6320 Bluffton Rd, Fort Wayne, IN 46809
9,100 SF retail building with strong tenant in Fort Wayne.
- Added:
- Nov 16, 2022
- Days on Market:
- 1306
- Last Refresh:
- May 20 at 8:21 pm
Property Features for 6320 Bluffton Rd
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agent Evan Rubin License #IN RB16000634
Listing office The Zacher Company
Listing date Nov 16, 2022
Source Crexi
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
HighLights
- Strong credit tenant with corporate guaranteed lease.
- High‑visibility location on Bluffton Rd. with 11,258 VPD.
- Modern construction (built in 2008) with 9,100 SF of space.
- Attractive 5.9% cap rate.
- Minimal landlord responsibilities.
- Located in the Southwest area of Fort Wayne, IN.
Overview
Local Financial Insights For Retail
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 | $136.5k | $15.00 |
| − Vacancy | −$11.6k | −$1.28 |
| EGI | $124.9k | $13.73 |
| − OpEx | −$37.5k | −$4.12 |
| NOI | $87.4k | $9.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1682989
- Latitude
- 41.0253433
