1721 Magnavox Way Fort Wayne, IN 46804
20,000 SF surgery center with 15-year leaseback opportunity.
Property size:
20,000 SFLot size:
2.37 AcresProperty Features for 1721 Magnavox Way
General Information
- Size
- 20,000 SF
- Lot size
- 2.37 Acres
Source:
Moodyscre
Listing Agent: Matt Carroll
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fort Wayne Surgery Center Investment
This approximately 20,000 square foot independent Surgery Center is fully occupied by Surgery Center of Fort Wayne, specializing in spine, total joint, and pain procedures. The property is specifically designed and equipped for orthopedic surgery, including preoperative areas, full-service operating rooms, post-surgery recovery areas, and medical office suites. It features extensive on-site equipment, including MRI suites and CT scanners. Located in a commercial park on the southwest side of Fort Wayne, the property benefits from strong demographics and high traffic counts. It is in close proximity to Apple Glen, Jefferson Pointe, and Orchard Crossing shopping centers and is roughly half a mile from the I-69 exit. The property is also near Lutheran Hospital and the VA Northern Indiana Health Care System. This opportunity offers optimal return potential with a 15-year leaseback upon completion of the sale, making it a strategic acquisition for investors seeking a recession-resistant asset with a long-term stabilized NOI.
Location Intelligence
Current Use by Public Records
Breanna Haglund
Doctor
Kara Hoover
Nurse Practitioner
Dr. Anthony Feher
Orthopedic Surgeon
Dr. Daniel Roth
Sports Medicine Physician
Zachary Weaver
General Practitioner
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.2217054
- Latitude
- 41.0692911
Nearby Similar for Sale
FAQs
What type of property is this?
Medical center - 20,000 SF surgery center with 15-year leaseback opportunity.
Where is this medical center located?
The property is located at 1721 Magnavox Way Fort Wayne, IN.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: - 15-year leaseback, providing long-term stabilized Net Operating Income (NOI).; - Fully occupied by Surgery Center of Fort Wayne, specializing in spine, total joint, and pain procedures.; - Specifically designed and equipped for orthopedic surgery, including preoperative areas, operating rooms, recovery areas, and medical office suites.