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For Sale

Park 3000

2980 - 2990 E. Coliseum Blvd.,
Fort Wayne, IN 46805

Asset Snapshot

1959
Year Built
2018
Year Renovated
1
Floor Count
2
Building Count
200
Parking Spots
100%
Occupancy

Offering Summary

Investment Overview

Introducing the prime investment opportunity at 2980-2990 E. Coliseum Blvd. in Fort Wayne, IN. This property a 60,040 SF building comprised of units, meticulously renovated in 2018. Ideal for Office investors, it is 100% occupied with a triple net lease. Notable features, adjacent to Purdue Fort Wayne Business School, the property's iconic setting features ponds, fountains, and walking paths. With an impressive NOI of $660,440 and a competitive cap rate of 10%, this compelling opportunity is offered at a sale price of $6,500,000 ($108.26psf).


Investment Highlights

  • Triple net lease
  • Iconic location, ponds, fountains and walking paths
  • Near banks, restaurants, hotels & shopping
  • Adjacent to Purdue Fort Wayne Business School
  • NOI: $660,440
  • Sale price : $6,500,000 ($108.26 psf)
  • Cap rate: 10%

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Listing Syndicated From

Buildout
For Sale
$6,500,000
Asking Price