Contacts

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%

Getting around

25/100
Walk Score ®
36/100
Transit Score ®
45/100
Bike Score ®

Powered by Walk Score ®

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.