Skip to main content

Shopping Neighborhood

Casselwood Plaza

3310 E Paulding Rd, Fort Wayne, IN 46816

Listing Price: $3,680,000

Cap Rate
8.05%
Gross SF
40,505
Rentable SF
40,505
Price/Gross SF
$90.85
Lot Size
7.28 acres
Year Built
1968

Investment Overview

Marcus & Millichap is pleased to bring to market Casselwood Plaza in Fort Wayne, Indiana.

Investment Highlights

  • 40,505 Square-Foot Grocery Anchored Neighborhood Shopping Center | Fort Wayne, Indiana
  • Grocery Anchor has Over Five-Years Remaining | 15-Years of Historical Occupancy for Save-A-Lot and Family Dollar
  • Over 70 Percent of GLA Occupied by National Tenants | Approximately 75 Percent of Income from National Tenants
  • Site Wide Renovations Made from 2019-2021 Including Parking Lot and Building Exterior
  • Majority Triple-Net (NNN) Leases | Avg. Rent Per Square Foot Below Market Rates | Internet-Resistant Tenant Mix
  • Positioned at a Signalized Intersection | Multiple Points of Ingress/Egress, Great Signage and Visibility with Ample Parking
  • 19 Percent Median Household Income Growth Since 2000
  • 130,000 Residents and 131,000 Employees within Five-Miles, Called Ft Wayne's "Little Burma" Submarket

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Shopping Neighborhood

Casselwood Plaza

Listing Price: $3,680,000

Cap Rate
8.05%
Gross SF
40,505
Rentable SF
40,505
Price/Gross SF
$90.85
Lot Size
7.28 acres
Year Built
1968

Investment Highlights

  • 40,505 Square-Foot Grocery Anchored Neighborhood Shopping Center | Fort Wayne, Indiana
  • Grocery Anchor has Over Five-Years Remaining | 15-Years of Historical Occupancy for Save-A-Lot and Family Dollar
  • Over 70 Percent of GLA Occupied by National Tenants | Approximately 75 Percent of Income from National Tenants
  • Site Wide Renovations Made from 2019-2021 Including Parking Lot and Building Exterior
  • Majority Triple-Net (NNN) Leases | Avg. Rent Per Square Foot Below Market Rates | Internet-Resistant Tenant Mix
  • Positioned at a Signalized Intersection | Multiple Points of Ingress/Egress, Great Signage and Visibility with Ample Parking
  • 19 Percent Median Household Income Growth Since 2000
  • 130,000 Residents and 131,000 Employees within Five-Miles, Called Ft Wayne's "Little Burma" Submarket

Investment Overview

Marcus & Millichap is pleased to bring to market Casselwood Plaza in Fort Wayne, Indiana.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

MM Texture Background
MM Textured Background Lower