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Office Warehouse

For Sale or Lease | Prime Flex Building | Fort Wayne MSA

8645 E Backwater Rd, North Webster, IN 46555

Listing Price: $675,000

Gross SF
13,200
Price/Gross SF
$51.14
Lot Size
1.29 acres
Year Built
2000
Rentable SF
13,200

Investment Overview

Marcus & Millichap is pleased to exclusively represent for sale or for lease this Prime Flex Building in Bluestem Business Park, located at 8645 E Backwater Road, North Webster, Indiana, part of the Fort Wayne MSA (Population: 457,842).

This single-story, 13,200 square foot building, built in 2000, offers six offices, two conference rooms, a lounge, two bathrooms, multiple storage rooms/closets, breakroom, and receiving area. The property is equipped with four new HVAC units (2023), new private well (2023), fire extinguishers, a security system, and onsite parking with 50 dedicated spaces. With a 14’ clear height to eaves*, metal roof, and metal construction, the property is zoned for commercial light manufacturing, making it suitable for a variety of industrial and commercial uses. The property benefits from frontage along E Backwater Road. Building signage is available.

Adjacent to Dekko, Sterling Contracting, LLC, and Freedom Rebar & Concrete Supply, Inc., the property is located between Lake Webster and The Backwaters, minutes from South Main St (9,146 vehicles per day), North Webster’s main thoroughfare. Routes 6 and 30 are within a 15-minute drive, facilitating efficient connectivity across Indiana. Fort Wayne is less than an hour away, with easy access to surrounding markets, including Warsaw, Goshen, Elkhart, and South Bend.

Known as "The Heart of the Lakes“, North Webster experiences a 50 percent population increase in the summer, driven by tourism. The local population is 52,726 with an affluent Average Household Income of $88,994 within 10 miles of the subject property.

Kosciusko County, home to North Webster, is a hub for agribusiness, medical devices, and recreation. The county is known as the “Orthopedic Capital of the World”, and is home to leading companies including Zimmer Biomet, DePuy Synthes, and Tecomet in the medical device sector. Agribusiness is a key industry, with major players such as Louis Dreyfus Commodities, CTB, Inc., and Maple Leaf Farms within 25 miles.

Currently vacant, this property presents a unique opportunity for owner-users or investors to secure premier flex space in the vibrant, business-friendly community of North Webster. The average market rent is $7.50 SF for office and flex properties combined, with 0 percent vacancy (CoStar Group, August 2024). Indiana ranks as the top Midwestern state and the sixth-best state for business in the country (Chief Executive Magazine, 2024).

Potential for seller carry for a qualified buyer.

Investment Highlights

  • 13,200 Square Foot Single-Story Flex Building | Built 2000 | Metal Construction and Roof | 14' Clear Height | 1.29 AC Parcel
  • High-Visibility Location | Frontage along E Backwater Road in Bluestem Business Park next to Dekko, Sterling Contracting, LLC and Freedom Rebar & Concrete Supply, Inc
  • Four New HVAC Units (2023) | New Private Well (2023) | Fire Extinguishers | Security System | Air Conditioning | Onsite Parking is Approximately 50 Spaces
  • Six Offices | Two Conference Rooms | Lounge | Two Bathrooms | Multiple Storage Rooms/Closets Breakroom | Open Floor Plan | Receiving Area
  • Zoned for Commercial Light Manufacturing, Suitable for Various Industrial and Commercial Uses
  • Located Between Lake Webster and The Backwaters, Minutes from S Main Street (9,146 Vehicles per Day), North Webster's Main Thoroughfare | Within 15-Minute Drive of Routes 6 and 30, Providing Connectivity Across Indiana | Less than an hour from Fort Wayne, with Easy Access to Surrounding Markets such as Warsaw, Goshen, Elkhart and South Bend
  • Educated Workforce: Ivy Tech Northeast (11,538 Students) Trine University (8,446) | Purdue University Fort Wayne (6,289) | University of Saint Francis (3,185) | Grace College (1,598) | Manchester University (1,300)
  • Local Population: 52,726 | Average Household Income: $88,994 (Within 10 Miles)

