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Single-Story Office Building
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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 Market49

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
Listed By: David J. Norton
Source: Moodyscre
Added: Jun 19 Changed: Aug 3 Last Checked: Aug 5 at 8:41AM

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

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.

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 For Office B

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 $187.8k $17.04
− Vacancy −$25.7k −$2.33
EGI $162.1k $14.71
− OpEx −$40.5k −$3.68
NOI $121.6k $11.03
11,020 SF · lease $17.04/SF/yr · vacancy 13.66% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.74M
$1.52M – $2.03M (±1% cap)
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 (±1% cap)
NOI $644,412 @ 7.0% cap · market cap 39.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store HVAC Service Law Firm Garden Center Parking Lot & Garage

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

2
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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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
(260) 437-9995 Call to check price and availability
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