4021 Ice WayFort Wayne, IN 46805
- Retail properties
- 2.70 AC
Property Details for 4021 Ice Way
- Year built
- 2017
- Lot size
- 2.70 AC
- Property type
- Retail properties
- Property subtype
- Lifestyle centers
Description
Exceptional investment opportunity in Fort Wayne, Indiana, presents the Shoppes at Ice Way, a thriving shopping center. This single-story, 13,806 square foot building, constructed in 2017, sits on a 2.7-acre lot and boasts 100% occupancy with four tenants. The property enjoys a prime location at 4021-4037 Ice Way, benefiting from high visibility near the major intersection of Coliseum Blvd. and Lima Road, experiencing over 43,000 vehicles per day. Its proximity to the Ice House/Fieldhouse, attracting over 1,500,000 visitors annually, further enhances its desirability. The property is zoned I2 and offers a strong net lease investment with a current annual net operating income (NOI) of $211,687, resulting in a compelling 7.40% capitalization rate. This well-maintained shopping center represents a rare opportunity to acquire a high-performing asset in a dynamic market. The asking price is $2,860,000. All financial information is pro-forma unless otherwise stated.
Location Insight
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Latitude
- 41.115
- Longitude
- -85.1475
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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