5511 Coventry Ln

Fort Wayne, IN 46804

• NNN Property
• Retail for Sale
• $4,190,820 CAD
• 8,000 SF

Fort Wayne Retail for Sale - Outlying Allen County

Southtree Commercial Real Estate is proud to exclusively offer for sale a newly renovated Hopebridge Autism Therapy Center located in Fort Wayne, Indiana. Secured by a 10-year NNN lease, this medical office asset comprises 8,000 square feet of modern clinical space on a 1.16-acre parcel, representing a rare opportunity to acquire a long-term net leased investment in one of the Midwest’s most dynamic markets.

Contact:

Southtree Commercial Real Estate

Property Subtype:

Freestanding

Date on Market:

2025-12-12

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Reduced 15 Yr Fast Pace Health|2027 7.21% CAP - 980 N Meridian St

Portland, IN 47371

• NNN Property
• Retail for Sale
• $3,099,678 CAD
• 2,713 SF

• Air Conditioning
• Security System
• 24 Hour Access

Portland Retail for Sale

• Newer Medical (2022) Construction, State-of-the-Art Fast Pace Urgent Care Location: Long-Term, NNN Lease with Approximately 13.5 Years of Term Remaining • Multiple 10% Rental Increases, Offering Continual Income Growth & Taking the CAP Rate to 7.21% by Year 2027 and 7.93% in Year 2032 • No Daily Management Responsibilities: Tenant Responsible for All Daily Management, Real Estate Taxes and Insurance • Corporately Backed, Single-Tenant Medical Necessity Location with Sought-After Well-Known National Tenant (275+ Current Locations in 6 States) • Highly Visible Signage with Excellent Frontage and High Traffic (17,155+ VPD) Surrounding the Property at the Main Intersection of Two Main Thoroughfares (Meridian and Votaw Streets) in Portland • Growing City: Ideal Demographics with Average Household Incomes of Approximately $83,000 Within a 10-Mile Radius • Direct Vicinity of Complimentary IU Jay Hospital, a Critical Access Hospital with Approximately 500 Employees, While Indiana University Healthcare System, Based in Indianapolis is a Regional Leader that Employs 38,000 Employees System-Wide • Low Price Point Deal, Ideal for 1031 Buyers with E-Commerce/ Recession Resistant Tenant - Urgent Care Industry Fast Approaching Being $40 Billion Annual Business • Surrounded by Rooftops, Other Favorable Medical Users, Retailers, Restaurants and Schools • Strong Employment Base: Tyson Foods Facility (455 Employees), FCC (Indiana), LLC (750+ Employees), Priority Plastics (140+ Employees), Motherson Sumi Systems, LTD/MSSL Wiring Systems (350 Employees) and ATI-Forged Products (150 Employees) • Advantageous Location with Easy Commutes to Downtown Fort Wayne (50 Miles), Dayton, OH (75 Miles) and Indianapolis (90 Miles): Additional Employment, Major Attractions and Airports in Each City • County Seat with Below National and State Levels for Cost of Living by BestPlaces, Making Portland an Extremely Affordable Place to Live

Contact:

Cooper Commercial Investment Group

Property Subtype:

Freestanding

Date on Market:

2025-12-10

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Hardee's & Subway | Fort Wayne, IN MSA - 2207 N Jefferson St

