Cap Rate
7.85%
$ per SF
$545
7631 South Town Crossing, Fort Wayne, IN, 46816
Wendy’s$1,500,000
Key Information
Tot. SF
2,747
Lot Size
1.05 Acres
Year Built
2007
Term Remaining
±9.9 YRS
Type
Retail
NOI
$117,701
Highlights
- Long Lease Term: 9.9 years remaining on a corporately signed Wendy’s lease, offering secure income and hands-off ownership.
- Prime Retail Location: High visibility as an outparcel to Menards and Walmart, benefiting from strong traffic and established shopping patterns.
- Regional Growth: Surrounded by new development and access to Highway 469 (±25,000 VPD), capturing ongoing regional growth and consumer demand.
- Expanding Trade Area: Immediate trade area features recent retail expansion with national brands like Culver’s, Dunkin’, Starbucks, Taco Bell, and Caliber Collision.
- Strong Market Fundamentals: Fort Wayne’s population growth, economic expansion, and retail demand support long-term property value appreciation.
Photos
Location
Agents
V
Vincent RennaLicense # 02204860 (CA)
C
Connor OlandtLicense # 01985082 (CA)
C
Cade NorlandLicense # 02120126 (CA)
Broker of Record
Kyle Matthews
License # RC52200195, RB17001213 (IN)Matthews Real Estate Investment Services, LLC 1600 West End Ave, Ste. 1500 Nashville, TN 37203