Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
1630 Northland Blvd.
Fully Leased Phantom Fireworks Fort Wayne Investment
Listing Contacts
License: IN RB16000634, IN
License: IL 475.193382, RB 18001659
Active
Asking Price: $1,750,000
Address
1630 Northland Blvd, Fort Wayne, IN 46825
Show on MapDate Added
Nov 20, 2023
Days on Market
517 days
Time Since Last Update
16 days
Details
Property TypeRetail
SubtypeStorefront
Lease Expiration09/30/2027
Remaining Term2.4 years
Square Footage14,698
Net Rentable (sq ft)14,698
Price/Sq Ft$119.06
Cap Rate6.51%
OccupancyVacant
NOI$114,000
Year Built1999
Buildings1
ZoningNC/Neighborhood Center
Lot Size (acres)2.14
APN02-07-10-251-001.000-073
INTELLIGENCEMarketing Description
Recent 5 year extension with 2 renewal options
Strong credit national tenant
NNN lease with minimal landlord responsibilities
Phantom Fireworks has occupied since 2006
Great visibility with high traffic counts on busy Lima Rd.
14,698 SF on 2.14 Acres
Additional 1.18 Acre outparcel available
Sale Price: $1,750,000
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,000.00
$9,500.00/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
6.51%
Cap Rate
6.51%
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
- License: IN RB16000634, IN
- License: IL 475.193382, RB 18001659
Similar Properties for Sale
$760,000
7709 Lima Rd
Ideal location for business exposuare of all types, 42,000 cars a day
7709 Lima Rd Fort Wayne, IN 46818
$575,000
9000 Blk Lima Rd.
Land • 0.8 acres
9000 Blk Lima Rd Fort Wayne, IN 46818
$275,000
1508 N Hill Drive
Retail
1508 N Hill Dr Fort Wayne, IN 46825
$4,000,000
Former Gander Mountain
Retail • 0.00% CAP • 31,080 SF
6043 Lima Rd Fort Wayne, IN 46818
$1,000,000
"Fully Improved Development Site" at Coldwater Crossing
Land • 2 acres
5507 Coldwater Rd Fort Wayne, IN 46825
$1,300,000
5701 Coldwater Rd.
3,105 SF Drive-Thru Restaurant For Sale
5701 Coldwater Rd Fort Wayne, IN 46825
$395,000
9163 Auburn Road
Retail
9163 Auburn Road Fort Wayne, IN 46825
$3,724,380
Roller Dome Redevelopment
Roller Dome Redevelopment • 444 W Coliseum Blvd & 4515-4517 Industrial Rd - 169,448 SF
444 Coliseum Blvd W Fort Wayne, IN 46805
Opportunity Zone
Unpriced
Multi-state Retail Portfolio
662,257 SF Retail Portfolio • 40 Properties • 7 States • MI • FL • IL • IN • VA • MO • NC
40 LOCATIONS
$699,000
1942 E. Dupont Road
Retail • 0.00% CAP • 2,088 SF
1942 E Dupont Rd Fort Wayne, IN 46825
$1,000,000
Coldwater Road Auto Service Facility
Auto Service Facility Built Out For Quick Service Oil Change
4535 Coldwater Rd Fort Wayne, IN 46825
See more properties for sale in Fort Wayne
Additional Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .