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Multi-Tenant Retail Center with CVS
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4210 Crescent Avenue, Fort Wayne, IN 46815

Fully leased multi-tenant NNN retail center with a master lease for a large CVS pharmacy.

Property Size20,810 SF
Lot Size3.15 Acres
Price / SF$62.95
Days on Market59

Property Features for 4210 Crescent Avenue

General Information

Standard status Active
Size 20,810 SF
Lot size 3.15 Acres
Property subtype Retail
Occupancy 100%

Building Details

Year Built 2014
Tenancy Multi
Listing Agency: BND Commercial Real Estate
Listed By: Karl Behrens, CCIM, SIOR · License #IN RB14027572
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 4 at 4:39AM

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 BND Commercial Real Estate

Investment Insights

Based on property information with market context.

This fully leased retail investment property is configured as a 7,645 SF multi-tenant retail center, along with master lease rights to a 13,165 SF CVS Pharmacy. The offering is situated on 3.15 acres and is described as a stable NNN income asset, including built-in rent increases.

The property is located next to PFW and is anchored by a mix of established tenants including CVS, Jimmy John’s, Hungry Howie’s, We Nails, and Sister Pho. The center benefits from strong traffic counts and excellent visibility within one of Fort Wayne’s premier retail corridors.

For tenants, operators, or investors seeking a retail-heavy, multi-tenant platform with a dedicated pharmacy component, this configuration combines a master-leased CVS with additional in-line tenants under one ownership structure. The fully leased status and the presence of several recognized daily-need concepts are designed to support consistent day-to-day occupancy for the overall retail center.

Key Highlights

  • 2014‑built 7,645 SF multi‑tenant retail center on 3.15 acres
  • Fully leased with master lease rights to a 13,165 SF CVS Pharmacy
  • Anchored tenants include CVS, Jimmy John’s, Hungry Howie’s, We Nails, and Sister Pho

Property Analytics

Current Use

Don Taco Mexican ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46815, IN

27,927
Population
11,060
Households
2.5
Avg Household Size
36
Median Age
32%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
2,879
Density / Sq Mi
$67,224
Median Household Income
$40,849
Median Earnings
$942
Median Rent
$186,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • North Anthony Shopping Center 3409 N Anthony Blvd, Fort Wayne, IN 46805

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased multi-tenant NNN retail center with a master lease for a large CVS pharmacy.
Where is this shopping center located?
The property is located at 4210 Crescent Avenue Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,310,000.
What are key features of this property?
This property features: 2014‑built 7,645 SF multi‑tenant retail center on 3.15 acres; Fully leased with master lease rights to a 13,165 SF CVS Pharmacy; Anchored tenants include CVS, Jimmy John’s, Hungry Howie’s, We Nails, and Sister Pho
More about this property
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