Stan Johnson Company is offering for sale to qualified investors the opportunity to purchase a 100% fee-simple interest in the commercial property located at 3620 Independence Dr., Fort Wayne, Indiana (the Property ). The facility is leased to Federal Express Corporation and functions as a FedEx Express Ship Center. The center provides a central location for FedEx customers to deposit packages for shipping. The center also provides International Shipping, Express Services, Ground Services, Dangerous Goods Shipping, and Monday - Saturday hold at Location Services.
The subject property is located near the northeast corner of East Paulding Road (13,500 AADT) and Lafayette Street (24,400 AADT) where there is a large concentration of educational institutions. The property is situated in a highly visible and easily accessible corridor along a signalized intersection, further enhancing the property' s ability to draw consumers. The northwest quadrant of the intersection is occupied by Bishop Leurs High School, which has approximately 590 students enrolled. Collectively, there are over ten major educational campuses in a two and a half mile radius from Subway, with more than 14,700 students enrolled. The substantial amount of students is a strong generator of business for food users in the area, particularly for this Subway location. Just north of the property are two grocer-anchored shopping centers. The first is a Kroger anchored shopping center that includes notable tenants such as Walgreens, Dollar Tree, Rent-A-Center, Burger King, KFC, AT&T, and Pizza Hut, among others. The other is a community focused center anchored by Summit Market and features various local retailers.
The subject property is located at the heavily travelled southeast corner of South Clinton Street (21,000 AADT) and East Jefferson Boulevard (22,500 AADT) in the heart of Downtown Fort Wayne. This is a dense infill location with a robust population of 98,041 in a three mile radius. One block west of the property is the 225,000 square foot Grand Wayne Convention Center, with two hotels adjoining the convention center - the nine floor, 244 room Hilton Hotel and the six floor, 250 room Courtyard by Marriot. There has been significant development occurring in the immediate area within the past decade, which has been led by the $90+ million downtown revitalization project. Leading the way of this revitalization is Harrison Square, which features a multi-use baseball stadium (Parkview Field home of the TinCaps minor league baseball team), retail shops, restaurants, condominiums, and more. The final phase of the development was The Harrison, an upscale retail and residential complex totaling $18.5 million. This location is prime for national food users such as Subway, as there is a constant influx of travelers to nearby attractions and events hosted by the Grand Wayne Convention Center.
The subject property is located near the southwest intersection of West Coliseum Boulevard (30,700 AADT) and Executive Boulevard (7,000 AADT). The area is a strong generator of business for this Subway, as there are a number of office buildings and retailers in proximity. Prominent companies with operations in the immediate area include Aramark, Dairy Queen, Rescare, INdigital telecom, Metal X, Tippman Foods, and Heartland Home Health Care & Hospice, amongst others. Less than a mile east of the property where West Coliseum Boulevard interects U.S. Highway 27 (46,100 AADT) is Glenbook Commons and Glenbrook Square, two prominent retail centers in the area. Glenbrook Square is the only super-regional mall in northeast Indiana and one of the three largest malls in the state. Glenbrook Square contains 1.21 million square feet of retail space and is anchored by the likes of Macy' s, J.C. Penney, Sears, Carson' s, and Barnes & Noble. Additionally, the property benefits from convenient access to Interstate 69 (66,900 AADT) and U.S. Highway 30 (23,600 AADT) approximately one mile west of the property.
The subject property is located on a triangular parcel that is intersected by West Jefferson Boulevard (38,500 AADT), Hillegas Road (17,500 AADT), and Illinois Road (14,000 AADT). Subway is situated within the Parkwest Shopping Center, a 205,000 square foot mixed-use center containing retail and office space. The Shopping center is anchored by Tuesday Morning, Big Lots! and Dollar General. Adjacent to Parkwest is the 650,000 square foot open-air lifestyle center Jefferson Pointe Shopping Center. The center features over 60 stores and services, and includes major tenants such as Bed Bath & Beyond, Marshalls, Michaels, and Carmike Cinemas IMAX. Just south of Jefferson Pointe is Apple Glen Crossing, a prominent strip center anchored by Walmart, Kohl' s, Best Buy, and PetSmart. Subway' s close proximity to these major retail centers allows it to capitalize on the consumer draw to the area.
Site located on booming Lima Road corridor, located just North of the intersection of Lima and Dupont Roads near the new Super Wal-mart.TaxID/APN: 02-02-32-304-001.000-057 269027 sq ft useable space at aprox $1.84 sq ft. zoning C-1A(P)(Planned Professional and Personal Services) Keefer Professional Park planned for professional offices will fulfill a need for insurance offices, real estate offices, doctor offices, etc. 330 ft of frontage along Lima Rd. A positive factor to this site is that there is a unobstructed crossover in the road median providing access to the site from the North and South bound lanes of Lima Rd. Property is not in flood hazard area according to the Flood Insurance Rate Map of NFIP. Approximately 30,000 vehicles pass by this property daily according to IDT. There are no existing sturtures on this property.
Investor Special. 3 Bedroom 2 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.
FOR SALE OR LEASE. 82,564 SF Industrial building situated on approx. 5.8 acres. Building is "cold & dark". Will require electrical update, HVAC update (plumbed for hanging gas heat)and roof repairs. Construction - Brick/Concrete & Steel
This self managed independent motel (formerly a Howard Johnson Inn) offers a strong investment opportunity. It boasts a low vacancy rate, high volume of long term guests, and additional strong upside potential (could be returned to full service location with minimal expense).