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Investment Highlights

  • Seller engaged with the tenant in lease buyout discussions. Please contact broker for details.
  • ±14,820 SF building on a large ±1.47-acre lot. The property benefits from a dedicated drive-thru lane and pylon signage
  • About 30 minutes from Fort Wayne, the property is located just off US Hwy 30, which sees 27,300 VPD at the intersection
  • ±4 years of lease commitment remaining – over $1,100,000 in guaranteed rent over that period
  • Highly visible location with strong retail synergy, located near multiple retailers including ALDI, Starbucks, CVS, and a Walmart Supercenter
  • General Business Zoning (GB), which allows for a multitude of different uses with very few restrictions

Executive Summary

Kyle Matthews
License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2004
Price
$3,978,548 CAD
Price Per SF
$268.46 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.47 AC
Zoning
GB
Parking
33 Spaces (2.23 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Information
  • -
  • $9.99
  • Lorem Ipsum
  • -

T-Mobile began in 1994 and developed through a long series of wireless industry changes before becoming the T-Mobile brand used in the United States. The company provides mobile voice and data service, 5G network access, home internet, and customer support for consumers and business customers. T-Mobile also serves government, education, enterprise, and small- to mid-sized business customers through connectivity and delivery services, while expanding into broadband and related digital offerings. The business continues to focus on national network performance and a broad set of wireless and broadband products across its consumer and business lines.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Information - $9.99 Lorem Ipsum -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 14,820 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 14,820 SF Retail In-Line Now

1st Floor

Size
14,820 SF
Space Use
Retail
Position
In-Line
Available
Now
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Anytime Fitness
1st Source Bank
Chase Bank
Lake City Bank
Wings Etc.
Rent-A-Center
Horizon Bank

Property Taxes

Property Taxes

Parcel Number
92-06-03-000-240.000-004
Land Assessment
$100,316 CAD
Improvements Assessment
$1,766,617 CAD
Total Assessment
$1,866,934 CAD
  • Listing ID: 41045411

  • Date on Market: 2026-06-24

  • Last Updated:

  • Address: 535 N Line St, Columbia City, IN 46725

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