Renovated Fort Wayne Investment
2980 - 2990 E Coliseum Blvd. Fort Wayne, IN 46805
For Sale
Contact for pricing
60,040 SF building, renovated in 2018, 100% occupied.
Property Size60,040 SF
Price / SF$108.26
Days on Market809
Property Features for 2980 - 2990 E Coliseum Blvd.
General Information
- Standard status
- Active
- Size
- 60,040 SF
- Property subtype
- Office
Building Details
- Year Built
- 1959
Listing Agency:
The Zacher Company
Listed By:
Fletcher Moppert · License #IN
Source:
Crexi
Added: May 7, 2024
Changed: Jul 10
Last Checked: Jul 23 at 2:58PM
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
Investment Insights
Based on property information with market context.
Located at 2980-2990 E. Coliseum Blvd. in Fort Wayne, IN, this property offers a 60,040 SF building comprised of 2 units, renovated in 2018. Suited for Office or Office Building investors, the property is 100% occupied with a triple net lease offering 3 years remaining. The location is adjacent to Purdue Fort Wayne Business School and features ponds, fountains, and walking paths. The property is located in the Northeast market of Fort Wayne, IN, at Park 3000, and offers close proximity to Purdue University Fort Wayne. The area also boasts a range of dining, retail, and recreational destinations. With easy access to major transportation routes, Park 3000 presents an ideal setting for businesses seeking a well-connected and flourishing environment.
Key Highlights
- High Net Operating Income (NOI) of $660,440 and a competitive 9.4% cap rate.
- 100% occupied with a triple net lease offering 3 years remaining.
- Prime location adjacent to Purdue Fort Wayne Business School.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Intellectual Technology Inc
(Bike/Boat/Book/etc) Store
Former GTE Office ...
Corporate Office
FAQs
What type of property is this?
Office building - 60,040 SF building, renovated in 2018, 100% occupied.
Where is this office building located?
The property is located at 2980 - 2990 E Coliseum Blvd. Fort Wayne, IN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of $660,440 and a competitive 9.4% cap rate.; 100% occupied with a triple net lease offering 3 years remaining.; Prime location adjacent to Purdue Fort Wayne Business School.
