3996 Ice Way, Fort Wayne, IN 46805

ABSOLUTE NNN LEASE | Zero landlord responsibilities. Tenant pays taxes, insurance, maintenance, repairs, and capital costs.

MULTI-UNIT OPERATOR WITH STRONG SALES | Tenant operates multiple locations. There are two very strong personal guarantees on the lease and sales at this location are trending up (Contact Broker for Details).

ARCO BRANDING | Tenant recently signed a fuel contract with ARCO. This location was recently re-branded to ARCO with the Tenant investing a considerable amount of their own money showing a strong commitment to this location.

LOW PRICE POINT | The Property is priced just under $1.3 Million, making this an affordable price point for a cash buyer or investor looking to complete a small piece of a larger exchange.

10 YEAR LEASE WITH ANNUAL INCREASES | The lease has approximately 8 years remaining, plus four (4) options of five (5) years each. Additionally, the lease features 2% annual increases for the remainder of the term and options.

DYNAMIC RETAIL CORRIDOR WITH LOW VACANCY | Within 1 mile of this location, there is approximately 3.9 million SF of retail with vacancy of just 2.5%. Nearby retailers include Glenbrook Square Mall (JCPenney & Macy's anchored), Target, Costco, Dunham's, HomeGoods, Ross, Burlington, and many more.

NEARBY TRAFFIC GENERATORS | PSM Fieldhouse and PSM Icehouse are directly adjacent to ARCO. The Fieldhouse is a premier 57,000 SF multi-use sports facility with basketball courts, volleyball courts, a golf simulator and more. The Icehouse is a state-of-the-art facility with 3 NHL-sized ice surfaces and is the largest ice complex in Indiana.

STRATEGIC LOCATION WITH EXCELLENT VISIBILITY | The site is located on the hard, signalized corner of Ice Way and Lima Road (43, 848 cars per day). Additionally, the site is just one mile south of Interstate 69 and only 3 miles north of downtown Fort Wayne.

ELIGIBLE FOR BONUS DEPRECIATION | Contact your accountant or tax professional for further details.

STRONG SUPPORTING DEMOGRAPHICS | There are over 235,000 people within a 15-minute drive with an average household income over $84,000.