1630 Northland BlvdFort Wayne, IN 46825

This exceptional investment opportunity presents a vacant 14,698-square-foot storefront located at 1630 Northland Blvd, Fort Wayne, Indiana, 46825. The property, built in 1999, sits on a 2.14-acre lot (APN: 02-07-10-251-001.000-073) and is zoned NC/Neighborhood Center. Currently vacant, this property offers significant potential for a new tenant. The asking price is $1,750,000, translating to a price per square foot of $119.06 and a projected cap rate of 6.51%. The property boasts a strong history, previously occupied by a national tenant under a NNN lease with minimal landlord responsibilities. The building features excellent visibility and high traffic counts due to its location on busy Lima Rd. Financial records indicate a Net Operating Income (NOI) of $114,000. An additional 1.18-acre outparcel is also available. The property's lease expiration date was September 30, 2027, leaving approximately 2.9 years remaining on the lease at the time of listing. This presents a compelling opportunity for investors seeking a strong retail presence in a high-traffic area of Fort Wayne.