Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5109-5125 Executive Blvd Fort Wayne, IN

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Multi-tenant warehouse space available near I-69 in Fort Wayne.

    Type:INDUSTRIAL
    Property size:
    7,077 SF
    Lot size:
    2.76 Acres
    Added:
    May 20, 2025
    Days on Market:
    343
    Last Refresh:
    Apr 5 at 9:44 pm

    Property Features for 5109-5125 Executive Blvd

    General Information

    Standard status
    Active
    Size
    7,077 SF
    Lot size
    2.76 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 5109-5125 Executive Blvd Contact us

    We can help!

    Listing Contact
    John Caffray
    John Caffray

    Listing agent John Caffray

    Listing office Sturges Property Group

    Listing date May 20, 2025

    Source Moodyscre

    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

    Overview

    Warehouse Space Near I-69

    This multi-tenant warehouse property features one available space. Unit 5123 offers 1,386 square feet of office space and 5,690 square feet of warehouse space, totaling 7,077 square feet. The property is located just over one mile from I-69 in Interstate Industrial Park. The unit includes upgraded LED lights, air-conditioned office space, one dock, one overhead door, and a 16.5-foot ceiling height.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Stor-A-Way-Fort Wayne — 2130 Research Dr, Fort Wayne, IN 46808
    • Storage Express — 4501 Newaygo Rd, Fort Wayne, IN 46808
    • Public Storage — 1801 Coliseum Blvd W, Fort Wayne, IN 46808
    • Olympic Village — 801 Coliseum Blvd W, Fort Wayne, IN 46808

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1661
    Latitude
    41.1274

    Nearby Similar for Lease

    • $5,000/Mo

      Versatile Industrial Space in Fort Wayne

      Functional industrial space in downtown Fort Wayne, ideal for various uses.
      1205 W Main Street, Fort Wayne, IN 46808-3334
      View Details
    • $17 SF/Yr

      Downtown Fort Wayne Mixed-Use Building

      Prime downtown location suitable for office, retail, or live/work.
      529 W Jefferson Boulevard, Fort Wayne, IN 46802
      View Details
    • $1,355/Mo

      Fort Wayne Office Space Available

      Office space for lease in Fort Wayne, Indiana.
      6012 Brandy Chase Cove, Fort Wayne, IN 46815
      View Details
    • $1,400/Mo

      Renovated Office Space Available

      Move-in ready office space with flexible layout in Fort Wayne.
      3109 Oxford Street, Fort Wayne, IN 46806-5506
      View Details
    • $15 SF/Yr

      Fort Wayne Retail/Office Spaces

      Prime retail/office spaces in southwest professional office park.
      4011 W Jefferson Boulevard, Fort Wayne, IN 46804
      View Details
    • $500/Mo

      Versatile Space in Fort Wayne

      Customizable space ideal for various business uses in Fort Wayne.
      2429 W Main Streets, Fort Wayne, IN 46802
      View Details
    • $1,500/Mo

      Prime Office Location For Lease

      Office space for lease near I-69 and Illinois Rd.
      1319 Magnavox (Suite 400) Way, Fort Wayne, IN 46804
      View Details
    • $1,200/Mo

      Office Space Near I-69

      Office space for lease near I-69 and Illinois Rd.
      1319 Magnavox (Suite 200) Way, Fort Wayne, IN 46804
      View Details
    • $750/Mo

      Creative Office Space Downtown

      Historic carriage house with industrial vibe, ideal for creative business.
      916 Fairfield Avenue, Fort Wayne, IN 46802-2120
      View Details
    • $2,100/Mo

      Versatile Commercial Space For Rent

      Adaptable commercial space suitable for retail, services, or creative enterprises.
      6720 Old Trail Road, Fort Wayne, IN 46809-2639
      View Details
    • $400/Mo

      Office Space in Fort Wayne

      Office space for lease in a convenient Fort Wayne location.
      6008 Brandy Chase K Cove, Fort Wayne, IN 46815
      View Details
    • $350/Mo

      Office Space For Lease

      Office space for lease in a convenient Fort Wayne location.
      6008 Brandy Chase I Cove, Fort Wayne, IN 46815
      View Details

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant warehouse space available near I-69 in Fort Wayne.
    Where is this warehouse located?
    The property is located at 5109-5125 Executive Blvd Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Strategic Location: Just over one mile from I‑69 in Interstate Industrial Park.; Available Unit: Unit 5123 offers 1,386 SF of office space and 5,690 SF of warehouse space.; Upgraded Office: Newly upgraded LED lights and air‑conditioned office.
    (260) 438-3525 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Caffray
    John Caffray
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!