Investment Overview

Marcus & Millichap is pleased to exclusively represent for sale or lease this Single-Story Office Building in Bluestem Business Park, located at 8645 E Backwater Road, North Webster, Indiana, part of the Fort Wayne MSA (Population: 457,842). Built in 2000, the subject property features 13,200 SF GLA, large open floor plan with six offices, two conference rooms, a lounge, breakroom, storage areas, a receiving area, and two restrooms. Zoned commercial and formerly Group Dekko’s headquarters, the property is well-suited for adaptive reuse as office, R&D, retail showroom, educational facility, or religious institution. Recent CapEx includes four new HVAC units and a new private well (2023). The building offers 14' clear height to eaves, metal construction and roof, security system, and 50 dedicated parking spaces. With frontage along E Backwater Road, the subject property offers building signage and strong visibility. Ask about additional space available in the park. The subject property is located between Lake Webster and The Backwaters, minutes from South Main St (9,146 VPD), 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, Mishawaka and South Bend. Known as "The Heart of the Lakes“, North Webster experiences a 50% population increase in the summer, driven by tourism. The local population is 109,622 with an affluent Average Household Income of $86,517 within 15 miles of the subject property. Kosciusko County is home to major agribusiness and recreation industries and is recognized as the “Orthopedic Capital of the World. Currently vacant, this property presents a unique opportunity for owner-users or investors to secure premier leasable space in the vibrant, business-friendly community of North Webster. The average market rent is $8.41 SF for office and flex properties combined (CoStar Group, March 2025). Indiana ranks as the top Midwestern state and the sixth-best state for business in the country (Chief Executive Magazine, 2024).