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6721 Old Trail Rd 12,310 SF 100% Leased Office Building Fort Wayne, IN 46809 $2,477,754 CAD ($201.28 CAD/SF) 6.44% Cap Rate
Investment Highlights
- Fully leased multi-tenant investment opportunity
- Commercial (C3) zoning
- Tenants: DaVita Dialysis (6,562 SF) & Mount Calvary Church (5,196 SF)
- Multiple access points to site
- Abundance of parking available
- Sale Price: $1,800,000
Executive Summary
Introducing an exceptional investment opportunity in Fort Wayne, IN. This 12,310 SF property, featuring 2 units, presents a fully leased multi-tenant space boasting a prime commercial location. Renovated in 2007 and zoned C3/General Commercial, this property offers an abundance of parking and multiple access points, ensuring convenience for tenants and visitors. Currently housing reputable tenants such as DaVita Dialysis and Mount Calvary Church, this turnkey investment opportunity offers stability and potential for continued growth. With a sale price of $1,800,000, this property is an attractive prospect for discerning investors seeking a reliable commercial real estate asset.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,310 SF
Building Class
B
Year Built/Renovated
1960/2007
Price
$2,477,754 CAD
Price Per SF
$201.28 CAD
Cap Rate
6.44%
NOI
$159,677 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,310 SF
Building FAR
0.21
Lot Size
1.34 AC
Zoning
C3/General Commercial
Parking
80 Spaces (6.5 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
- -
DaVita was established in 1992 and has become a major provider of kidney dialysis services. The company operates thousands of outpatient dialysis centers globally. Services include in-center hemodialysis, peritoneal dialysis, and home dialysis options. DaVita also provides integrated kidney care programs and clinical research services. The company serves hundreds of thousands of patients annually through its network of facilities in the United States and multiple other countries.
- Mount Calvary Church
- Services
- -
- $12.39 CAD
- Triple Net
- Oct 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | - | - | - | |
| Mount Calvary Church | Services | - | $12.39 CAD | Triple Net | Oct 2027 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-12-28-434-001.000-074 | Improvements Assessment | $1,414,657 CAD |
| Land Assessment | $280,651 CAD | Total Assessment | $1,695,308 CAD |
Property Taxes
Parcel Number
02-12-28-434-001.000-074
Land Assessment
$280,651 CAD
Improvements Assessment
$1,414,657 CAD
Total Assessment
$1,695,308 CAD
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6721 Old Trail Rd
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