Investment Overview

Marcus & Millichap is pleased to present to market 127 W. Wayne St. – a fully occupied 25,698 square foot, multi-tenant professional office building located in the heart of downtown Fort Wayne, IN. 127 W. Wayne St is a modernized office property with a rich history, originally built in the early 20th century but meticulously maintained and updated over the years to meet modern business needs. The building currently houses a robust mix of professional and creative users, including notable tenants such as Rural Sourcing Inc, Bradley Company, and Kitchenworks. With its strategic downtown location and diverse tenant base, 127 W Wayne Street offers a strong, in-place cash flow and provides investors an opportunity for value appreciation through potential rent growth. Market: 127 W. Wayne St is located in the Fort Wayne Metropolitan Statistical Area (MSA), the second largest city in Indiana, known for its thriving downtown core and growing business community. Fort Wayne’s downtown area has experienced significant redevelopment in recent years, enhancing its position as a business hub and destination for professionals and entrepreneurs alike. With a population of over 400,000 residents in the MSA and consistent growth, Fort Wayne offers a solid economic foundation for businesses seeking a dynamic and well-connected location. The property is well-positioned to benefit from the city’s sustained growth and revitalization efforts. Location: 127 W. Wayne St is situated in the heart of Fort Wayne’s Central Business District. This prime downtown location provides excellent visibility and accessibility, just minutes from major city attractions, government offices, and Fort Wayne’s robust arts and culture scene. The property enjoys easy access to major thoroughfares, including Interstate 69, and is surrounded by a variety of restaurants, retail, and services that enhance its appeal to professional tenants. The location's walkability and proximity to public transportation further reinforce its desirability for businesses looking to be in the center of Fort Wayne’s business ecosystem. Stable Current Tenant Mix: 127 W. Wayne St is fully leased by a strong mix of professional and service-based tenants, ensuring a steady income stream for investors. Current tenants include Rural Sourcing Inc, a national IT services firm; Bradley Company, a premier commercial leasing and management company; and Kitchenworks, a high-end kitchen and cabinetry design studio. The property’s consistent occupancy and tenant retention underscore the desirability of its location and amenities. Several tenants have long-term commitments, further solidifying the building’s cash flow stability and reducing turnover risk. Why 127 W Wayne St? 127 W. Wayne St offers investors the opportunity to acquire a stable, income-producing asset in Fort Wayne’s thriving downtown district. With its strong tenant mix, fully occupied status, and potential for rent growth, the property provides a solid foundation for cash flow with potential upside in future rent escalations. Fort Wayne’s ongoing downtown redevelopment, coupled with the property’s prime location, makes 127 W. Wayne St a compelling investment opportunity for those looking to capitalize on a growing market and established tenant base. Property Features: 127 W. Wayne St stands out as a modern professional office building that combines its historic charm with contemporary functionality. The property offers over 25,000 square feet of office space across multiple floors, with flexible layouts to accommodate both large and small tenants. The building features recently updated common areas, high-speed internet access, and attractive tenant suites. The property also benefits from nearby parking options, a rarity for downtown office buildings. Tenants and visitors alike enjoy convenient access to 127 W. Wayne Street’s clean, professional spaces.