www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33731560
33731553

5511 Coventry Lane, Fort Wayne, IN 46804

AR
OK 072000
Colliers - Tulsa, Oklahoma
KH
OK OK 149149
Colliers - Tulsa, Oklahoma
JA
OK OK 175042
Colliers
PB
OK 159239, OK OK 159239
Colliers - Tulsa, Oklahoma
Listed by Colliers - Tulsa, Oklahoma, Colliers
$2,900,000
1 day on market
Updated 1 day ago

Hopebridge Autism Therapy Center - Single Tenant Net Lease

Details
Property Type Retail, Special Purpose
Sub Type Therapy Center
Square Footage 8,000
Net Rentable (SqFt) 8,000
Cap Rate 7.25%
NOI $210,300
Occupancy 100%
Tenancy Single
Brand/Tenant Hopebridge, Hopebridge Autism Therapy
Lease Type NNN
Lease Term 10
Lease Expiration 10/31/2035
Rent Bumps Yes
Year Built 2005
Year Renovated 2025
Acreage 1.160
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition 1031 exchange

7.25% Cap - 10 year lease - 2% Annual increases

Marketing description

Hopebridge Autism Therapy Center is a well-positioned net lease investment secured by a 10-year lease with Hopebridge, LLC, a leading provider of autism therapy services. The property features a newly renovated 8,000 square foot facility located in Fort Wayne, Indiana's growing healthcare corridor. With 2% annual rent escalations built into the lease, the investment offers predictable income growth and a stable cash flow stream. Hopebridge has expanded to 113 locations across 10 states since its founding in 2005, demonstrating strong operational performance and commitment to the behavioral health sector. The property benefits from its strategic location in Fort Wayne, the second-largest city in Indiana and a recognized regional healthcare hub anchored by major health systems including Parkview Health and Lutheran Health Network.

Investment highlights

  • Long-Term Passive Income Stream - The subject property is secured by a 10-year NNN lease with an expiration of October 31, 2035, providing stable, predictable cash flow with minimal landlord responsibilities.

  • Built-In Rental Growth - The lease features scheduled 2% annual rent escalations, delivering consistent income growth and serving as a natural hedge against inflation.

  • Established and Expanding Healthcare Operator - The tenant, Hopebridge, is a leading provider of autism therapy services. Founded in 2005, the company has expanded to 113 locations across 10 states, demonstrating a strong growth trajectory and operational scale within the behavioral health sector.

  • Headquartered in Indiana – Strong Local Commitment - With corporate headquarters in Indianapolis, Hopebridge maintains a meaningful presence within the state, reinforcing operational commitment and regional brand strength.

  • Strategic Location in a Growing Regional Hub - The property is located in Fort Wayne, Indiana — an economic and healthcare hub of Northeast Indiana. The broader submarket serves approximately 2.3 million residents within the region, while the Fort Wayne MSA exceeds 450,000 residents and continues to demonstrate steady population and economic growth.

Listing Contacts

AR
OK 072000
Colliers - Tulsa, Oklahoma
KH
OK OK 149149
Colliers - Tulsa, Oklahoma
JA
OK OK 175042
Colliers
PB
OK 159239, OK OK 159239
Colliers - Tulsa, Oklahoma
Listed by Colliers - Tulsa, Oklahoma, Colliers

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,300.00
$17,525.00/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Map

Zoning

Intelligence Badge
C2 CommercialRetail CommercialLimited Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 360 uses
View all 360 uses
Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Saimir Qalliu
License
RB14042415
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591