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Investment Highlights

  • Downtown Core District
  • 9.26% Current Cap Rate
  • 4 NNN Tenants

Executive Summary

127 W Wayne Street is a 25,698-square-foot, 100% leased office investment located in the heart of downtown Fort Wayne. The four-story property features a diversified roster of four NNN tenants, providing stable in-place cash flow with contractual rent growth. Offered at $4.425 million, the property generates a 9.26% current cap rate with additional upside from approximately 7,000 square feet of basement storage not currently included in the rent roll.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
25,698 SF
Building Class
B
Year Built/Renovated
1912/2019
Price
$6,108,137 CAD
Price Per SF
$237.69 CAD
Cap Rate
9.26%
NOI
$565,892 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,425 SF
Slab To Slab
14’
Building FAR
3.47
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C - Commercial

Amenities

  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • KitchenWorks
  • Retailer
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Information
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

In 2016, Princeton TMX was launched to provide shippers with a next generation cloud-based transportation management system. Founder, President and CEO Tim Minnich wanted to build upon a vision he’d had since 2002 that transportation management should be seamless and simple. The Princeton TMX team acquired the carrier TMS solution from Transworks, a transportation technology subsidiary of Norfolk Southern and started executing on this vision. Today, Princeton TMX is executing on that vision and revolutionizing how our customers manage their transportation activity with the easy-to-use SaaS transportation management software hosted on Amazon AWS Cloud. They provide an intuitive user experience, configured to meet specific business requirements and to streamline, automate, and optimize all modes of transportation. They make sure their customers are up and running quickly, most often in less than 60 days.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
KitchenWorks Retailer 99,999 SF - - Jan 0000
Information 99,999 SF - Lorem Ipsum Jan 0000
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02-12-02-457-002.000-074
Land Assessment
$207,056 CAD
Improvements Assessment
$2,635,817 CAD
Total Assessment
$2,842,872 CAD
  • Listing ID: 42087471

  • Date on Market: 2026-09-08

  • Last Updated:

  • Address: 127 W Wayne St, Fort Wayne, IN 46802

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