Single-Story Office
For Sale
Contact for pricing
7559-7563 W Jefferson Blvd, Fort Wayne, IN 46804
Two tenant spaces, including an established anchor occupant, support a flexible office configuration.
Property Size11,020 SF
Lot Size1.24 Acres
Price / SF$149.73
Days on Market141
Property Features for 7559-7563 W Jefferson Blvd
General Information
Standard status
Active
Size
11,020 SF
Lot size
1.24 Acres
Property subtype
OFFICE
Additional Details
Asking Price
$1,650,000
Highway Access
Yes
Office Units
2
Building Details
Buildings
1
Stories
1
Building Size
11,020 SF
Tenancy
Multi
Listing Agency:
BND Commercial, LLC
(260) 407-0900
Listed By:
David J. Norton
(260) 437-9995
Source:
Moodyscre
Added: Jun 19
Changed: Nov 2
Last Checked: Nov 4 at 3:57PM
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 BND Commercial, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story office building contains 11,020 square feet on a 1.24-acre site. The property is divided into two tenant areas, with one occupied by an established anchor tenant, and overlooks a pond within an office park setting. The building is described as being in excellent condition.
Access is provided to I-69 and downtown Fort Wayne, with reported traffic of 25,903 VPD. The combination of a two-space layout, existing anchor tenancy, and office-park setting provides a defined commercial configuration for an office building buyer.
Access is provided to I-69 and downtown Fort Wayne, with reported traffic of 25,903 VPD. The combination of a two-space layout, existing anchor tenancy, and office-park setting provides a defined commercial configuration for an office building buyer.
Key Highlights
- 11,020 SF single‑story office building on 1.24 acres
- Two tenant spaces, including one with an established anchor tenant
- Located in an office park overlooking a pond
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,597
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,431,940
$2.4M
Cap Rate 7%
$1,737,100
$1.7M
Cap Rate 9%
$1,351,078
$1.4M
Market Conditions
NOI Build-Up for 11,020 SF
Gross rent
$187.8K $17.04/SF
− Vacancy
−$25.7K −$2.33/SF
EGI
$162.1K $14.71/SF
− OpEx
−$40.5K −$3.68/SF
NOI
$121.6K $11.03/SF
Area
Fort Wayne, IN
Vacancy
13.66%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,431,940
Cap Rate 7%
$1,737,100
Cap Rate 9%
$1,351,078
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,597 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$9.21M
$8.06M – $10.74M
NOI $644,412 @ 7.0% cap · market cap 39.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Explore this area
Business Placement
Demographics for 46804, IN
28,800
Population
12,959
Households
2.2
Avg Household Size
40
Median Age
44%
College-Educated
96%
High-School Grad
17.7 sq mi
ZIP Area
1,627
Density / Sq Mi
$84,778
Median Household Income
$49,050
Median Earnings
$1,134
Median Rent
$241,000
Median Home Value
Market
Properties on Market for Office buildings in Fort Wayne
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two tenant spaces, including an established anchor occupant, support a flexible office configuration.
Where is this office building located?
The property is located at 7559-7563 W Jefferson Blvd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 11,020 SF single‑story office building on 1.24 acres; Two tenant spaces, including one with an established anchor tenant; Located in an office park overlooking a pond
