406-416 S Scott Rd - Office FOR SALE


Fort Wayne, IN 46814
$2,490,000 USD
260-450-8443
406-416 S Scott Rd, Fort Wayne, IN for Sale
$2,490,000 USD
Office - FOR SALE
1/9
null | 8.52% Cap Rate

406-416 S Scott Rd
Fort Wayne, IN 46814


HIGHLIGHTS

  • Class A, multi tenant office park with excellent visibility along S Scott Rd
  • Located in a desirable part of the city with limited competition from other property types
  • 100% occupied with long term, reputable businesses with deep community roots
  • Ideal southwest location near shopping, restaurants, professional offices and residential

OVERVIEW

The property is a two building professional office campus located in desirable, Southwest Fort Wayne, IN. Construction of the 6,128 SF Building 1 (2006) and 11,120 SF Building 2 (2017) remain in Class A condition. The property is 1.68 acres along S. Scott Road, which is the main collector road connecting Illinois Road to the surrounding high end residential area. The direct area includes a national grocer anchored power center, numerous community retail strip centers, and a retirement community. Due to the absence of professional offices in the area, Sycamore Pointe is highly sought after for working professionals looking to establish an office close to home in the area.

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

8.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

C-1

APN/PARCEL ID

02-11-03-328-005.000-038

ASK ABOUT THIS PROPERTY

Kienan O'RourkeXplor Commercial Real Estate Corp.More Info
260-450-8443

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kienan O'RourkeXplor Commercial Real Estate Corp.More Info
260-450-8443

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.