Jungle George's Building
Retail | 8.17% CAP | 19,000 SqFt
Marketing description
Introducing JUNGLE GEORGE’S BUILDING at 4780 NORTH CLINTON STREET, FORT WAYNE, INDIANA 46825 - a stellar investment opportunity! This brand-new 19,000 square feet NNN building, completed in December 2024, is a prime asset fully leased to the renowned tenant, Jungle George. Perfectly situated for visibility with over 40,000 vehicles passing by daily, the property guarantees exceptional exposure on Parnell Avenue, Clinton Street, and Coliseum Boulevard. This investment gem offers a solid NOI of $192,000 and an attractive 7.84% cap rate. With a 100% occupancy and a true NNN lease structure in place for the next decade, this property provides a hassle-free investment with impressive income potential. Don't miss out on this opportunity to own a high-quality asset in a thriving commercial location on Fort Wayne’s sought-after North side.
Property Video: https://youtu.be/TZDQM6X8Ybc?si=vtaAyH7oi52E9mvA
Jungle George’s Video: https://youtu.be/6w2cr5v3gXo?si=DZO34Gu3-8OH0IS6
Investment highlights
· Excellent commercial location East of Northcrest Shopping Center on Fort Wayne’s North side
· True NNN Lease with 10 Years remaining on the Initial Lease Term
· 100% Occupied
· Brand New Building, Completed December 2024
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