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4809 Illinois Rd

15,545 SF 53% Leased Retail Building Fort Wayne, IN 46804 $3,200,000 ($206/SF)

Investment Highlights

  • 2.45-acre retail outparcel available
  • 2,667 - 15,545 SF available
  • Located in premier retail submarket
  • Can be divisible

Executive Summary

Highly visible building for lease on Illinois Road, directly adjacent to Apple Glen Crossing and Jefferson Pointe. The large 2.45-acre lot offers ample parking for retail and office users.
This property is conveniently located just 1.1 miles east of I-69 in one of Fort Wayne’s premier retail submarkets. National retailers immediately surrounding the site include Kohl’s, Dick’s Sporting Goods, Walmart, Von Maur, Target, Lowe’s, Menards, and dozens of quick-service and sit-down restaurants.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,545 SF
Building Class
C
Year Built
1974
Price
$3,200,000
Price Per SF
$206
Percent Leased
53%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.45 AC
Zoning
C2/R1 - Commercial
Parking
105 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
163 FT on Illinois Rd

Amenities

  • Air Conditioning

Nearby Major Retailers

Noodles & Company
Pure Barre
Starbucks
Orangetheory Fitness
Hummus Republic
WW
Logan's Roadhouse
First Watch
ALDI
Flat Top Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-12-08-126-002.000-074
Land Assessment
$469,200
Improvements Assessment
$359,700
Total Assessment
$828,900
  • Listing ID: 31380079

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 4809 Illinois Rd, Fort Wayne, IN 46804

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