Shorewood Shops

For Sale

9906 - 9908 Illinois Road, Fort Wayne, IN 46804

This Fort Wayne property for sale is located at 9906 - 9908 Illinois Road. The current listed sale price for Shorewood Shops is $5,300,000. Shorewood Shops is situated on a lot that is 3.34 acre in size.

Contacts

broker
Neal Bowman

Sturges Property Group

broker
Philip Hagee

Sturges Property Group

broker
Ian Smith

Sturges Property Group

Property Details

  • Property Type Retail
  • Property Size 24,000 SF
  • Lot Size 3.34 Acre
  • Zoning NC
  • # of Floors 1
  • Parking Spaces Avail. 135
  • Parking Ratio 5.63 / 1,000 SF
  • Year Built 2007
  • Year Renovated 2020
  • Date Updated Mar 4, 2025
  • Visibility/Traffic Count (VPD) 24,900
  • 100% leased retail investment opportunity in southwest Fort Wayne
  • Monument and façade signage available

Shorewood Shops is a multi-tenant neighborhood shopping center in Fort Wayne, Indiana. The building was completed for occupancy in 2007 and has received extensive renovations to tenant spaces and building since 2020

The property is conveniently located on Illinois Road/SR 14, the major east-west corridor through the southwest portion of Fort Wayne, just west of I-69. The property is easily accessible via multiple access points to Illinois Road and a secondary access point to Scott Road.

This property offers an owner/investor stable cash flow in a highly desirable retail submarket. Income demographics are some of the highest in the state with an average household income of $121,678. Retail vacancy rates within the submarket have historically been much lower than other similar submarkets within the region. The area is experiencing tremendous growth with several new retail, medical, and residential developments within close proximity.

Shorewood Shops has a diverse tenant mix, which includes national retailers Verizon Wireless, F45 Training, and Great Clips. Medical users include Priority Endodontics, TMJ & Sleep Therapy, and Focus Eyecare. Tenants also include a mix of other local retailers and restaurants.

The leases are landlord-friendly and all suites are professionally managed. All tenants reimburse CAM, real estate taxes, and insurance. Recent improvements to the building include new HVAC rooftop units and new sidewalks. Nearby retailers include Kroger, Starbucks, CVS, Walgreens, Pizza Hut, Burger King, and Do It Best.

The property is located in one of the highest income areas in the state of Indiana, with an average household income of $121,678. Less than a mile to the north, multiple subdivisions are being developed which will add additional homes to an already robust poulation density.

To sign a confidentiality agreement and view detailed financial information on Shorewood Shops, please contact Neal Bowman, Philip Hagee, or Ian Smith.

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Getting around

  • 63/100

    Walk Score ®

  • 65/100

    Bike Score ®

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Location

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

Points of Interest

  • Marathon

    2.65 miles

  • Speedway

    2.65 miles

  • Fort Wayne, IN - Illinois Road Supercharger

    2.76 miles

  • Meijer

    2.82 miles

  • BP

    2.93 miles

  • Murphy USA

    3.71 miles

  • Lassus Handy Dandy

    4.32 miles

  • Sweetwater Supercharger

    4.60 miles

  • Valero

    4.76 miles

  • Tesla Supercharger

    7.12 miles

  • Lindenwood Nature Preserve Parking

    4.76 miles

  • Jehovah's Wittnesses

    5.50 miles

  • New Zion Church Parking

    5.51 miles

  • Summit Park Trail Parking - Ludwig Road

    6.70 miles

  • Block West. Parking off Webster & Wayne St.

    6.77 miles

  • Harrison Square Garage

    6.79 miles

  • Washingnton Street Parking Garage

    6.83 miles

  • Wells Fargo Indiana Center

    6.90 miles

  • Civic Center Parking Garage

    6.93 miles

  • Cell Phone Lot

    7.29 miles

  • Burger King

    0.25 miles

  • McDonald's

    0.28 miles

  • Subway

    0.28 miles

  • DQ Grill & Chill

    0.29 miles

  • IHOP

    2.68 miles

  • Tequila Mexican Restaurant & Cantina

    2.71 miles

  • Moe's Southwest Grill

    2.71 miles

  • Pho-Shi Asian Fusion Restaurant

    2.71 miles

  • Jack's Donuts

    2.71 miles

  • Jimmy John's

    2.72 miles

  • Kroger

    0.28 miles

  • The Fresh Market

    2.71 miles

  • Meijer

    2.84 miles

  • Scott's

    2.88 miles

  • Target

    3.51 miles

  • Kohl's

    3.54 miles

  • Walmart Supercenter

    3.60 miles

  • ALDI

    3.74 miles

  • Von Maur

    3.88 miles

  • Trader Joe's

    3.94 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.

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