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33513829
33513830

2 Locations

BS
IN IN RB14041363
Sturges Property Group
SW
#RB23001509
Sturges Property Group
KE
RB14050222
Sturges Property Group
Listed by Sturges Property Group
Unpriced
3 days on market
Updated 2 days ago

Executive Center - Sale

Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 120,765
Tenancy Multi
Year Built 1986
Year Renovated 1989
Buildings 2
Stories 3
Acreage 14.310
Zoning C1
Parking Spaces spaces
Investment Type Owner/User

Investment Opportunity | 120,765 SqFt Office For Sale on Coliseum Blvd

Marketing description

Executive Center is a rare opportunity to acquire a two-building office campus totaling approximately 120,765 square feet in a highly accessible Fort Wayne location. The property offers significant flexibility for both investors and owner-users seeking immediate occupancy and long-term upside.

The property is well-positioned for an owner-user due to the substantial amount of contiguous vacancy available throughout both buildings. A purchaser has the ability to occupy a large portion of the campus while benefiting from existing in-place tenancy and future leasing potential.

Executive Center benefits from a strategic location along East Coliseum Boulevard near Purdue University Fort Wayne, Ivy Tech Community College, I-69, and numerous retail, dining, and healthcare amenities. The central location provides convenient access throughout the Fort Wayne metropolitan area.

Executive Center is comprised of two adjacent office buildings totaling approximately 120,765 square feet situated on over 14 acres at the corner of East Coliseum Boulevard and Vance Avenue. Originally constructed in 1986 and 1989, the property features concrete construction, elevator service, abundant surface parking, and flexible suite configurations capable of accommodating a wide range of office and institutional users.

Current ownership has made significant investments into the continued repositioning and stabilization of the asset. Over the past 12 months, approximately 12,845 SF has been re-tenanted, while ownership has invested nearly $550,000 into tenant improvement allowances and leasing costs to attract and retain tenancy. Additional recent capital improvements include installation of a brand-new elevator system, exterior painting, and a roof replacement completed within the last eight years, helping minimize near-term capital expenditure needs for future ownership.

The property offers a professional campus environment featuring mature landscaping, wooded surroundings, outdoor gathering areas, and shared amenities including a fitness center and boardroom. Executive Center is professionally managed and benefits from strong surrounding demographics, nearby universities and healthcare institutions, and convenient access to I-69, downtown Fort Wayne, and the broader Northeast Indiana region.

Investment highlights

  • Rare opportunity to acquire a two-building office campus totaling approximately 120,765 square feet

This property is unpriced - call brokers for offers.

If you wish to see the full financials please complete the confidentiality agreement and email the broker!

Listing Contacts

BS
IN IN RB14041363
Sturges Property Group
SW
#RB23001509
Sturges Property Group
KE
RB14050222
Sturges Property Group
Listed by Sturges Property Group

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Additional Information

Name
Brad Sturges
License
IN RB14041363
Brokerage Phone
2604248448
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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