Huntington, IN 46750

• NNN Property
• Retail for Sale
• $2,779,980 CAD
• 4,605 SF

Huntington Retail for Sale

Class A Two-Tenant QSR Center with Drive-Through | Built-to-Suit in 2016 for Hardee's & Subway | Adjacent to Huntington University and Across the Street from Walmart Supercenter and Huntington North High School    NNN Leases with Strong Franchisee Guarantees - Subway Systems, LLC is a 33-Unit Operator That Has Been in Business in the Greater Fort Wayne Area Since 1987 | Leases Also Guaranteed by Corporate (Subway IP, LLC) with 42,000 Locations Worldwide (2024 Revenue $9.1 Billion)    Located at the Signalized Intersection of US 24 & 224 (Combined VPD 31,248) | Site Offers Large Pylon Sign with Visibility from Highway | US 24 is the Main Artery Connecting to Fort Wayne   This Hardee’s Location is Ranked in the Top  16% of Hardee’s Nationwide, and the Top 5% in Indiana in Foot Traffic Per Placer.ai (Subway is Not Listed on Placer.ai) | Subway is a Relocation Store   Across from Huntington Plaza That Ranks in the Top 27% of Strip/Convenience Centers in the Nation and in the Top 22% in Indiana - with Dollar General, Harbor Freight Tools, O’Reilly Auto Parts, Maurices, Aaron’s | Located 1.8 Miles from Parkview Huntington Hospital    Landlord-Friendly Leases with Tenant Managing the Property | Multiple 5-Year Options with 8% Increases in Each    Across from Highly Trafficked Kroger and Tractor Supply Co | Kroger Ranks in the Top 14% Nationwide and Top 14% in Indiana | Tractor Supply Ranks in the Top 17% Nationwide and Top 18% in Indiana in Foot Traffic (Placer.ai)   Huntington is Located 25 Miles from Fort Wayne, Indiana’s 2nd Largest City, and is a Part of the Fort Wayne, IN MSA with 455,000 Residents

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2025-12-05

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Dairy Queen | Fort Wayne MSA - 960 N Main St

Bluffton, IN 46714

• NNN Property
• Retail for Sale
• $1,605,497 CAD
• 2,057 SF

Bluffton Retail for Sale - Wells County

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Dairy Queen located at 960 N Main Street in Bluffton, Indiana. The ±2,057-square-foot building is leased to an established multi-unit Dairy Queen operator under a long-term NNN lease structure with no landlord responsibilities. The tenant has demonstrated strong historical performance at this location for over a decade, highlighting its longevity and local brand recognition. Strategically positioned along N Main Street, Bluffton’s primary commercial corridor, the property benefits from excellent visibility and proximity to major retailers including Walmart Supercenter, Lowe’s, Anytime Fitness, O’Reilly Auto Parts, and several regional grocers. This corridor serves as the city’s dominant retail destination, drawing consistent traffic from surrounding residential neighborhoods, schools, and employers. Bluffton is part of the Fort Wayne MSA, a region experiencing steady population and economic growth fueled by manufacturing, logistics, and healthcare. With its passive lease structure, established operational history, and strong real estate fundamentals, this Dairy Queen offers investors a stable income stream backed by a recession-resistant quick-service brand.

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2025-12-04

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Dairy Queen | ±14 Years Remaining - 236 N 13th St

Decatur, IN 46733

• NNN Property
• Retail for Sale
• $1,947,957 CAD
• 2,437 SF

Decatur Retail for Sale

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Dairy Queen Grill & Chill located at 236 N 13th Street in Decatur, Indiana. The property is subject to a long-term absolute NNN lease with approximately 14 years remaining, featuring 2% annual rent increases and four (4) five-year renewal options. The lease is backed by a high net worth personal guaranty, offering investors truly passive, long-term cash flow with zero landlord responsibilities. The ±2,437-square-foot building sits on a ±0.54-acre parcel along North 13th Street, a high-traffic corridor with ±20,078 vehicles per day, connecting directly to U.S. Highway 27 and the Fort Wayne MSA. The site benefits from excellent visibility, convenient ingress/egress, and strong daily traffic from commuters, families, and students. Nearby anchors include Walmart Supercenter, Kroger, CVS, Tractor Supply, and McDonald’s, ensuring durable customer demand and consistent sales performance. Decatur is experiencing notable growth, including the new Adams Health Network Outpatient Campus, a major street and sidewalk infrastructure program, and an $8.5 million downtown square revitalization project. These developments enhance accessibility, strengthen the trade area, and increase visitation. With a 5.85% cap rate, $81,984 NOI, and a globally recognized QSR brand backed by Berkshire Hathaway, this Dairy Queen represents an attractive opportunity for investors seeking yield, brand strength, and passive income in a stable Midwest market.

