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11635 Coldwater Rd

4,970 SF Office Building Fort Wayne, IN 46845 £1,395,741 (£281/SF) 6.50% Net Initial Yield

Investment Highlights

  • FULLY LEASED - PRIME INVESTMENT
  • Fully Built Out as Professional Medical Services Office
  • Very Well Maintained with Recent Renovations

Executive Summary

- Prime Investments opportunity - 100% Leased
- Very Well Maintained with Recent Renovations
- Fully Built Out as Professional Medical Services Office
- 3 Private Offices, 10 Medical exam rooms & 2 Workstations

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,970 SF
Building Class
C
Year Built
2004
Price
£1,395,741
Price Per SF
£281
Net Initial Yield
6.50%
NOI
£90,710
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,970 SF
Building FAR
0.15
Land Acres
0.75 AC
Zoning
C1 - Commercial
Parking
34 Spaces (6.84 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Fort Wayne Dermatology Consultants
  • -
  • 4,970 SF
  • -
  • Triple Net
  • Jun 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Fort Wayne Dermatology Consultants - 4,970 SF - Triple Net Jun 2028

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-02-33-228-010.002-091
Land Assessment
£192,288
Improvements Assessment
£374,781
Total Assessment
£567,069
  • Listing ID: 30606165

  • Date on Market: 08/01/2024

  • Last Updated:

  • Address: 11635 Coldwater Rd, Fort Wayne, IN 46845

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