5335 Distribution Dr | Fort Wayne, IN 46825
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5335 Distribution Dr
Fort Wayne, IN 46825
Golden Corral · Retail Property For Sale
Investment Highlights
- 7 Years Remaining on Base Lease
- Five Percent (5.0%) Rental Increases Every Five (5) Years
- Four (4), Five-Year Tenant Renewal Options, Bringing the Potential Lease Term to 27 Years
- Pricing Based Off of January 1st 2023 Rental Increase (Seller will credit back any difference in rent through Escrow at closing)
- High Traffic Counts of 45,000 VPD along Lima Road and 75,000 VPD along HWY 24
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,572 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
3.13 AC
Zoning
Commercial
Parking
200 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Dedicated Turn Lane
- Food Court
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
- Monument Signage
PROPERTY TAXES
| Parcel Number | 02-07-23-151-003.000-073 | Improvements Assessment | $1,793,700 |
| Land Assessment | $295,900 | Total Assessment | $2,089,600 |
PROPERTY TAXES
Parcel Number
02-07-23-151-003.000-073
Land Assessment
$295,900
Improvements Assessment
$1,793,700
Total Assessment
$2,089,600
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