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3830 Illinois Rd., Fort Wayne, IN 46804 3810-4120 Illinois Rd 27,462 SF of Retail Space Available in Fort Wayne, IN 46804
SUBLEASE HIGHLIGHTS
- Located in highly desirable southwest quadrant
- Close to Jefferson Pointe and Parkwest Shopping Center
- Easy access to Illinois Rd. and W. Jefferson Blvd.
- Adjacent to At Home
- Strong traffic counts
- Sublease expires 3/31/2033
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 27,462 SF | Mar 2033 | $12.56 CAD/SF/YR $1.05 CAD/SF/MO $345,013 CAD/YR $28,751 CAD/MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 27,462 SF | Total Land Area | 8.06 AC |
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Freestanding | Parking Ratio | 5.09/1,000 SF |
| Gross Leasable Area | 96,339 SF |
| Total Space Available | 27,462 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 96,339 SF |
| Total Land Area | 8.06 AC |
| Year Built | 1977 |
| Parking Ratio | 5.09/1,000 SF |
ABOUT THE PROPERTY
Introducing a prime leasing opportunity at 3830 Illinois Road, Fort Wayne, IN. This property offers unparalleled visibility and accessibility in the highly desirable southwest quadrant. Its strategic location adjacent to At Home, close to Jefferson Pointe and Parkwest Shopping Center, along with its strong traffic counts, make it an exceptional choice for businesses seeking high exposure. With easy access to Illinois Rd. and W. Jefferson Blvd., tenants will benefit from maximum convenience. The sublease expires on 3/31/2033, and the competitive lease rate of $9.00 SF/yr NNN presents an outstanding value for this premier commercial space.
NEARBY MAJOR RETAILERS
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3830 Illinois Rd., Fort Wayne, IN 46804 | 3810-4120 Illinois Rd
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