Listed by BND Commercial Real Estate
$1,310,000
4210 Crescent Avenue - 100% LEASED INVESTMENT
Details
Property Type Retail
Square Footage 20,810
Net Rentable (SqFt) 20,810
Units 2
Cap Rate 8.75%
Occupancy 100%
Class B
Year Built 2014
Acreage 3.150
Zoning C-2
Parking Spaces 115 spaces
Parking Per SqFt 5.53
Ground Lease No
8.75% CAP Rate
Marketing description
Located next to PFW, this fully leased retail investment property features a 7,645 SF multi-tenant retail center and master lease rights to a 13,165 SF CVS Pharmacy on 3.15 acres. Anchored by tenants such as CVS, Jimmy John’s, Hungry Howie’s, We Nails, and Sister Pho, the property offers stable NNN income, built-in rent increases, strong traffic counts, and excellent visibility within one of Fort Wayne’s premier retail corridors.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings
Investment highlights
- $1.31M asking price with an 8.75% cap rate
- 100% leased retail investment property
- Includes a 7,645 SF multi-tenant retail center and a 13,165 SF CVS
- Tenants: CVS, Jimmy John's, Hungry Howie's, We Nails, and Sister Pho
- Located next to Purdue University Fort Wayne, serving over 5,800 students
- Long-term NNN leases (tenants pay most property expenses)
- Strong traffic counts and growing Fort Wayne market
- Multiple income streams with built-in rent increases
- Ground leases extend through 2038–2039 with renewal options
- Low-management investment with stable, established tenants.
Listing Contacts
Listed by BND Commercial Real Estate
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