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%