Leased Industrial
2205 Bremer Rd Fort Wayne, IN 46803
For Sale
Contact for pricing
A 2006-built industrial warehouse with multiple dock doors, 30’ clear height, and 200-amp 3-phase power.
Property Size25,325 SF
Lot Size1.98 Acres
Price / SF$102.07
Days on Market88
Property Features for 2205 Bremer Rd
General Information
Standard status
Active
Size
25,325 SF
Lot size
1.98 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Hanning & Bean
(260) 348-2769
Listed By:
Gary Buschman
(260) 348-2769
Source:
Moodyscre
Added: May 4
Changed: Jul 25
Last Checked: Jul 29 at 2:12PM
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 NAI Hanning & Bean
Investment Insights
Based on property information with market context.
This offering presents a 25,325 SF industrial warehouse investment property that is 100% leased. The building was constructed in 2006 and includes a functional layout with 30’ clear ceiling height, multiple dock/delivery doors, and an additional overhead door. Electrical service is provided via 200 Amp, 3-phase power, and new air conditioning is being installed throughout the building.
The current in-place tenant has a lease term extending through 2028, along with two one-year renewal options.
Located on 1.98 acres, the property is being offered for sale as a fully leased industrial asset.
The current in-place tenant has a lease term extending through 2028, along with two one-year renewal options.
Located on 1.98 acres, the property is being offered for sale as a fully leased industrial asset.
Key Highlights
- 25,325 SF industrial investment property offered at an 8.0% cap rate and 100% leased for stable cash flow
- Built in 2006 on 1.98 acres with a functional industrial layout and 30’ clear ceiling height
- Lease in place through 2028 with two one‑year renewal options
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.2k | $9.96 |
| − Vacancy | −$11.4k | −$0.45 |
| EGI | $240.9k | $9.51 |
| − OpEx | −$36.1k | −$1.43 |
| NOI | $204.8k | $8.09 |
25,325 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.93M
$2.56M – $3.41M
NOI $204,753 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$21.16M
$18.51M – $24.68M
NOI $1,480,920 @ 7.0% cap · market cap 57.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Store Here Self Storage — 2701 Coliseum Blvd S, Fort Wayne, IN 46803
- Interstate Cold Storage — 4410 New Haven Ave, Fort Wayne, IN 46803
- R&R Warehouse — 2701 Coliseum Blvd S, Fort Wayne, IN 46803
- Polar King — 4424 New Haven Ave, Fort Wayne, IN 46803
- Berning Trailer Sales — 5220 New Haven Ave, Fort Wayne, IN 46803
Frequently Asked Questions
What type of property is this?
Warehouse - A 2006-built industrial warehouse with multiple dock doors, 30’ clear height, and 200-amp 3-phase power.
Where is this warehouse located?
The property is located at 2205 Bremer Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $2,585,000.
What are key features of this property?
This property features: 25,325 SF industrial investment property offered at an 8.0% cap rate and 100% leased for stable cash flow; Built in 2006 on 1.98 acres with a functional industrial layout and 30’ clear ceiling height; Lease in place through 2028 with two one‑year renewal options
