COMMERCIAL BUILDING FOR SALE OR LEASE 4541 ILLINOIS ROAD FORT WAYNE, INDIANA
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1 OVERVIEW: Total Building Space: Acreage: Zoning: 8,200 SF 1.36 Acres SC - Shopping Center Former restaurant (limited equipment remaining - ask Broker) Property is divisible Highly visible location in affluent SW Fort Wayne at Jefferson Pointe SC Convenient stoplight entrance / exit Lease Rate: $25 / SF / Entire building $32 / SF / Divided Space Sale Price: $2,500,000
2
3 SITE
4 Property Site Plan
5 Current Space Plan
6 Divisible Space Option Unit C 2,501 SF Unit A 2,227 SF Unit B 3,472 SF
7 Property Highlights Parcel Number Address 4541 Illinois Road City / State / Zip Fort Wayne / IN / Sale / Lease Available Space Total Building Size Land Size Zoning Number of Parcels Dimensions Sale 8,200 SF (divisible to 2,227 SF) 8,200 SF 1.36 Acres SC - Shopping Center One Frontage 371 Parking Irregular Traffic Count 24,000 VPD (2016) Nearest Highway Distance to Interstate Distance to Airport Former Use Exclusions 54 spaces plus cross easement parking with Jefferson Pointe Shopping Center US 24 / West Jefferson Blvd. Approx. 1 mile Approx. 20 miles Restaurant None The information contained herein was obtained from sources we believe to be reliable. We cannot be responsible, however, for errors, omissions, prior sale, withdrawal from the market or change in price. Broker makes no representation as to the environmental or structural condition of the property and recommends independent investigation by all parties.
8 Building Information Construction Type Wood joist / concrete Construction Year 2001 Number of Floors Roof Foundation Lighting Heating System Electric Air Conditioning Restrooms Kitchen One Flat Reinforced concrete Fluorescent Gas forced air 220V Central air Two Fully equipped - all appliances remain including vent hood system Utilities Company Gas Electric Water / Sewer NIPSCO I & M City of Fort Wayne 2017 DEMOGRAPHICS 1 Mile 3 Miles 5 Miles Population 3,993 44, ,973 Avg. H/H Income $53,632 $57,146 $58,321 The information contained herein was obtained from sources we believe to be reliable. We cannot be responsible, however, for errors, omissions, prior sale, withdrawal from the market or change in price. Broker makes no representation as to the environmental or structural condition of the property and recommends independent investigation by all parties.
9 Lease Information Lease Rate RSF / Year Lease Rate / Month Term of Lease $25/SF/NNN - If leasing entire 8,200 SF $32/SF/NNN - If leasing portion of divided space $17, / Month - 8,200 SF $ 5, / Month - 2,227 SF $ 9, / Month - 3,422 SF $ 6, / Month - 2,501 SF 5 year minimum Type of Lease Triple Net Sale Information Sale Price $2,500,000 Terms Cash at closing Annual Taxes $45, Tax Year / Pay Year 2016 / 2017 Building Expenses Responsible Party (Landlord / ) Utilities Property Tax Building Insurance Janitorial Roof / Structure Int. Maintenance Lawn / Snow Common Area Landlord Landlord The information contained herein was obtained from sources we believe to be reliable. We cannot be responsible, however, for errors, omissions, prior sale, withdrawal from the market or change in price. Broker makes no representation as to the environmental or structural condition of the property and recommends independent investigation by all parties.
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