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    6320 Bluffton Rd Fort Wayne, IN 46809

    For Sale
    $1,030,000

    Profitable Dollar General investment. High traffic location.

    Property size:
    9,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a fully leased, single-tenant convenience store located at 6320 Bluffton Road, Fort Wayne, Indiana. The property boasts a 9,100 square foot building situated on a 1.5-acre lot, built in 2008. The property is zoned C2/Limited Commercial and features a strong credit tenant, Dollar General, under a NNN lease. The current lease expires July 31, 2025, with approximately 0.7 years remaining. The asking price is $1,030,000, representing a 5.00% cap rate, with a projected 5.6% renewal cap rate. The property enjoys 100% occupancy and benefits from a high-traffic location on Bluffton Road, experiencing 12,534 vehicles per day. Minimal landlord responsibilities are required due to the NNN lease structure. This is a turnkey investment opportunity with significant potential for long-term returns. The Allen County property (APN: 02-12-27-151-004.000-074) offers a rare chance to acquire a well-established, income-producing asset in a prime commercial location. The property's size and location make it an attractive investment for both seasoned and new investors seeking a stable and profitable addition to their portfolio. The price per square foot is $113.19.

    Property Features for 6320 Bluffton Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,100 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    HighLights

    • Strong credit tenant, Dollar General.
    • Corporate guaranteed lease.
    • Minimal landlord responsibilities; NNN lease.
    • 9,100 SF building on a 1.5‑acre lot.
    • Built in 2008.
    • High‑traffic location on Bluffton Road (12,534 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1688768
    Latitude
    41.0252509

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    FAQs

    What type of property is this?
    Individual retail property - Profitable Dollar General investment. High traffic location.
    Where is this individual retail property located?
    The property is located at 6320 Bluffton Rd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,030,000.
    What are key features of this property?
    This property features: Strong credit tenant, Dollar General.; Corporate guaranteed lease.; Minimal landlord responsibilities; NNN lease.
    Request Owner's contact information
    6320 Bluffton Rd Fort Wayne, IN 46809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6320 Bluffton Rd Fort Wayne, IN 46809
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