For Sale
$1,030,000

6320 Bluffton Rd Fort Wayne, IN 46809

Profitable Dollar General investment. High traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fully leased, single-tenant convenience store located at 6320 Bluffton Road, Fort Wayne, Indiana. The property boasts a 9,100 square foot building situated on a 1.5-acre lot, built in 2008. The property is zoned C2/Limited Commercial and features a strong credit tenant, Dollar General, under a NNN lease. The current lease expires July 31, 2025, with approximately 0.7 years remaining. The asking price is $1,030,000, representing a 5.00% cap rate, with a projected 5.6% renewal cap rate. The property enjoys 100% occupancy and benefits from a high-traffic location on Bluffton Road, experiencing 12,534 vehicles per day. Minimal landlord responsibilities are required due to the NNN lease structure. This is a turnkey investment opportunity with significant potential for long-term returns. The Allen County property (APN: 02-12-27-151-004.000-074) offers a rare chance to acquire a well-established, income-producing asset in a prime commercial location. The property's size and location make it an attractive investment for both seasoned and new investors seeking a stable and profitable addition to their portfolio. The price per square foot is $113.19.

Highlights

  • Strong credit tenant, Dollar General.
  • Corporate guaranteed lease.
  • Minimal landlord responsibilities; NNN lease.
  • 9,100 SF building on a 1.5-acre lot.
  • Built in 2008.
  • High-traffic location on Bluffton Road (12,534 VPD).

Property Details for 6320 Bluffton Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,100 SF
Year Built
2008
Buildings
1
Stories
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0252509
Longitude
-85.1688768

FAQs

What type of property is this?
Retail property - Profitable Dollar General investment. High traffic location.
Where is the retail property located?
The property is located at 6320 Bluffton Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Strong credit tenant, Dollar General.; Corporate guaranteed lease.; Minimal landlord responsibilities; NNN lease.
How can I contact the broker?
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6320 Bluffton Rd
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