Multi-Tenant Medical Office
For Sale
Contact for pricing
3401 Lake Ave, Fort Wayne, IN 46805
Fully leased medical office building in Fort Wayne, Indiana.
Property Size7,857 SF
Price / SF$92.27
Days on Market169
Property Features for 3401 Lake Ave
General Information
Standard status
Active
Size
7,857 SF
Property subtype
Office
Zoning
R3
Occupancy
100%
Investment Type
Stabilized
Building Details
Year Built
1974
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Sturges Property Group
(260) 424-8448
Listed By:
Neal Bowman · License #IN RB14026402
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 9 at 12:05PM
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 Sturges Property Group
Investment Insights
Based on property information with market context.
The property at 3401 Lake Avenue in Fort Wayne, IN, is a 7,857 square-foot multi-tenant medical office building. It is 100% leased to three established service providers, offering immediate and stable cash flow. The income stream is anchored by a corporate guarantee by Capital Vision Services, LLC, for the MyEyeDr space. The property benefits from long-term tenancy and predictable income streams in a busy medical corridor. This asset is offered as a 100% leased stabilized opportunity for an investor with upside potential through scheduled rent escalations in renewals or conversion to triple net leases upon turnover. The property is well-placed in one of Fort Wayne’s major medical/service districts. Neighbors include Parkview Hospital-Randallia, VA Northern Indiana Healthcare Systems, Lutheran Health Physicians, Byron Health Center, Parkview Behavioral Health, and PACE of Northeast Indiana. The building sees over 8,000 vehicles per day and is easily accessible to major thoroughfares as it is situated between Hobson Road and Coliseum Boulevard/SR 930. Water and sewer service is provided by the City of Fort Wayne. Electrical service is provided by American Electric Power, and gas service is provided by NIPSCO.
Key Highlights
- 100% leased multi‑tenant medical office building providing immediate and stable cash flow.
- Anchored by a corporate guarantee from Capital Vision Services, LLC (MyEyeDr).
- Located in a premier Fort Wayne medical corridor with high traffic volume (8,000+ vehicles per day).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46805, IN
21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical office building in Fort Wayne, Indiana.
Where is this medical office space located?
The property is located at 3401 Lake Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 100% leased multi‑tenant medical office building providing immediate and stable cash flow.; Anchored by a corporate guarantee from Capital Vision Services, LLC (MyEyeDr).; Located in a premier Fort Wayne medical corridor with high traffic volume (8,000+ vehicles per day).
