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    10330 Leo Rd Fort Wayne, IN 46825

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Retail Space Available

    Lot size:
    50,094 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Leo Crossing Shopping Center offers 50,094 square feet of Class A retail space in a highly sought-after Allen County location. This multi-tenant strip center, built in 1994 and renovated in 2022, boasts six one-story buildings situated on a 3.94-acre lot with abundant parking. Currently, 2,149 square feet are available for lease, including a 1,750 square foot space. The center enjoys exceptional visibility and accessibility at the intersection of Tonkel and Dupont/Leo Road (SR 1), drawing traffic from Fort Wayne, Leo, Cedarville, and Grabill. Its strategic location along a major retail corridor, with convenient access from Mayhew Road and Old Leo Road, ensures high traffic volume and foot traffic. The property is zoned C-3 (Commercial) and features the APN 02-08-04-201-001.000-063. This is an unparalleled opportunity to establish a business in a thriving retail environment with significant growth potential. The surrounding area is experiencing rapid residential development, further enhancing the center's appeal and long-term prospects.

    Property Features for 10330 Leo Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,094 SF
    Class
    A
    Total Rate
    62617.5

    Building Details

    Year Built/Renovated
    1994/2022
    Buildings
    6
    Stories
    1

    Unit(s) available at that property

    Space
    10376 Leo Rd, Suite D
    Size
    1,750 SF
    Rate per SF
    $15

    HighLights

    • Class A retail strip center totaling 50,094 square feet.
    • 1,750 square feet of vacant storefront space available.
    • Located at the intersection of Tonkel and Dupont/Leo (SR 1) Roads in Allen County, Indiana.
    • 3.94‑acre site with abundant parking.
    • Six buildings, one story each, built in 1994 and renovated in 2022.
    • Zoned C‑3 (Commercial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Phil's One Stop Convenience Store Marathon Gas Gas Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.074892348541
    Latitude
    41.179864655894

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available
    Where is this neighborhood center located?
    The property is located at 10330 Leo Rd Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Class A retail strip center totaling 50,094 square feet.; 1,750 square feet of vacant storefront space available.; Located at the intersection of Tonkel and Dupont/Leo (SR 1) Roads in Allen County, Indiana.
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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
    10330 Leo Rd Fort Wayne, IN 46825
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