INVESTMENT PROPERTY FOR SALE - images1.loopnet.com · Acorn Realty -Love, Katiedid -Talent Avenue -Subway Wizard's World -Nine House -From This Day Forward (2 spaces) Building Information

INVESTMENT HIGHLIGHTS

Capitalization Rate - 9.9%

2019 Net Operating Income - $39,050 2020 Projected NOI - $46,200

Upside Potential

90% Leased

7 Tenants

Growing Area, Close Proximity To Fort Wayne

Well Maintained Building

For Sale - $466,000

INVESTMENT PROPERTY FOR SALE

14601 - 14625 LIMA ROAD FORT WAYNE, INDIANA

1021 S. Calhoun Street | Suite One Fort Wayne, IN 46802 (260) 407-0900 | www.bnd.net

O. Karl Behrens, CCIM, SIOR Direct: (260) 407-7115 Cell: (260) 410-3627 [email protected]

Phil Knapke Direct: (260) 421-1943 Cell: (260) 433-6399 [email protected]

Co

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ate

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Dupont Road

Lim

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oa

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Au

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d

Cedar Canyon Elementary School

Union Chapel Road

Carroll Road

Hathaway Road

Maple Creek Middle School

Oak View & Perry Hill Elementary Schools

Huntertown Elementary School

Carrol High School

Northrop High School

SITE






Huntertown Elementary School






E

A

B

C

D

F

G

H

I

J

Tenants

A - From This Day Forward

B - Nine House

C - Wizard’s World

D - Subway

E - From This Day Forward

F - Talent Avenue

G - Vacant

H - Vacant

I - Love, Katiedid

J - Acorn Realty











Property Information

Parcel ID’s 02-02-19-227-007.000-058, 02-02-19-277-003.000-058

Address 14601 - 14625 Lima Rd

City/State/Zip Huntertown, IN 46748

Sale Price $466,000

Cap Rate 9.9 % - Upside Potential

Estimated NOI $46,200

Lease Length Month to Month

Occupancy (7 Tenants) Acorn Realty - Love, Katiedid - Talent Avenue - Subway Wizard's World - Nine House - From This Day Forward (2 spaces)

Building Information

Building Size 11,100 Total SF / 222’ x 50’

Land Area ± 1.45 Acres

Zoning C-3 / General Commercial

Construction Type Wood Frame

Construction Year 1996

Number of Floors One

Roof Metal

Heating System Gas forced - Five Units

Air Conditioning Central Air - Five Units

Electric Separately Metered

Sprinkler System No

Parking Shared Parking - 63 Spaces

Building Dimensions 222’ x 50’

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.






Documents

INVESTMENT PROPERTY FOR SALE - images1.loopnet.com · Acorn Realty -Love, Katiedid -Talent Avenue -Subway Wizard's World -Nine House -From This Day Forward (2 spaces) Building Information