Multi-Tenant Retail Center with
4610 Parnell Ave Fort Wayne, IN 46825
4610 Parnell Ave, Fort Wayne, IN, 46825
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For Sale
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88,100 SF, 17-unit retail center offers NNN reimbursements and is currently 63% occupied.
Property Size88,100 SF
Price / SF$73.78
Days on Market161
Property Features for 4610 Parnell Ave
General Information
- Standard status
- Active
- Size
- 88,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agency
Allied Commercial
(260) 760-1988
Listed by
Dave Horacek Jr · License #RB19001890
Source
Crexi
Added: Feb 10 Updated: Jul 21 at 4:07AM Checked: Jul 21 at 4:07AM
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 Allied Commercial
Investment Insights
Based on property information with market context.
Parnell Plaza is an 88,100 SF, multi-tenant retail center with 17 units, currently 63% occupied and operating with NNN lease reimbursements for property taxes, insurance, and common area maintenance. The tenant mix includes healthcare providers, educational services, restaurants, retail shops, and professional offices.
The center is located at 4610 Parnell Avenue in Fort Wayne, Indiana and sits along heavily traveled corridors, with reported daily vehicle counts on Clinton Street and Parnell Avenue. Parnell Plaza is also adjacent to the Allen County War Memorial Coliseum, a major regional venue that hosts concerts, sporting events, and trade shows.
Lease expirations are staggered from 2025 through 2032, with a stated weighted average remaining term of 2.77 years. Notable tenants include Lakewood Family Dental, Daa Bin Store, A Plus Computers, Golden Steps ABA, and Taqueria El Ranchito.
The center is located at 4610 Parnell Avenue in Fort Wayne, Indiana and sits along heavily traveled corridors, with reported daily vehicle counts on Clinton Street and Parnell Avenue. Parnell Plaza is also adjacent to the Allen County War Memorial Coliseum, a major regional venue that hosts concerts, sporting events, and trade shows.
Lease expirations are staggered from 2025 through 2032, with a stated weighted average remaining term of 2.77 years. Notable tenants include Lakewood Family Dental, Daa Bin Store, A Plus Computers, Golden Steps ABA, and Taqueria El Ranchito.
Key Highlights
- 88,100 SF, 17‑unit multi‑tenant retail center (built 1986) at 4610 Parnell Avenue in Fort Wayne, IN
- Currently 63% occupied with 13 tenants generating $491,270 in net operating income
- NNN lease structure with tenant reimbursement for property taxes, insurance, and common area maintenance
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Shopping center - 88,100 SF, 17-unit retail center offers NNN reimbursements and is currently 63% occupied.
Where is this shopping center located?
The property is located at 4610 Parnell Ave 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: 88,100 SF, 17‑unit multi‑tenant retail center (built 1986) at 4610 Parnell Avenue in Fort Wayne, IN; Currently 63% occupied with 13 tenants generating $491,270 in net operating income; NNN lease structure with tenant reimbursement for property taxes, insurance, and common area maintenance
