Contacts

Evan Rubin

The Zacher Company

Property Details

Property Type Retail - Street Retail
Property Size 14,698 SF
Lot Size 2.14 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Year Built 1999
Date Updated Dec 20, 2024

Situated in the vibrant Northeast market of Fort Wayne, IN, the area surrounding the property offers an appealing opportunity for retail investors. Notable nearby attractions include the popular Glenbrook Square, a premier shopping destination featuring a diverse collection of national retailers, and the bustling Northwood Plaza, known for its vibrant mix of dining and retail options. With a strong residential presence and convenient access to major roadways, the area consistently draws in a steady flow of visitors and shoppers. Positioned in this thriving retail hub, the property presents an enticing opportunity to capitalize on the potential of the Northeast market.Presenting an exceptional opportunity for retail investors, this 14,698 SF property in Northeast Fort Wayne, IN offers a prime location and strong investment potential. With a recent 5-year extension and 2 renewal options, a stable, creditworthy national tenant, and a NNN lease structure with minimal landlord responsibilities, this property ensures a consistent income stream. Occupied by Phantom Fireworks since 2006 and enjoying excellent visibility with high traffic counts on Lima Rd, this asset offers strategic value. Situated on 2.14 acres of land, with an additional 1.18-acre outparcel available, this property also presents opportunities for expansion and development. Don't miss out on this compelling retail investment opportunity, offered at a competitive sale price.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Recent 5 year extension with 2 renewal options
Strong credit national tenant
NNN lease with minimal landlord responsibilities
Phantom Fireworks has occupied since 2006
Great visibility with high traffic counts on busy Lima Rd.
14,698 SF on 2.14 Acres
Additional 1.18 Acre outparcel available
Sale Price: $1,750,000

Attachments

Offering Memorandum (PDF) opens in new window

Getting around

41/100
Walk Score ®
21/100
Transit Score ®
60/100
Bike Score ®

Powered by Walk Score ®

City Fort Wayne, IN
Neighborhood Millstone
Zip Code 46825
Market Fort Wayne

Points of Interest

Lassus Handy Dandy

0.10 miles
Shell

0.70 miles
Sam's Club

1.21 miles
Marathon

1.26 miles
Tesla Supercharger

1.31 miles
Meijer Gas

1.37 miles
Murphy USA

1.38 miles
Speedway

1.55 miles
Sweetwater Supercharger

3.35 miles
ChargePoint

5.11 miles

Summit Park Trail Parking - Ludwig Road

1.35 miles
Pufferbelly Trail Parking - Ludwig Road

1.52 miles
Jehovah's Wittnesses

2.56 miles
Envision Church Parking

2.71 miles
Parking Garage 3

3.87 miles
Lot 7

3.88 miles
Lot 16

3.91 miles
Lot 15

3.97 miles
Lot 11

4.02 miles
Lot 8

4.03 miles

Wendy's/Handy Dandy

0.08 miles
Lima Rd. Bar & Grill

0.34 miles
Lucille’s BBQ

0.40 miles
Domino's Pizza

0.70 miles
Cosmo's

1.09 miles
Subway

1.10 miles
McDonald's

1.14 miles
McAlister's Deli

1.15 miles
B. Antonio's Pizzeria

1.17 miles
Arby's

1.17 miles

ALDI

1.15 miles
Walmart Supercenter

1.34 miles
Meijer

1.34 miles
Kroger

2.26 miles
M Mart Oriental Grocery

2.28 miles
Ross

2.98 miles
TJ Maxx

3.09 miles
Kohl's

3.15 miles
Fresh Thyme

3.17 miles
Glenbrook Square

3.17 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.