Park 3000

For Sale

2980 - 2990 E. Coliseum Blvd., Fort Wayne, IN 46805

This Fort Wayne property for sale is located at 2980 - 2990 E. Coliseum Blvd.. The general use of Park 3000 is office and it incorporates 60,040 square feet of class B office space. The current listed sale price for Park 3000 is $7,000,000. Park 3000 is situated on a lot that is 5.51 acre in size.

Contacts

broker
Fletcher S. Moppert

The Zacher Company

Property Details

  • Property Type Office - General Office
  • Property Size 60,040 SF
  • Units 2
  • Lot Size 5.51 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 200
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1959
  • Year Renovated 2018
  • Date Updated Nov 15, 2024
Immerse yourself in the thriving Northeast market of Fort Wayne, IN, at Park 3000. This dynamic location offers close proximity to Purdue University Fort Wayne, providing a robust talent pool and collaborative opportunities for office or office building investors. The area also boasts a range of dining, retail, and recreational destinations, ensuring convenience and vibrant surroundings for businesses and their employees. With easy access to major transportation routes, Park 3000 presents an ideal setting for businesses seeking a well-connected and flourishing environment. Experience the potential of this vibrant location for your office investment.Introducing the prime investment opportunity at 2980-2990 E. Coliseum Blvd. in Fort Wayne, IN. This distinguished property boasts a 60,040 SF building comprised of 2 units, meticulously renovated in 2018. Ideal for Office/Office Building investors, it is 100% occupied with a triple net lease offering 4 years remaining. Boasting a coveted location adjacent to Purdue Fort Wayne Business School, the property's iconic setting features ponds, fountains, and walking paths. With an impressive NOI of $660,440 and a competitive cap rate of 9.4%, this compelling opportunity is offered at a sale price of $7,000,000 ($117 psf).
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Highlights

  • Triple net lease with 4 years remaining on original lease
  • Iconic location, ponds, fountains and walking paths
  • Near banks, restaurants, hotels & shopping
  • Adjacent to Purdue Fort Wayne Business School
  • NOI: $660,440
  • Sale price : $7,00,000 ($117 psf)
  • Cap rate: 9.4%

Attachments

Getting around

  • 25/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fort Wayne, IN
  • Neighborhood Frances Slocum
  • Zip Code 46805
  • Market Fort Wayne

Points of Interest

  • Marathon Gas

    0.24 miles

  • Lassus Handy Dandy

    0.68 miles

  • Speedway

    0.69 miles

  • North Anthony Gasway

    0.72 miles

  • ChargePoint

    1.04 miles

  • Shell

    1.34 miles

  • Kroger

    1.39 miles

  • Marathon

    1.48 miles

  • BP

    1.49 miles

  • Citgo

    1.57 miles

  • Lot 3

    0.42 miles

  • Lot 9001

    0.45 miles

  • Lot 2

    0.48 miles

  • Parking Garage 1

    0.52 miles

  • Lot 4

    0.52 miles

  • Lot 9

    0.55 miles

  • Lot 8

    0.58 miles

  • Parking Garage 2

    0.62 miles

  • Lot 11

    0.70 miles

  • Lot 13

    0.72 miles

  • Holiday Inn Fort Wayne-IPFW & Coliseum

    1.12 miles

  • Magnuson Hotel Fort Wayne North-Coliseum

    1.66 miles

  • Coliseum Inn

    1.83 miles

  • TownePlace Suites Fort Wayne North

    2.32 miles

  • Deluxe Inn Motel

    2.34 miles

  • Sonesta Select Fort Wayne

    2.45 miles

  • Ramada

    2.49 miles

  • Travelers Inn

    2.81 miles

  • The Bradley

    2.85 miles

  • Hawthorn Suites by Wyndham Fort Wayne

    2.87 miles

  • Kroger

    1.42 miles

  • Kohl's

    1.52 miles

  • Shoppes of Coventry

    1.57 miles

  • TJ Maxx

    1.64 miles

  • Fresh Thyme

    1.71 miles

  • Macy's

    1.83 miles

  • Target

    1.85 miles

  • ALDI

    1.85 miles

  • JCPenney

    1.88 miles

  • Glenbrook Square

    1.91 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
Fletcher S. Moppert

The Zacher Company