Investment Property for Sale Fort Wayne, Indiana

INVESTMENT PROPERTY FOR SALE FORT WAYNE, INDIANA

HIGHLIGHTS : 4510 Airport Expressway

Sale Price: $18,450,000

New high quality construction

137,500 SF on 15.5 acres with room for expansion

Single-tenant building leased investment

Fall 2017 occupancy

11 year lease / Triple Net

Cap Rate Year 1: 6.07% increasing to 7.4% in year 11

Faurecia Emissions Control Technologies, USA

High-tech manufacturing in automobile industry

O. Karl Behrens, CCIM, SIOR Phil Knapke 1021 S. Calhoun Street | Suite One Direct: (260) 407-7115 Direct: (260) 421-1943 Fort Wayne, IN 46802 Cell: (260) 410-3627 Cell: (260) 433-6399 (260) 407-0900 | www.bndcommercial.com [email protected] [email protected] INVESTMENT PROPERTY FOR SALE FORT WAYNE, INDIANA

SITE

Airport Expressway

SITE

Airport Expressway

Exit 299

Businesses in the northeastern Indiana region have a one-day drive to more than one-third of the U.S. population and one-fifth of the Canadian population. Our rail lines, which include CSX and Norfolk Southern, provide access to the nation. More than 100 trucking companies serve northeast Indiana businesses using two major interstates, 7 U.S. highways, and over 20 state roads that cross northeast Indiana. The Fort Wayne International Airport, which hosts an air strip so long that the space shuttle can safely land, provides scheduled flights to major Midwestern and southern cities. Most cities and towns in northeastern Indiana are within 120 miles of either the Port of Indiana-Burns Harbor on Lake Michigan or the Port of Toledo on Lake Erie.

Fort Wayne is the second largest city in the state of Indiana, located in the heart of the mid-west. A truly surprising and inspiring city, Fort Wayne is the perfect destination for all. Fort Wayne is home to Fort Wayne Children’s Zoo, one of the top ten in the U.S.; world-renowned Vera Bradley Corporation and DeBrand Fine Chocolates; the largest public genealogical collection in America and world-class arts and theatre. Experience downtown Fort Wayne at Parkview Field, home of the Midwest Baseball League's Fort Wayne TinCaps, the Single-A affiliate of the San Diego Padres and one of the largest minor league ballparks in the country. For live entertainment, enjoy a concert or Broadway touring show in one of our world-class venues. Visit one of our many museums that exhibit everything from science to art then end your day with a gourmet meal at one of our five-star restaurants.

Employment opportunities abound in our community. Northeast Indiana is one of the fastest growing regions in the state with rapidly expanding business sectors in manufacturing, technology, education, health care, hospitality and service industries. Fort Wayne’s geographical location makes it a natural Midwestern manufacturing and transportation hub. A number of world renowned businesses call Northeast Indiana their home. A boom in economic development in the region and targeted programs related to workforce development have created a strong, fast- growing business climate in the area.

“All America City”

The information contained herein was obtained from sources we believe to be reliable. We cannot be responsible, however, for errors, omissions, prior sale, withdrawal from the market or change in price. Broker makes no representation as to the environmental or structural condition of the property and recommends independent investigation by all parties. O. Karl Behrens, CCIM, SIOR Phil Knapke 1021 S. Calhoun Street | Suite One Direct: (260) 407-7115 Direct: (260) 421-1943 Fort Wayne, IN 46802 Cell: (260) 410-3627 Cell: (260) 433-6399 (260) 407-0900 | www.bndcommercial.com [email protected] [email protected]