Single-Tenant Industrial
STNL Industrial w/Annual Rent Escalation
3405 Engle Rd, Fort Wayne, IN 46809
Listing Price: $4,062,667
Investment Overview
Subject is a Prime 110,000 Square-Foot Industrial Building on a Ten Acre Lot and Features Ample Parking and Easy Ingress/Egress. Features an NN Lease with a Five-Year Base Term and Minimal Landlord Responsibility | Average 2.9% Annual Rental Increases, 1 x 5-Year Option.
STNL Industrial w/Annual Rent Escalation
Investment Highlights
- Tenant Nelson Global was Founded in 1939 and Has Operations in Seven Countries, with Revenue Greater than $400 Million
- Well Established Industrial Corridor | Nearby National Tenants Include: Coca-Cola, Johnson Controls, Seavac, International Paper, Mitsubishi, LH Carbide, and Sabert
- Affluent Community in Fort Wayne Metropolitan Statistical Area with a Population of 146,173 and an Average Household Income of Over $59,766 Within Five Miles of the Subject Asset, as of 2021
- Subject is less than 4 Miles from Ft Wayne International Airport, Serving 600 Thousand Passengers Annually (fwairport.com)
Exclusively Listed By
Broker of Record
Single-Tenant Industrial
STNL Industrial w/Annual Rent Escalation
Listing Price: $4,062,667
Investment Highlights
- Tenant Nelson Global was Founded in 1939 and Has Operations in Seven Countries, with Revenue Greater than $400 Million
- Well Established Industrial Corridor | Nearby National Tenants Include: Coca-Cola, Johnson Controls, Seavac, International Paper, Mitsubishi, LH Carbide, and Sabert
- Affluent Community in Fort Wayne Metropolitan Statistical Area with a Population of 146,173 and an Average Household Income of Over $59,766 Within Five Miles of the Subject Asset, as of 2021
- Subject is less than 4 Miles from Ft Wayne International Airport, Serving 600 Thousand Passengers Annually (fwairport.com)
Investment Overview
Subject is a Prime 110,000 Square-Foot Industrial Building on a Ten Acre Lot and Features Ample Parking and Easy Ingress/Egress. Features an NN Lease with a Five-Year Base Term and Minimal Landlord Responsibility | Average 2.9% Annual Rental Increases, 1 x 5-Year Option.
Exclusively Listed By
Broker of Record
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Josh Caruana
First Vice President/District Manager
