Renovated Fort Wayne Investment
For Sale
Contact for pricing
2980 - 2990 E Coliseum Blvd., Fort Wayne, IN 46805
60,040 SF building, renovated in 2018, 100% occupied.
Property Size60,040 SF
Price / SF$108.26
Days on Market849
Property Features for 2980 - 2990 E Coliseum Blvd.
General Information
Standard status
Active
Size
60,040 SF
Class
B
Property subtype
Office
Zoning
BTI/Business Technology
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$660,440
Building Details
Year Built
1959
Year Renovated
2018
Units
1
Tenancy
Single
Listing Agency:
The Zacher Company
Listed By:
Fletcher Moppert · License #IN
(260) 422-8474
Source:
Crexi
Added: May 7, 2024
Changed: Aug 25
Last Checked: Aug 31 at 9:50PM
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.
Located at 2980-2990 E. Coliseum Blvd. in Fort Wayne, IN, this property offers a 60,040 SF building comprised of 2 units, renovated in 2018. Suited for Office or Office Building investors, the property is 100% occupied with a triple net lease offering 3 years remaining. The location is adjacent to Purdue Fort Wayne Business School and features ponds, fountains, and walking paths. The property is located in the Northeast market of Fort Wayne, IN, at Park 3000, and offers close proximity to Purdue University Fort Wayne. The area also boasts a range of dining, retail, and recreational destinations. With easy access to major transportation routes, Park 3000 presents an ideal setting for businesses seeking a well-connected and flourishing environment.
Key Highlights
- High Net Operating Income (NOI) of $660,440 and a competitive 9.4% cap rate.
- 100% occupied with a triple net lease offering 3 years remaining.
- Prime location adjacent to Purdue Fort Wayne Business School.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 46805, IN
21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
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 - 60,040 SF building, renovated in 2018, 100% occupied.
Where is this office building located?
The property is located at 2980 - 2990 E Coliseum Blvd. Fort Wayne, IN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of $660,440 and a competitive 9.4% cap rate.; 100% occupied with a triple net lease offering 3 years remaining.; Prime location adjacent to Purdue Fort Wayne Business School.
