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9318239
9318240

6320 Bluffton Rd, Fort Wayne, IN 46809

ER
IN RB16000634, IN
The Zacher Company
Listed by The Zacher Company
$1,030,000
1297 days on market
Updated 88 days ago

6320 Bluffton Road

Details
APN 02-12-27-151-004.000-074
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Cap Rate 5.90%
NOI $60,870
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 07/31/2030
Remaining Term 4
Price per SqFt $113
Year Built 2008
Buildings 1
Stories 1
Acreage 1.500
Zoning C2/Limited Commercial

Fully Leased Dollar General

Marketing description

Introducing an outstanding investment opportunity in Fort Wayne, IN. This retail/free-standing building offers 9,100 SF of premium space within a modern construction from 2008. Nestled in the Southwest area, the property provides full access on the bustling Bluffton Rd. with 11,258 VPD, ensuring unparalleled visibility. Featuring a strong credit tenant with a corporate guaranteed lease and minimal landlord responsibilities, this property presents a secure and lucrative venture. With a 5.9% cap rate, the sale price of $1,030,000 signifies an enticing prospect for investors seeking a reliable income-generating asset.

Investment highlights

Recent 5 year renewal

Strong credit tenant

Corporate guaranteed

Minimal landlord responsibilities

9,100 SF on 1.5 Acres

Recent capital improvements include two new HVAC rooftop units

Full access on busy Bluffton Rd. with 11,258 VPD

5.9% Cap Rate Sale Price: $1,030,000

Listing Contacts

ER
IN RB16000634, IN
The Zacher Company
Listed by The Zacher Company

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,870.00
$5,072.50/mo

Valuation Metrics

0
DSCR
5.91%
Cap Rate
5.91%
ROI

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