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1211 Progress Rd

Fort Wayne, IN
Total Size
74,448 sqft
Zoning
IN-2
Year Constructed
0
Year Renovated
0
Building Class

About 1211 Progress Rd

Excellent Investment Opportunity! Fully leased income property with two (2) long-term, net lease tenants. Leases don't expire until Dec 2018 and May 2019. Cap rate is 9.02% and projected 2013 Net Operating Income is $266,067. Great north side location with easy access to Lima Road/Hwy 3, Coliseum Blvd. and I-69. - Tenancy: Multiple Tenants

Internet Providers for 1211 Progress Rd

Provider Technology Max Download Speed Max Upload Speed
Indiana Fiber Network, LLC Fiber
10 Gb/s
50 Mb/s
Zayo Enterprise Networks Fiber
10 Gb/s
10 Gb/s
Frontier North, Inc. Fiber
1 Gb/s
25 Mb/s
Comcast Cable
1 Gb/s
25 Mb/s
OnlyInternet.net DSL
6 Mb/s
768 kbps

The City: Fort Wayne

Most listings are in the $20's per square foot per year. The Fort Wayne submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Median Rate Median Size
Fort Wayne $21
/sqft/yr
2,740
sqft

Median Rate over Time in Fort Wayne