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2980 - 2990 E Coliseum Blvd Fort Wayne, IN 46805

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60,040 SF building, renovated in 2018, 100% occupied.

Type:Office, Industrial
Property size:
60,040 SF
Added:
May 7, 2024
Days on Market:
711
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 2980 - 2990 E Coliseum Blvd

General Information

Standard status
Active
Size
60,040 SF
Property subtype
Office, Industrial

Building Details

Year Built
1959

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Listing Contact
Fletcher Moppert

Listing agent Fletcher Moppert License #IN

Listing office The Zacher Company

Listing date May 7, 2024

Source Crexi

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 The Zacher Company


Overview

Renovated Fort Wayne Investment Opportunity

Located at 2980-2990 E. Coliseum Blvd. in Fort Wayne, IN, this property offers a 60,040 SF building comprised of 2 units, renovated in 2018. Suited for Office or Office Building investors, the property is 100% occupied with a triple net lease offering 3 years remaining. The location is adjacent to Purdue Fort Wayne Business School and features ponds, fountains, and walking paths. The property is located in the Northeast market of Fort Wayne, IN, at Park 3000, and offers close proximity to Purdue University Fort Wayne. The area also boasts a range of dining, retail, and recreational destinations. With easy access to major transportation routes, Park 3000 presents an ideal setting for businesses seeking a well-connected and flourishing environment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Intellectual Technology Inc (Bike/Boat/Book/etc) Store Former GTE Office ... Corporate Office

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
County
Allen
State
Indiana
Longitude
-85.1032787
Latitude
41.1092954

FAQs

What type of property is this?
Office building - 60,040 SF building, renovated in 2018, 100% occupied.
Where is this office building located?
The property is located at 2980 - 2990 E Coliseum Blvd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of $660,440 and a competitive 9.4% cap rate.; 100% occupied with a triple net lease offering 3 years remaining.; Prime location adjacent to Purdue Fort Wayne Business School.
More about this property
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