Newly Renovated Medical Office
For Sale
Contact for pricing
3810 Coldwater Rd, Fort Wayne, IN 46805
Single-tenant medical office built from 2018 demolition, now leased long term to the U.S. for a new VA clinic.
Property SizeContact for details
Days on Market135
Property Features for 3810 Coldwater Rd
General Information
Standard status
Active
Property subtype
Retail, Office, Mixed Use
Site & Location
Traffic Count
53,606 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Zacher Company
(260) 422-8474
Listed By:
Joy Neuenschwander, SIOR, CPM · License #IN RB14050456
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 12:41PM
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
Investment Insights
Based on property information with market context.
Construction began in October 2018 with complete demolition of the interior and removal of the former bank drive-through. The building has been rebuilt with a new roof, resurfaced parking lot, new HVAC and other mechanical systems, new electrical and lighting, new restrooms, new walls, and a new security system. The interior is finished with new high-end equipment and finishes.
The tenant is the United States of America, operating a new VA clinic under a new 10-year/5-year firm lease. The tenant is contributing $395,000 up front toward an approximate $750,000 remodel, and no improvements are amortized into the lease.
The property provides direct access from Clinton Street and Coldwater Road and is about 1.2 miles from the interstate, with combined daily traffic counts of 53,606 vehicles per day.
The tenant is the United States of America, operating a new VA clinic under a new 10-year/5-year firm lease. The tenant is contributing $395,000 up front toward an approximate $750,000 remodel, and no improvements are amortized into the lease.
The property provides direct access from Clinton Street and Coldwater Road and is about 1.2 miles from the interstate, with combined daily traffic counts of 53,606 vehicles per day.
Key Highlights
- Construction began in October 2018 with complete interior demolition and removal of the former bank drive‑through
- New roof, resurfaced parking lot, new HVAC, new mechanicals, electrical, lighting, restrooms, walls, and a new security system
- Tenant is the U.S. of America for a new VA clinic, with a new 10‑year/5‑year firm lease
Property Analytics
Property Profile
Current Use
Lease Details
53,606 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
Under-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 - Single-tenant medical office built from 2018 demolition, now leased long term to the U.S. for a new VA clinic.
Where is this medical office space located?
The property is located at 3810 Coldwater Rd Fort Wayne, IN.
What are key features of this property?
This property features: Construction began in October 2018 with complete interior demolition and removal of the former bank drive‑through; New roof, resurfaced parking lot, new HVAC, new mechanicals, electrical, lighting, restrooms, walls, and a new security system; Tenant is the U.S. of America for a new VA clinic, with a new 10‑year/5‑year firm lease
