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2720 Dupont Commerce Ct
Fort Wayne, IN 46825
Building I · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 85% leased; upside potential
- Stable tenant base with a WALT of 6 years
- Current NOI of $519,069 Cap Rate of 8.37%
- Strategically located in established office park near hospitals, retailers and I-69/I-469
- Professionally managed and well-maintained
- Sales price: $6,200,000 ($104.05 psf)
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity in Fort Wayne, IN. This well-maintained 59,584 SF office building, constructed in 1999, offers a prime location in the Northeast Fort Wayne area. With a current 85% occupancy, stable tenant base, and a Weighted Average Lease Term (WALT) of 6 years, the property presents significant upside potential. Strategically situated near major hospitals, retailers, and major highways, this professionally managed asset boasts a current NOI of $519,069 and a competitive Cap Rate of 8.37%. With a sales price of $6,200,000 ($104.05 psf), this property represents a prime chance to secure a profitable commercial real estate asset.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
59,584 SF
Building Class
B
Year Built
1999
Price
$8,654,704 CAD
Price Per SF
$145.25 CAD
Cap Rate
8.37%
NOI
$724,579 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
29,792 SF
Building FAR
0.34
Lot Size
4.00 AC
Zoning
C1 - Commercial
Parking
244 Spaces (4.1 Spaces per 1,000 SF Leased)
AMENITIES
- Accent Lighting
PROPERTY TAXES
| Parcel Number | 02-08-06-400-005.000-072 | Improvements Assessment | $2,632,611 CAD |
| Land Assessment | $1,100,688 CAD | Total Assessment | $3,733,300 CAD |
PROPERTY TAXES
Parcel Number
02-08-06-400-005.000-072
Land Assessment
$1,100,688 CAD
Improvements Assessment
$2,632,611 CAD
Total Assessment
$3,733,300 CAD
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