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2025-12-04

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12420 Stonebridge Rd

Roanoke, IN 46783

• NNN Property
• Industrial for Sale
• $34,749,749 CAD
• 188,989 SF

• Air Conditioning
• Reception
• Smoke Detector

Roanoke Industrial for Sale - Outlying Allen County

Presenting an exceptional flex-office sale-leaseback opportunity at 12420 Stonebridge Road, Roanoke, Indiana. This modern 188,989-square-foot design center is situated on a sprawling 33-acre site near Fort Wayne, offering a blend of extensive office and industrial space. The property will be delivered with a new 12-month absolute NNN lease at closing, providing investors with immediate, stable income and minimal landlord responsibilities. Built in 2008, the facility features 160,144 SF of office space and 28,845 SF of industrial area, complemented by 232 parking spaces, 7 dock doors, and 1 overhead door—ideal for logistics and operational efficiency. The metal construction ensures durability and flexibility for a variety of business uses.

Contact:

Kwekel Companies

Property Subtype:

Manufacturing

Date on Market:

2025-11-13

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KFC | 10+yrs Remain Abs NNN - 6046 Covington Rd

Fort Wayne, IN 46804

• NNN Property
• Retail for Sale
• $2,135,025 CAD
• 3,502 SF

• Restaurant

Fort Wayne Retail for Sale - South Fort Wayne

• The subject property is operated by FQSR, LLC, a subsidiary of KBP Foods, one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s. • Over 10 years remaining on the base term with 5 (5-year) option periods to extend the lease.

Contact:

SRS National Net Lease

Property Subtype:

Fast Food

Date on Market:

2025-06-16

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Strickland Brothers 10 Minute Oil Change - 2015 S Western Ave

Marion, IN 46953

• NNN Property
• Retail for Sale
• $2,657,322 CAD
• 1,750 SF

Marion Retail for Sale

All Strickland Brothers locations offer drive thru oil change services so customers can stay in their car and see the job done right. Oil change services include: 10 minute oil change and oil filter replacement, as well as lubrication of chassis components. Plus, a free maintenance check on the following: cabin air filters, wiper blades, antifreeze/coolant, power steering fluid, windshield washer fluid, tire condition, and engine air filter (emission and inspection services if qualified). The mission of Strickland Brothers 10 Minute Oil Change is to exceed the expectations of every customer by setting and meeting service standards that are innovative and centered around the highest level of service, every time. Their aim is to provide dependable services and quality products for a fair price in a friendly, honest and accommodating environment. Franchisees are thoroughly vetted by Strickland Brothers for business experience and personal financial strength to satisfy personal guarantees and brand preservation. Strickland Brothers is backed by a recent capital infusion from Princeton Equity Group who has a proven track record for growing emerging brands into household names. Princeton Equity Group is among the most experienced franchisor and multi-unit investors in the U.S. and exclusively invests in leading franchisor and multi-unit companies. Princeton Equity Group’s principals have invested in the likes of Massage Envy, Card My Yard, European Wax Center, Sola Salon Studios and Urban Air Adventure Park. The Strickland Brothers corporate management team is made up of industry veterans experienced in operations, who together with Princeton Equity’s backing, have established aggressive growth goals for the emerging brand. In today’s market, Strickland Brothers real estate investments are being offered at favorable pricing and a higher yield compared to competitor brands. With a promising near-term growth profile for Strickland Brothers, a potential investor has the potential to realize a strong going-in yield coupled with potential upside, as the emerging brand continues to rapidly grow its footprint across the U.S.

Contact:

Linville Team Partners

Property Subtype:

Auto Repair

Date on Market:

2024-10-31

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