Leased Industrial
For Sale
$2,585,000
2205 Bremer Rd, Fort Wayne, IN 46803
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 Market99
Property Features for 2205 Bremer Rd
General Information
Standard status
Active
Size
25,325 SF
Lot size
1.98 Acres
Property subtype
Industrial
Occupancy
100%
Warehouse & Industrial
Clear Height
30 ft
Heavy Power
Yes
Additional Details
Cap Rate
8%
Building Details
Building Size
25,325 SF
Year Built
2006
Listed By:
Gary Buschman, SIOR · License #IN #RB16000026
(260) 348-2769
Source:
Naihanningbean
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 28 at 5:12AM
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 Gary Buschman, SIOR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$204,753
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,095,060
$4.1M
Cap Rate 7%
$2,925,043
$2.9M
Cap Rate 9%
$2,275,033
$2.3M
Market Conditions
NOI Build-Up for 25,325 SF
Gross rent
$252.2K $9.96/SF
− Vacancy
−$11.4K −$0.45/SF
EGI
$240.9K $9.51/SF
− OpEx
−$36.1K −$1.43/SF
NOI
$204.8K $8.09/SF
Area
Fort Wayne, IN
Vacancy
4.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,095,060
Cap Rate 7%
$2,925,043
Cap Rate 9%
$2,275,033
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
30 ft
Clear height
100%
Occupancy
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46803, IN
9,686
Population
4,634
Households
2.1
Avg Household Size
30
Median Age
9%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
1,291
Density / Sq Mi
$31,797
Median Household Income
$25,248
Median Earnings
$878
Median Rent
$78,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Store Here Self Storage — 2701 Coliseum Blvd S, 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
- Interstate Cold Storage — 4410 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
