www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24812455
24812451

7528 S Anthony Blvd, Fort Wayne, IN 46816

RB
IN RB14044276
ALO Property Group
Listed by ALO Property Group
$2,871,000
324 days on market
Updated 73 days ago

7528 S Anthony Blvd

Details
APN 02-12-36-226-008.003-074
Property Type Retail
Sub Type Strip Center
Square Footage 20,001
Cap Rate 7.25%
NOI $208,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 9.5
Price per SqFt $144
Year Built 1968
Year Renovated 2019
Acreage 0.46 - 9.9
Zoning SC
Parking Spaces 246 spaces
Parking Per SqFt 12.30
Investment Type Core
Lease Commencement 10/03/2019
Rent Commencement 10/31/2034
Ownership Fee Simple

Retail | 7.25% CAP | 20,001 SqFt

Marketing description

This offering presents the opportunity to acquire a 100% occupied, 20,001 square-foot single-tenant Planet Fitness located in the Fort Wayne MSA—Indiana’s second-largest city with stable and dense demographics. The property is listed at $2,871,000 and features 9.5 years remaining on the current lease, with an additional 5-year renewal option. Backed by a strong lease guarantee from BCDI Great Lakes Holdings, a subsidiary of the publicly traded Planet Fitness (NYSE: PLNT), this asset offers secure, long-term income. Strategically positioned along the high-traffic Highway 27 corridor with over 22,000 vehicles per day, the site enjoys exceptional visibility and accessibility in a thriving retail corridor.

ALO Property Group is pleased to present 7528 South Anthony Blvd, a 20,001-square-foot, single-tenant Planet Fitness building situated on .46-acres in Fort Wayne, Indiana. Originally constructed in 1968 with a significant capital-intensive renovation in 2019, this asset boasts 100% occupancy with Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States.

The property is strategically located on and highly visible from Hwy 27, the main North/South highway connecting southern Fort Wayne with Downtown. This location is surrounded by a growing job base along with stable and dense demographics. Fort Wayne MSA is home to 457,842 people and over 228,000 employed persons.

Investment highlights

  • 100% Occupied by Planet Fitness
  • 9.5 Years of Term Remaining
  • Lease Guarantor: BCDI Great Lakes Holdings, Inc.
  • $208,000 NOI
  • 7.25% Cap Rate
  • Built in 1968, Renovated in 2019
  • Virtual Tour: https://www.planetfitness.com/gyms/fort-wayne/

Listing Contacts

RB
IN RB14044276
ALO Property Group
Listed by ALO Property Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$208,000.00
$17,333.33/mo

Valuation Metrics

0
DSCR
7.24%
Cap Rate
7.24%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591