7528 Anthony Blvd Fort Wayne, IN 46816-2523

This exceptional commercial land opportunity presents 20,038 square feet of vacant land situated on a 0.46-acre lot at 7528 S Anthony Boulevard in Fort Wayne, Indiana, 46816. Currently listed at $3,300,000, this property offers significant potential for various commercial ventures. The property's previous use included a triple-net lease with a national fitness center tenant, generating a substantial annual income of $208,010 (at a 6.03% cap rate) under a lease expiring in October 2029, with subsequent five-year renewal options and a 5% rent increase. The assessed value of the building is 98.7% of the total assessed value, a factor that may offer significant tax advantages for the buyer, though independent tax advice is recommended. This property is ideal for developers or investors seeking a high-return investment in a prime Fort Wayne location. The property is vacant and ready for immediate development or redevelopment, offering flexibility for a wide range of commercial uses. Its strategic location in Allen County provides excellent visibility and accessibility. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving market. Serious inquiries are encouraged.