Technical
Financial
Distress signals
Property profile

1000 S Thomas Rd Fort Wayne, IN 46804

FOR LEASE
Retail space
Property ID
US31-0778905
1,886 SF 16.76 ac lot Built 1900
Entity Owned 3-yr Hold Free & Clear
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1000 S Thomas Rd, Fort Wayne, IN 46804 For Lease
Contact for pricing 1,835 SF available
1000 S Thomas Rd, Fort Wayne, IN 46804
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1000 S Thomas Rd, Fort Wayne, IN 46804, within the vibrant Orchard Crossing power center. The property boasts a total of 130,100 square feet, offering multiple tenancy options. Currently, there are 3,434 square feet of vacant space available, divisible into units as small as 1,599 square feet, with a maximum contiguous space of 1,835 square feet. The property sits on a 0.277-acre lot and benefits from its strategic location in a high-traffic regional retail trade area in southwest Fort Wayne. This prime location is anchored by major retailers such as Target, Hobby Lobby, Trader Joe's, Walmart, Lowe's, Marshalls, Von Maur, Kohl's, and Chick-fil-A, ensuring high visibility and significant foot traffic. The existing 1,835 square foot outlot building presents a versatile space ideal for a variety of retail businesses. This is a rare opportunity to establish a presence in a thriving retail center with strong existing tenants and a proven track record of success. The property is situated in Allen County, Indiana, offering easy access to major transportation routes and a dense consumer base. Don't miss this chance to secure your place in one of Fort Wayne's most successful retail destinations.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 1,886 SF
Lot 16.76 ac (730,066 SF)
APN 02-12-05-376-015.000-074
UPID US31-0778905

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store Grocery & Convenience Store

Location

1000 S Thomas Rd Fort Wayne, IN 46804
Fort Wayne metro Census 11501 FORT WAYNE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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