2 Locations

Portfolio Opportunity

Two multi-tenant retail buildings located along the primary retail corridor in Fort Wayne, IN. The properties are situated less than one mile apart, offering strong visibility and ease of accessibility

Favorable Tenant Mix

The properties feature a complementary mix of food, user, service, and traditional retailers that are all signed to landlord favorable net-leases. The portfolio maintains a strong WALT exceeding 4.5 years

New Construction/Recent Capital Improvements

407 W. Coliseum was constructed in 2019 and features high-quality, modern construction. Meanwhile, 401 E. Coliseum underwent significant renovations in 2018, including new façade upgrades, storefronts, signage, electrical systems, patios, HVAC, and more

Attractive Assumable Debt

A buyer will have to assume the attractive CMBS loan with 6+ years remaining and a 4.351% interest rate

Target Demographics

Situated in a well-established community, the properties draw from more than 75,523 residents with an average household income of $69,500 in the surrounding 3-mile radius.

Retail Hot Spot

Surrounded by national tenants such as; Best Buy, Kohl’s, Target, Dick’s Sporting Goods, ALDI, Fresh Thyme Market, Chick-fil-A, Olive Garden, McDonald’s, and much more

Strong Retail Throughfare

Both properties are located on Coliseum Boulevard, which experiences 47,892 VPD. Additionally, they are less than one mile from Glenbrook Square, a regional shopping destination featuring 130 stores and over 1.2 million square feet of retail and entertainment space.