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Shopping Community

Biaggi's Ristorante Italiano

4010 W Jefferson Blvd, Fort Wayne, IN 46804

Listing Price: $3,571,428

Cap Rate
6.65%
Gross SF
9,500
Rentable SF
9,500
Price/Gross SF
$375.94
Lot Size
1.20 acres
Year Built
2001

Investment Overview

Built-To-Suit for Biaggi’s Ristorante Italiano in 2001 |Well-Established Long-Term Restaurant Tenant | Tenant Reports Strong Historical Sales Well Positioned in One of Fort Wayne’s Most-Trafficked Major Retail Corridors | Part of Jefferson Pointe Shopping Center, Which is in the Top 10% of Regional Malls Nationwide in Foot Traffic Per Placer.ai | Adjacent to Apple Glen Crossing Surrounding National Retailers Include Best Buy, Kohl’s, Walmart, Bed Bath & Beyond, Target, AMC Theater, , Marshalls, Barnes & Noble, Bath & Body Works, and More | Jefferson Pointe Had 5.2 Million Visits in 2021 | Apple Glen Crossing Had 3.9 Million Visits in 2021 Signalized Intersections at the North and South of Apple Glen Blvd, Which Runs Between Jefferson Pointe and Apple Glen Crossing, and Has Multiple Ingress/Egress Points to Both Centers Great Location on West Jefferson Boulevard (40,100 VPD) to the South of the Property and Illinois Road (39,970 VPD) to the North | Five Miles from I-69 (70,041 VPD)

Investment Highlights

  • Built-to-Suit for Biaggi's Ristorante Italiano in 2001 | Well-Established Long-Term Restaurant Tenant With Strong Historical Sales
  • Outparcel to Jefferson Pointe Shopping Center, an Open-Air Lifestyle Center, Which is in the Top 10% of Regional Malls Nationwide in Foot Traffic Per Placer.ai
  • Great Location on W Jefferson Blvd (40,100 VPD) and Illinois Rd (39,970 VPD) | Five Miles from I-60 (70,041 VPD)

Exclusively Listed By

Shopping Community

Biaggi's Ristorante Italiano

Listing Price: $3,571,428

Cap Rate
6.65%
Gross SF
9,500
Rentable SF
9,500
Price/Gross SF
$375.94
Lot Size
1.20 acres
Year Built
2001

Investment Highlights

  • Built-to-Suit for Biaggi's Ristorante Italiano in 2001 | Well-Established Long-Term Restaurant Tenant With Strong Historical Sales
  • Outparcel to Jefferson Pointe Shopping Center, an Open-Air Lifestyle Center, Which is in the Top 10% of Regional Malls Nationwide in Foot Traffic Per Placer.ai
  • Great Location on W Jefferson Blvd (40,100 VPD) and Illinois Rd (39,970 VPD) | Five Miles from I-60 (70,041 VPD)

Investment Overview

Built-To-Suit for Biaggi’s Ristorante Italiano in 2001 |Well-Established Long-Term Restaurant Tenant | Tenant Reports Strong Historical Sales Well Positioned in One of Fort Wayne’s Most-Trafficked Major Retail Corridors | Part of Jefferson Pointe Shopping Center, Which is in the Top 10% of Regional Malls Nationwide in Foot Traffic Per Placer.ai | Adjacent to Apple Glen Crossing Surrounding National Retailers Include Best Buy, Kohl’s, Walmart, Bed Bath & Beyond, Target, AMC Theater, , Marshalls, Barnes & Noble, Bath & Body Works, and More | Jefferson Pointe Had 5.2 Million Visits in 2021 | Apple Glen Crossing Had 3.9 Million Visits in 2021 Signalized Intersections at the North and South of Apple Glen Blvd, Which Runs Between Jefferson Pointe and Apple Glen Crossing, and Has Multiple Ingress/Egress Points to Both Centers Great Location on West Jefferson Boulevard (40,100 VPD) to the South of the Property and Illinois Road (39,970 VPD) to the North | Five Miles from I-69 (70,041 VPD)

Exclusively Listed By

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