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Lake Avenue Medical Office 3401 Lake Ave 7,857 SF 100% Leased Office Building Fort Wayne, IN 46805 $1,025,288 CAD ($130.49 CAD/SF) 8.11% Cap Rate

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Investment Highlights

  • 3 Tenant medical office building
  • Water and sewer service is provided
  • Well-placed in one of Fort Wayne's major medical service districts

Executive Summary

STURGES PROPERTY GROUP HAS BEEN APPOINTED THE EXCLUSIVE AGENT for the sale of the MyEyeDr medical office building on Lake Avenue in Fort Wayne, IN. The 7,857 square-foot multitenant building is 100% leased to three established service providers, offering investors immediate and stable cash flow. The income stream is further anchored by a corporate guarantee by Capital Vision Services, LLC on the MyEyeDr space.
THE PROPERTY BENEFITS FROM LONG-TERM TENANCY and predictable income streams in a busy medical corridor. This offering provides investors with the opportunity to acquire a stabilized healthcare asset with secure income, long-term tenants, and upside potential through future rent growth and/or conversion to triple net leases.
3401 LAKE AVENUE SEES OVER 8,000 VEHICLES PER DAY and is easily accessible to major thoroughfares as it is situated between Hobson Road and Coliseum Boulevard/SR 930.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
7,857 SF
Building Class
C
Year Built
1974
Price
$1,025,288 CAD
Price Per SF
$130.49 CAD
Cap Rate
8.11%
NOI
$83,151 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,857 SF
Building FAR
0.18
Lot Size
1.03 AC
Zoning
R3
Parking
47 Spaces (5.98 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Mobile Wellness Solutions, Inc.
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

MyEyeDr is a vision care organization that operates optometry practices offering eye exams, eyewear, and related services across the United States. The company was founded in 2001 in Burke, Virginia, with the goal of centralizing eye care and eyewear services under one coordinated model. Over time, it has expanded through partnerships and acquisitions with independent optometry practices. MyEyeDr is privately held through private-equity ownership by Charlesbank Capital Partners and Cohesive Capital Partners. The company’s operations are managed from its headquarters in Vienna, Virginia, and its practices provide optometric services supported by centralized administrative functions. MyEyeDr’s model emphasizes consistent service delivery and practice management support across its operated locations. Its history includes notable milestones such as significant private-equity investment activity and growth into multiple states. Today, MyEyeDr continues to function as a national optometry network, offering services that include comprehensive eye examinations, optical product dispensing, and related vision care support.

  • RSVP of Allen County, Inc.
  • Administrative and Support Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Mobile Wellness Solutions, Inc. Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
RSVP of Allen County, Inc. Administrative and Support Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
02-08-32-351-012.000-072
Land Assessment
$184,713 CAD
Improvements Assessment
$400,325 CAD
Total Assessment
$585,038 CAD
  • Listing ID: 39546965

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 3401 Lake Ave, Fort Wayne, IN 46805

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