HIGHLIGHTS: Value-add opportunity in a high-growth area Below market average rents Excellent tenant mix Well maintained and professionally managed Rapidly developing area of Fort Wayne Located across street from Parkview Regional Medical Center
CBRE | Sturges has been appointed the exclusive agent for the sale of Dupont Place Shopping Center, a multi-tenant, two-building complex in Fort Wayne, Indiana, totaling approximately 47,525 square feet on 7.34 acres.
It is a growing retail trade area, with limited retail availability. Within the immediate area (1/2 mile), there are two hospitals, the Carmike Theater, four hotels, dozens of professional and medical office buildings, as well as a wide variety of retail businesses.
The Dupont Place Shopping Center offers an investor a consistent income stream with a strong tenant mix of local, regional, and National tenants. The Tenant mix is a strong combination of full service and quick-serve restaurants and general retail. Many of the tenants have been in place ever since the initial construction, and have a long history of success within the center.
Dupont Place Shopping Center is well located at the intersection of Interstate 69 and Dupont Road, on an outparcel to the Dupont Hospital and Business and Medical Park. The radius around Dupont Place boasts one of Fort Wayne's highest average incomes and daytime population. - Parking description: Ample parking - Number of buildings: 2 - Building condition: Excellent - Tenancy: Multiple Tenants
|50 Mb/s: Indiana Fiber Network, LLC|
|10 Gb/s: Zayo Enterprise Networks|
|25 Mb/s: Frontier North, Inc.|
|25 Mb/s: Comcast|
|768 kbps: OnlyInternet.net|
|3 Mb/s: One Communications|
|768 kbps: Verizon|
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.