Fort Wayne Warehouse
8645 Aviation Dr Fort Wayne, IN
8645 Aviation Dr, Fort Wayne, IN, 00000
Contact for pricing
For Sale
Contact for pricing
Warehouse in Fort Wayne's Airport Business Center for lease.
Property Size150,000 SF
Lot Size21.16 Acres
Price / SF$86.67
Days on Market456
Property Features for 8645 Aviation Dr
General Information
- Standard status
- Active
- Size
- 150,000 SF
- Lot size
- 21.16 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 8645 Aviation Dr Contact us
Listing agency
The Zacher Company
(260) 437-0904
Listed by
Steven Zacher, SIOR, CCIM · License #RB16000634
(260) 437-0904
Source
Moodyscre
Added: Apr 22, 2025 Updated: Jul 6 at 8:51AM Checked: Jul 21 at 6:43AM
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 warehouse is located in Fort Wayne's Airport Business Center. The property is situated on a 21.03-acre site. It features ceiling heights of 32.5 to 36.5 feet clear and an ESFR sprinkler system. The warehouse includes 5 dock doors and 1 drive-in door. The shell is complete and ready to be finished. The lease rate is $6.75 per square foot per year (NNN).
Key Highlights
- Shell complete and ready to be finished, offering customization options
- Located in Fort Wayne's Airport Business Center
- Large 21.03 acre site
Local Financial Insights For Industrial
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 | $1.35M | $9.00 |
| − Vacancy | −$67.5k | −$0.45 |
| EGI | $1.28M | $8.55 |
| − OpEx | −$384.8k | −$2.56 |
| NOI | $897.8k | $5.98 |
150,000 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$17.33M
$15.16M – $20.21M
NOI $1,212,755 @ 7.0% cap · market cap 9.33%
Second Best
Industrial
$12.82M
$11.22M – $14.96M
NOI $897,750 @ 7.0% cap · market cap 6.91%
Theoretical Best
Multifamily LT 5
$125.31M
$109.64M – $146.19M
NOI $8,771,490 @ 7.0% cap · market cap 67.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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- AirX - Clarios Fort Wayne Warehouse — 3925 Airport Expy, Fort Wayne, IN 46809
FAQs
What type of property is this?
Warehouse - Warehouse in Fort Wayne's Airport Business Center for lease.
Where is this warehouse located?
The property is located at 8645 Aviation Dr Fort Wayne, IN.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Shell complete and ready to be finished, offering customization options; Located in Fort Wayne's Airport Business Center; Large 21.03 acre site
