1721 Magnavox Way

For Sale

1721 Magnavox Way, Fort Wayne, IN 46804

This Fort Wayne property for sale is located at 1721 Magnavox Way. The general use of 1721 Magnavox Way is office and it incorporates 20,000 square feet of class B office space. The current listed sale price for 1721 Magnavox Way is $11,000,000. 1721 Magnavox Way is situated on a lot that is 2.38 acre in size.

Contacts

broker

Matt Carroll

ALO Property Group

Property Details

  • Property Type Office - Medical Office
  • Property Size 20,000 SF
  • Lot Size 2.38 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 67
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1979
  • Year Renovated 2022
  • Date Updated Oct 21, 2024
This premier surgery center is located just south of the Getz Road and Illinois Road intersection and situated less than half a mile from the SR-14 and I-69 interchange. The surrounding demographic market is supported by an affluent economic base with above average household incomes and strong population growth. The unparalleled access to major thoroughfares and close proximity to retail and interstate highways provides ideal access for both doctors and patients.Encompassing approximately 20,000 square feet, this independent Surgery Center is fully occupied by Surgery Center of Fort Wayne whose surgical specialties are focused on spine, total joint, and pain procedures. This opportunity boats optimal return potential with a 15-year leaseback upon completion of the sale, making it a strategic acquisition for investors seeking a recession resistant asset with a long-term stabilized NOI. The property is specifically designed and equipped for orthopedic surgery inclusive of preoperative areas, full-service operating rooms, post-surgery recovery areas, and medical office suites.

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Highlights

  • Orthopedic surgery center featuring extensive on-site equipment, including MRI suites and CT scanners.
  • Situated in a commercial park on the southwest side of Fort Wayne, offering strong demographics and high traffic counts.
  • In close proximity to Apple Glen, Jefferson Pointe, and Orchard Crossing shopping centers.
  • Roughly half a mile from the I-69 exit.
  • Near Lutheran Hospital and the VA Northern Indiana Health Care System.

Getting around

  • 44/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 43/100

    Bike Score ®

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Location

  • City Fort Wayne, IN
  • Neighborhood Wilmarbee
  • Zip Code 46804
  • Market Fort Wayne

Points of Interest

  • Fort Wayne, IN - Illinois Road Supercharger

    0.32 miles

  • Speedway

    0.36 miles

  • Meijer

    0.39 miles

  • BP

    0.67 miles

  • Murphy USA

    1.08 miles

  • Lassus Handy Dandy

    1.75 miles

  • Valero

    2.35 miles

  • Marathon Gas

    2.93 miles

  • Marathon

    3.15 miles

  • Shell

    3.53 miles

  • Lindenwood Nature Preserve Parking

    2.25 miles

  • New Zion Church Parking

    3.12 miles

  • Block West. Parking off Webster & Wayne St.

    4.20 miles

  • Harrison Square Garage

    4.20 miles

  • Washingnton Street Parking Garage

    4.25 miles

  • Wells Fargo Indiana Center

    4.33 miles

  • Civic Center Parking Garage

    4.35 miles

  • Jehovah's Wittnesses

    4.84 miles

  • Summit Park Trail Parking - Ludwig Road

    5.43 miles

  • Envision Church Parking

    5.65 miles

  • Klopfenstein Inn And Suites

    0.32 miles

  • Fairfield Inn & Suites Fort Wayne Southwest

    2.32 miles

  • Residence Inn Fort Wayne

    2.41 miles

  • Comfort Suites South

    3.00 miles

  • Hampton Inn

    3.04 miles

  • Hilton Garden Inn

    3.08 miles

  • Extended Stay America

    3.11 miles

  • Homewood Suites by Hilton

    3.12 miles

  • Holiday Inn Express Hotel & Suites

    3.20 miles

  • Staybridge Suites

    3.22 miles

  • Meijer

    0.28 miles

  • The Fresh Market

    0.71 miles

  • Kohl's

    0.95 miles

  • Walmart Supercenter

    0.97 miles

  • Target

    1.03 miles

  • ALDI

    1.20 miles

  • Von Maur

    1.26 miles

  • Trader Joe's

    1.33 miles

  • Marshalls

    1.38 miles

  • Big Lots

    1.49 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.

Contact Listing Broker

broker

Matt Carroll

ALO Property Group