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    4122 Lima Rd Fort Wayne, IN 46805

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    For Lease
    Contact for pricing

    Fort Wayne retail space near Glenbrook Square.

    Lot size:
    254,264 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Glenbrook Commons, located at 4122 Lima Rd, Fort Wayne, IN 46805, offers exceptional retail leasing opportunities. This single-story, 254,264 square foot shopping center, built in 1987, features a multiple-tenancy configuration with only two suites currently available. Spaces range from a minimum of 1,352 square feet to a maximum contiguous space of 10,828 square feet, providing flexibility for various business needs. The property is zoned SC (Shopping Center) and boasts ample storefront parking. Its strategic location adjacent to Glenbrook Square Mall, a major super-regional shopping destination, provides access to a substantial trade area encompassing an 8-county, 100-mile radius. This high-traffic location benefits from the presence of strong anchor tenants including Dunham's Sports, Burlington Coat Factory, Ross Dress for Less, Dollar Tree, and Ollie's. Lease rates are negotiable. A total of 12,210 square feet is currently vacant.

    Property Features for 4122 Lima Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    254,264 SF

    Building Details

    Year Built
    1987
    Stories
    1

    Unit(s) available at that property

    Space
    Suite A - 5/6
    Size
    10,828 SF

    HighLights

    • 1,382 SF and 3,000 SF - 10,828 SF spaces available.
    • High‑traffic location adjacent to Glenbrook Square Mall, a major Indiana shopping center.
    • Extensive trade area encompassing 8 counties within a 100‑mile radius.
    • Strong tenant mix including Dunham's Sports, Burlington, Ross Dress for Less, Dollar Tree, and Ollie's.
    • Lease rates are negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Claire's Fashion Accessories Store US Navy Enlisted ... Military Recruiting Office Goodwill Industries - Lima ... Thrift Store Self Storage Self-Storage Facility US Armed Forces ... Military Recruiting Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1444654
    Latitude
    41.1151105

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    FAQs

    What type of property is this?
    Neighborhood center - Fort Wayne retail space near Glenbrook Square.
    Where is this neighborhood center located?
    The property is located at 4122 Lima Rd Fort Wayne, IN.
    What are key features of this property?
    This property features: 1,382 SF and 3,000 SF - 10,828 SF spaces available.; High-traffic location adjacent to Glenbrook Square Mall, a major Indiana shopping center.; Extensive trade area encompassing 8 counties within a 100-mile radius.
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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
    4122 Lima Rd Fort Wayne, IN 46805
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