Office Building with Open
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7619 W Jefferson Blvd, Fort Wayne, IN 46804
Office property with private offices, two-level parking, and proximity to Lutheran Hospital and IU Health.
Property Size13,224 SF
Price / SF$145.19
Days on Market4
Property Features for 7619 W Jefferson Blvd
General Information
Standard status
Active
Size
13,224 SF
Total Parking Spaces
104
Property subtype
OFFICE
Additional Details
Asking Price
$1,920,000
Listing Agency:
The Zacher Company
(260) 750-5268
Listed By:
Joy Neuenschwander, SIOR, CPM · License #ER.000130491
(260) 750-5268
Source:
Moodyscre
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 2:14PM
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.
The office building at 7619 W Jefferson Blvd contains 13,224 square feet with an open floorplan and several private offices. The property includes parking on 2 levels with 104 spaces, supporting a range of office configurations.
Located in Jefferson Office Park, the property is near the Towpath and Eagle marsh trails and in close proximity to Lutheran Hospital and IU Health.
Located in Jefferson Office Park, the property is near the Towpath and Eagle marsh trails and in close proximity to Lutheran Hospital and IU Health.
Key Highlights
- 13,224‑square‑foot office building
- Open floorplan with several private offices
- Parking on 2 levels with 104 spaces
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 | $225.3k | $17.04 |
| − Vacancy | −$30.8k | −$2.33 |
| EGI | $194.6k | $14.71 |
| − OpEx | −$48.6k | −$3.68 |
| NOI | $145.9k | $11.03 |
13,224 SF · lease $17.04/SF/yr · vacancy 13.66% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.43M
NOI $145,917 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.05M
$9.67M – $12.89M
NOI $773,295 @ 7.0% cap · market cap 40.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
967
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property with private offices, two-level parking, and proximity to Lutheran Hospital and IU Health.
Where is this office building located?
The property is located at 7619 W Jefferson Blvd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: 13,224‑square‑foot office building; Open floorplan with several private offices; Parking on 2 levels with 104 spaces
