Building Details

Tenancy Single

Listing Agency: SVN⎮Northern Commercial w***@svn.com Show Phone

Listed By: Jess Lawhead · License #IN RB14047741

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:35PM

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Investment Insights

Based on property information with market context.

This fully leased industrial headquarters building is home to Mill Supplies, Inc., which has occupied the property since 1983. The facility sits on 3.67 acres and has been well maintained throughout the tenant’s ownership, including multiple additions over time and a recent 12,000 SF warehouse addition completed in 2020. The majority of the roof has been replaced within the past +/- 5 years, and the property’s grounds include extensive paved areas.

A large portion of the lot is paved, and the entire parking lot has been repaved within the past 4 years, including new drains and concrete work. The property is located in the North Fort Wayne industrial submarket and offers convenient interstate access, with proximity to local amenities in Fort Wayne.

The asset is also available as part of a two-property portfolio sale, in combination with an industrial asset located at 7522 East Pendleton Pike in Indianapolis.

Key Highlights

• Fully leased industrial headquarters in northwest Fort Wayne, IN, occupied by Mill Supplies, Inc. since 1983
• 3.67‑acre site with a recent 12,000 SF warehouse addition added in 2020
• Most of the building roof replaced within the past +/- 5 years

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Pharmacy Veterinary Clinic Daycare Center Garden Center Law Firm Florist

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

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

947

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 46825, IN

29,062

Population

13,597

Households

2.1

Avg Household Size

38

Median Age

34%

College-Educated

91%

High-School Grad

15.6 sq mi

ZIP Area

1,863

Density / Sq Mi

$68,890

Median Household Income

$44,788

Median Earnings

$1,044

Median Rent

$202,200

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Warehouse - Fully leased industrial headquarters on 3.67 acres with a 2020 warehouse addition and recently replaced roofing.

Where is this warehouse located?

The property is located at 5105 Industrial Rd Fort Wayne, IN.

What are key features of this property?

This property features: Fully leased industrial headquarters in northwest Fort Wayne, IN, occupied by Mill Supplies, Inc. since 1983; 3.67‑acre site with a recent 12,000 SF warehouse addition added in 2020; Most of the building roof replaced within the past +/- 5 years