucks-occupied coffee shop with drive-through service and a corporately guaranteed NN+ lease.
Where is this coffee shop located?
The property is located at 1966 Copper Mine Psge Fort Wayne, IN.
What is the asking price?
The asking price for this property is $2,847,999.
What are key features of this property?
This property features: 2025 construction with 2,297 SF of building area; Drive‑through Starbucks location at a signalized hard corner; Visibility to Lima Road with over 27,000 vehicles per day
More about this property
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