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Jungle George's Building 4780 Clinton St 19,000 SF Retail Building Fort Wayne, IN 46825 $3,559,596 CAD ($187.35 CAD/SF) 7.53% Cap Rate



INVESTMENT HIGHLIGHTS
- • Excellent commercial location East of Northcrest Shopping Center on Fort Wayne’s North side
- • 100% Occupied
- • True NNN Lease with 10 Years remaining on the Initial Lease Term
- • Brand New Building, Completed December 2024
EXECUTIVE SUMMARY
Introducing JUNGLE GEORGE’S BUILDING at 4780 NORTH CLINTON STREET, FORT WAYNE, INDIANA 46825 - a stellar investment opportunity! This brand-new 19,000 square feet NNN building, completed in December 2024, is a prime asset fully leased to the renowned tenant, Jungle George.? Perfectly situated for visibility with over 40,000 vehicles passing by daily, the property guarantees exceptional exposure on Parnell Avenue, Clinton Street, and Coliseum Boulevard.? This investment gem offers a solid NOI of $192,000 and an attractive 7.5% cap rate.? With a 100% occupancy and a true NNN lease structure in place for the next decade, this property provides a hassle-free investment with impressive income potential.? Don't miss out on this opportunity to own a high-quality asset in a thriving commercial location on Fort Wayne’s sought-after North side.?
Property Video: https://youtu.?be/TZDQM6X8Ybc?si=vtaAyH7oi52E9mvA
Jungle George’s Video: https://youtu.?be/6w2cr5v3gXo?si=DZO34Gu3-8OH0IS6
Property Video: https://youtu.?be/TZDQM6X8Ybc?si=vtaAyH7oi52E9mvA
Jungle George’s Video: https://youtu.?be/6w2cr5v3gXo?si=DZO34Gu3-8OH0IS6
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
19,000 SF
Building Class
C
Year Built
2024
Price
$3,559,596 CAD
Price Per SF
$187.35 CAD
Cap Rate
7.53%
NOI
$268,017 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.81 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-07-24-451-003.000-073 | Improvements Assessment | $6,881 CAD |
| Land Assessment | $183,545 CAD | Total Assessment | $190,426 CAD |
PROPERTY TAXES
Parcel Number
02-07-24-451-003.000-073
Land Assessment
$183,545 CAD
Improvements Assessment
$6,881 CAD
Total Assessment
$190,426 CAD
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Jungle George's Building | 4780 Clinton St
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