Fort Wayne Portfolio | Fort Wayne, IN
For Sale
Fort Wayne Portfolio | Fort Wayne, IN
- Net Operating Income: $853,067
- Weighted Avg. Lease Term (WALT): 4.55 Years
- Lease Type: Net
Property Highlights
- Two multi-tenant retail buildings located along the primary retail corridor in Fort Wayne, IN. The properties are situated less than one mile apart, offering strong visibility and ease of accessibility
- A buyer will have to assume the attractive CMBS loan with 6+ years remaining and a 4.351% interest rate
- The properties feature a complimentary mix of food, user, service, and traditional retailers that are all signed to landlord favorable net-leases. The portfolio maintains a strong WALT exceeding 4.5 years
- 407 W. Coliseum was constructed in 2019 and features high-quality, modern construction. Meanwhile, 401 E. Coliseum underwent significant renovations in 2018, including new façade upgrades, storefronts, signage, electrical systems, patios, HVAC, and more