Exclusively Listed By

Office Warehouse

For Sale or Lease | Prime Flex Building | Fort Wayne MSA

Listing Price: $675,000

Gross SF
13,200
Price/Gross SF
$51.14
Lot Size
1.29 acres
Year Built
2000
Rentable SF
13,200

Investment Highlights

  • 13,200 Square Foot Single-Story Flex Building | Built 2000 | Metal Construction and Roof | 14' Clear Height | 1.29 AC Parcel
  • High-Visibility Location | Frontage along E Backwater Road in Bluestem Business Park next to Dekko, Sterling Contracting, LLC and Freedom Rebar & Concrete Supply, Inc
  • Four New HVAC Units (2023) | New Private Well (2023) | Fire Extinguishers | Security System | Air Conditioning | Onsite Parking is Approximately 50 Spaces
  • Six Offices | Two Conference Rooms | Lounge | Two Bathrooms | Multiple Storage Rooms/Closets Breakroom | Open Floor Plan | Receiving Area
  • Zoned for Commercial Light Manufacturing, Suitable for Various Industrial and Commercial Uses
  • Located Between Lake Webster and The Backwaters, Minutes from S Main Street (9,146 Vehicles per Day), North Webster's Main Thoroughfare | Within 15-Minute Drive of Routes 6 and 30, Providing Connectivity Across Indiana | Less than an hour from Fort Wayne, with Easy Access to Surrounding Markets such as Warsaw, Goshen, Elkhart and South Bend
  • Educated Workforce: Ivy Tech Northeast (11,538 Students) Trine University (8,446) | Purdue University Fort Wayne (6,289) | University of Saint Francis (3,185) | Grace College (1,598) | Manchester University (1,300)
  • Local Population: 52,726 | Average Household Income: $88,994 (Within 10 Miles)

Investment Overview

Marcus & Millichap is pleased to exclusively represent for sale or for lease this Prime Flex Building in Bluestem Business Park, located at 8645 E Backwater Road, North Webster, Indiana, part of the Fort Wayne MSA (Population: 457,842). This single-story, 13,200 square foot building, built in 2000, offers six offices, two conference rooms, a lounge, two bathrooms, multiple storage rooms/closets, breakroom, and receiving area. The property is equipped with four new HVAC units (2023), new private well (2023), fire extinguishers, a security system, and onsite parking with 50 dedicated spaces. With a 14’ clear height to eaves*, metal roof, and metal construction, the property is zoned for commercial light manufacturing, making it suitable for a variety of industrial and commercial uses. The property benefits from frontage along E Backwater Road. Building signage is available. Adjacent to Dekko, Sterling Contracting, LLC, and Freedom Rebar & Concrete Supply, Inc., the property is located between Lake Webster and The Backwaters, minutes from South Main St (9,146 vehicles per day), North Webster’s main thoroughfare. Routes 6 and 30 are within a 15-minute drive, facilitating efficient connectivity across Indiana. Fort Wayne is less than an hour away, with easy access to surrounding markets, including Warsaw, Goshen, Elkhart, and South Bend. Known as "The Heart of the Lakes“, North Webster experiences a 50 percent population increase in the summer, driven by tourism. The local population is 52,726 with an affluent Average Household Income of $88,994 within 10 miles of the subject property. Kosciusko County, home to North Webster, is a hub for agribusiness, medical devices, and recreation. The county is known as the “Orthopedic Capital of the World”, and is home to leading companies including Zimmer Biomet, DePuy Synthes, and Tecomet in the medical device sector. Agribusiness is a key industry, with major players such as Louis Dreyfus Commodities, CTB, Inc., and Maple Leaf Farms within 25 miles. Currently vacant, this property presents a unique opportunity for owner-users or investors to secure premier flex space in the vibrant, business-friendly community of North Webster. The average market rent is $7.50 SF for office and flex properties combined, with 0 percent vacancy (CoStar Group, August 2024). Indiana ranks as the top Midwestern state and the sixth-best state for business in the country (Chief Executive Magazine, 2024). Potential for seller carry for a qualified buyer.

Exclusively Listed By

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