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31082843
31082827

1010 Production Rd, Fort Wayne, IN 46808 For Sale

KB
IN IN RB14027572
BND Commercial Real Estate
TK
IN RB20001057
BND Commercial Real Estate
Listed by BND Commercial Real Estate
$27,000,000
125 days on market
Updated 31 days ago

1010 Production Road - 100% LEASED INVESTMENT

Details
Property Type Office
Sub Type Executive Office
Square Footage 302,819
Net Rentable (SqFt) 302,819
Units 2
Cap Rate 9.00%
NOI $2,433,287
Occupancy 100%
Tenancy Multi
Brand/Tenant Parkview Health System, Raytheon
Lease Type NNN
Rent Bumps Yes
Class B
Year Built 1981
Buildings 3
Stories 3
Acreage 21.570
Zoning C4
Parking Spaces 950 spaces
Parking per 1,000 SqFt 3.14
Investment Type Stabilized
Ground Lease No

9% CAP Rate

Marketing description

1010 Production Road is a 302,819 SF Class A office and technology campus that is 100% leased to Raytheon and Parkview Health System, both on long-term NNN leases through June 2033. The property includes three connected buildings on 21.57 acres with secure infrastructure, updated interiors, and ample parking. Raytheon operates defense-related engineering programs on-site, while Parkview occupies administrative and support space. The asset offers steady income backed by established tenants with annual rent growth. Located in Fort Wayne, the property benefits from a strong regional labor market and growing business community. A full investment package is available with a signed Confidentiality Agreement.

FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings

Listing Contacts

KB
IN IN RB14027572
BND Commercial Real Estate
TK
IN RB20001057
BND Commercial Real Estate
Listed by BND Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,433,287.00
$202,773.92/mo

Valuation Metrics

0
DSCR
9.01%
Cap Rate
9.01%
ROI

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Additional Information

Name
Karl Behrens, CCIM, SIOR
License
IN RB14027572
Brokerage Phone
2604070900
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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