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    6302 State Blvd Fort Wayne, IN 46815

    Sponsored
    For Lease
    $8 SF/Yr

    Fort Wayne retail space, prime location.

    Lot size:
    215,583 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Georgetown Square, located at 6302 E State Blvd, Fort Wayne, IN 46815, presents a compelling retail investment opportunity. This Class B shopping center, built in 1970, comprises four single-story buildings totaling 215,583 square feet on a 23.56-acre lot (APN: 02-08-34-151-004.000-072). Currently, 30,664 square feet of retail space is available, divisible into units ranging from 2,000 to 17,100 contiguous square feet, making it suitable for a variety of tenants. The property boasts a strong tenant mix, including a Kroger anchor store, and benefits from high visibility at the corner of East State Boulevard and Maplecrest Road, a busy retail corridor in northeast Fort Wayne. The center offers ample parking with numerous curb cuts for easy access. Zoned SC, Georgetown Square provides pylon and building signage opportunities. This property is an excellent choice for businesses seeking a high-traffic location in a well-established shopping center. The property features no elevators.

    Property Features for 6302 State Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    215,583 SF
    Class
    B
    Total Rate
    143722

    Building Details

    Year Built
    1970
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    56 (6718)
    Size
    6,125 SF
    Rate per SF
    $10
    Space
    12 (6412)
    Size
    3,240 SF
    Rate per SF
    $12
    Space
    16 (6346)
    Size
    4,452 SF
    Rate per SF
    $10
    Space
    37 (6536)
    Size
    5,400 SF
    Rate per SF
    $14
    Space
    17 (6404)
    Size
    12,648 SF
    Rate per SF
    $8
    Space
    35/36
    Size
    6,000 SF
    Rate per SF
    $10
    Space
    40 (6524)
    Size
    3,000 SF
    Rate per SF
    $10

    HighLights

    • High‑end, well‑maintained shopping center with excellent vehicular and pedestrian traffic.
    • Suitable for restaurants, offices, and retail tenants.
    • Strong demographics in a vibrant retail area.
    • Units 16, 17, and 18 combinable for a total of 30,664 square feet.
    • Units 35 & 36 currently combined, divisible upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flagstar Bank Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.0596695
    Latitude
    41.1000431

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    FAQs

    What type of property is this?
    Retail property - Fort Wayne retail space, prime location.
    Where is this retail property located?
    The property is located at 6302 State Blvd Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $8-$14 SF/Yr.
    What are key features of this property?
    This property features: High-end, well-maintained shopping center with excellent vehicular and pedestrian traffic.; Suitable for restaurants, offices, and retail tenants.; Strong demographics in a vibrant retail area.
    Request Owner's contact information
    6302 State Blvd Fort Wayne, IN 46815
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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
    6302 State Blvd Fort Wayne, IN 46815
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