Restaurant
Starbucks | Out-Parcel to Menards & Walmart | Indiana's 2nd Largest City
7755 N Southtown Crossing, Fort Wayne, IN 46816
Listing Price: $2,282,051
Investment Overview
Marcus & Millichap is pleased to present for sale the Starbucks located in the city of Fort Wayne, Indiana’s second largest city.
Built in 2022, the Property sits on 0.90 acres of prime real estate along U.S. Hwy 27, a major thoroughfare that leads from Interstate 469 directly into downtown Fort Wayne and experiences +/-10,000 vehicles-per-day. The property also benefits from being located in a shopping center destination area known as Southtown Crossing, which consists of tenants such as: Menards, Walmart Supercenter, Taco Bell, WellNow Urgent Care, AutoZone, Wendy’s, OneMain Financial, T-Mobile, Planet Fitness and Caliber Collision.
The immediate area has experienced commercial and industrial development growth. The city of Fort Wayne has been offering incentive programs to attract retailers and developers to this under-served area to the local residents. Most recently, it was announced that there will be a brand-new Culver’s in front of Walmart by 2026. The Property is also within a 15-minute drive of Fort Wayne’s International Airport, recognized as “the nation’s friendliest airport” by USA Today and offers daily non-stop flights on four different airlines. The area surrounding the airport is filled with various local, regional and national warehouse and distribution companies, including: Amazon, FedEx, General Mills, Lippert Components, General Motors, Coco Cola, Pepsi Co., International Paper Company and more.
Starbucks | Out-Parcel to Menards & Walmart | Indiana's 2nd Largest City
Investment Highlights
- Newer 2022 Construction
- Out-Parcel to Menards and Walmart Supercenter and a Brand-New Culver's is Slatted for Construction to be Completed by 2026
- Surrounded by National Retailers, New Developments, Residential and Apartment Communities and Close Proximity to the Fort Wayne International Airport
- 7.5 Percent Rental Increases Every Five Years and in Option Periods
- Fort Wayne is the Second-Largest City in the State of Indiana, and the Hub of Northeast Indiana
- +/-56,000 Residents within a Three-Mile Radius with an Average Five-Mile Consumer Spending of +/-$929 Million
Exclusively Listed By
Restaurant
Starbucks | Out-Parcel to Menards & Walmart | Indiana's 2nd Largest City
Listing Price: $2,282,051
Investment Highlights
- Newer 2022 Construction
- Out-Parcel to Menards and Walmart Supercenter and a Brand-New Culver's is Slatted for Construction to be Completed by 2026
- Surrounded by National Retailers, New Developments, Residential and Apartment Communities and Close Proximity to the Fort Wayne International Airport
- 7.5 Percent Rental Increases Every Five Years and in Option Periods
- Fort Wayne is the Second-Largest City in the State of Indiana, and the Hub of Northeast Indiana
- +/-56,000 Residents within a Three-Mile Radius with an Average Five-Mile Consumer Spending of +/-$929 Million
Investment Overview
Marcus & Millichap is pleased to present for sale the Starbucks located in the city of Fort Wayne, Indiana’s second largest city. Built in 2022, the Property sits on 0.90 acres of prime real estate along U.S. Hwy 27, a major thoroughfare that leads from Interstate 469 directly into downtown Fort Wayne and experiences +/-10,000 vehicles-per-day. The property also benefits from being located in a shopping center destination area known as Southtown Crossing, which consists of tenants such as: Menards, Walmart Supercenter, Taco Bell, WellNow Urgent Care, AutoZone, Wendy’s, OneMain Financial, T-Mobile, Planet Fitness and Caliber Collision. The immediate area has experienced commercial and industrial development growth. The city of Fort Wayne has been offering incentive programs to attract retailers and developers to this under-served area to the local residents. Most recently, it was announced that there will be a brand-new Culver’s in front of Walmart by 2026. The Property is also within a 15-minute drive of Fort Wayne’s International Airport, recognized as “the nation’s friendliest airport” by USA Today and offers daily non-stop flights on four different airlines. The area surrounding the airport is filled with various local, regional and national warehouse and distribution companies, including: Amazon, FedEx, General Mills, Lippert Components, General Motors, Coco Cola, Pepsi Co., International Paper Company and more.
Exclusively Listed By
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