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Fort Wayne Automotive Retail Opportunity

5405 Illinois Rd, Fort Wayne, IN

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For Sale

Contact for pricing

Prime commercial location near I-69 and Jefferson Pointe Shopping Center.

Type:RETAIL

Property size:

4,263 SF

Lot size:

0.42 Acres

Price / SF:

$185/SF

HighLights

Prime location in Fort Wayne's automotive and retail hub.
High visibility and accessibility just east of the I‑69 interchange.
Adjacent to the established Bob Thomas Ford West dealership.
Surrounded by franchise‑operated dealerships and automotive support businesses.
Minutes from Jefferson Pointe Shopping Center.
Ideal for new ventures or expanding existing businesses.

We can help!

Listing Contact

Tyler Binkley

For Sale

Contact for pricing

Prime commercial location near I-69 and Jefferson Pointe Shopping Center.

Type:RETAIL

Property size:

4,263 SF

Lot size:

0.42 Acres

Price / SF:

$185/SF

Added:: Aug 4, 2025
Days on Market:: 315
Last Refresh:: May 20 at 9:59 pm

Property Features for 5405 Illinois Rd

General Information

Standard status: Active
Size: 4,263 SF
Lot size: 0.42 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Tyler Binkley

Listing agent Tyler Binkley License #RB14037279

Listing office Acadia Commercial

Listing date Aug 4, 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 Acadia Commercial

HighLights

Prime location in Fort Wayne's automotive and retail hub.
High visibility and accessibility just east of the I‑69 interchange.
Adjacent to the established Bob Thomas Ford West dealership.
Surrounded by franchise‑operated dealerships and automotive support businesses.
Minutes from Jefferson Pointe Shopping Center.
Ideal for new ventures or expanding existing businesses.

Overview

This commercial property is located in Fort Wayne, just east of the I-69 interchange, offering high visibility and accessibility. Situated next to the Bob Thomas Ford West dealership, it benefits from its location in a corridor with franchise-operated dealerships and automotive support businesses. The property is also minutes from Jefferson Pointe Shopping Center, a retail destination with national brands, restaurants, and an IMAX theater. This location is suited for businesses seeking exposure, synergy, and consumer access.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$63.9k	$15.00
− Vacancy	−$5.4k	−$1.28
EGI	$58.5k	$13.73
− OpEx	−$17.6k	−$4.12
NOI	$41.0k	$9.61

4,263 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$585.1K

$512.0K – $682.6K (±1% cap)

NOI $40,957 @ 7.0% cap · market cap 5.19%

Second Best

Industrial

$364.5K

$318.9K – $425.2K (±1% cap)

NOI $25,514 @ 7.0% cap · market cap 3.23%

Theoretical Best

Multifamily LT 5

$3.56M

$3.12M – $4.15M (±1% cap)

NOI $249,286 @ 7.0% cap · market cap 31.60%

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

Property Profile Location Intelligence

Current Use by Public Records

Precision Glass General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Fort Wayne
County: Allen
State: Indiana
Longitude: -85.2114
Latitude: 41.0743

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What type of property is this?

Retail property - Prime commercial location near I-69 and Jefferson Pointe Shopping Center.

Where is this retail property located?

The property is located at 5405 Illinois Rd Fort Wayne, IN.

What is the asking price?

The asking price for this property is $789,000.

What are key features of this property?

This property features: Prime location in Fort Wayne's automotive and retail hub.; High visibility and accessibility just east of the I‑69 interchange.; Adjacent to the established Bob Thomas Ford West dealership.

5405 Illinois Rd, Fort Wayne, IN

Prime commercial location near I-69 and Jefferson Pointe Shopping Center.

Property Features for 5405 Illinois Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Motel and Apartment Property

Renovated Triplex with Short-Term Units

Aboite Township Mixed-Use Opportunity

Modern Manufacturing Facility in Centennial Park

Historic Landmark Ready for Renovation

Immaculate Church Building on Corner Lot

Downtown Fort Wayne Bar Property

Multi-Use Building in Fort Wayne

Five-Unit Brick Apartment Building

Mixed-Use Property Near Google Center

Restaurant and Redevelopment Opportunity

Fully Rented Eight-Unit Building

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