Fort Wayne Retail
6320 Bluffton Road Fort Wayne, IN 46809
For Sale
Contact for pricing
9,100 SF retail building with strong tenant in Fort Wayne.
Property Size9,100 SF
Price / SF$113.19
Days on Market1351
Property Features for 6320 Bluffton Road
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Building Details
Year Built
2008
Listing Agency:
The Zacher Company
(260) 422-8474
Listed By:
Evan Rubin · License #IN RB16000634
Source:
Crexi
Added: Nov 16, 2022
Changed: Jul 10
Last Checked: Jul 29 at 4:57AM
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 The Zacher Company
Investment Insights
Based on property information with market context.
This retail building in Fort Wayne, IN, presents an investment opportunity. Constructed in 2008, the free-standing building offers 9,100 SF of space. Located in the Southwest area, the property benefits from full access on Bluffton Rd., which sees 11,258 vehicles per day. The property features a strong credit tenant with a corporate guaranteed lease and minimal landlord responsibilities. The property is offered at a sale price of $1,030,000, with a 5.9% cap rate.
Key Highlights
- Strong credit tenant with corporate guaranteed lease.
- High‑visibility location on Bluffton Rd. with 11,258 VPD.
- Modern construction (built in 2008) with 9,100 SF of space.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.5k | $15.00 |
| − Vacancy | −$11.6k | −$1.28 |
| EGI | $124.9k | $13.73 |
| − OpEx | −$37.5k | −$4.12 |
| NOI | $87.4k | $9.61 |
9,100 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,428 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$7.60M
$6.65M – $8.87M
NOI $532,137 @ 7.0% cap · market cap 51.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 9,100 SF retail building with strong tenant in Fort Wayne.
Where is this retail space located?
The property is located at 6320 Bluffton Road Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Strong credit tenant with corporate guaranteed lease.; High‑visibility location on Bluffton Rd. with 11,258 VPD.; Modern construction (built in 2008) with 9,100 SF of space.
