For Lease
$15/SF/YR

5820 Challenger PkwyFort Wayne, IN 46818

Nine Suites, 1.73 Acres, Excellent Visibility

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail property, situated in the thriving Cross Creek Commons, presents a compelling investment opportunity. The single-story, 18,440 square foot building boasts nine suites, with 3,360 square feet currently available for lease. Built in 2003, this Class B center is strategically located on Washington Center Road, just 0.1 miles north of the high-traffic Lima Road/I-69 interchange (Exit 111), experiencing 15,000 vehicles per day. The property features ample parking with 143 spaces and benefits from prominent pylon and building signage opportunities, particularly for end-cap suites. The 1.73-acre lot is zoned Sc/Shopping Center, providing flexibility for various retail uses. The property is locally owned and professionally managed, offering a stable and well-maintained environment. Currently, lease rates are $15.00 per square foot per year, NNN. This multi-tenant strip center offers a blend of established businesses and available space, making it an ideal investment for both seasoned and emerging investors seeking a high-visibility location with strong traffic counts. The Allen County location and convenient access to major roadways ensure consistent customer flow and high potential for return on investment. The property's address is further identified by APN 02-07-22-201-002.000-073 and is conveniently located near St. Rd. 3/Lima Rd.

Highlights

  • 18,440 SF retail building with 9 suites in Allen County.
  • 1.73-acre lot with 143 parking spaces.
  • 3,360 SF of vacant space available, including one end cap.
  • Located in a high-traffic multi-tenant strip center, near I-69 interchange (Exit 111).
  • Class B building, built in 2003, with pylon and building signage available.
  • Lease rate: $15.00/SF/year, NNN.

Property Details for 5820 Challenger Pkwy

Property type
Retail properties
RSF (Rentable sq. ft)
18,440 SF
Class
B
Year Built
2003
Buildings
1
Stories
1

Unit(s) available at that property

Space
5834 Suite B
Size
1,680 SF
Rate per SF
$15
Space
5836 Suite A
Size
1,680 SF
Rate per SF
$15

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.13200757
Longitude
-85.16219699
5820 Challenger Pkwy, Fort Wayne, Indiana

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Contacts

Joy Neuenschwander, SIOR, CPM
Joy Neuenschwander, SIOR, CPM
Stephanie Levine
Stephanie Levine
Visit Broker Website

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5820 Challenger Pkwy, Fort Wayne, Indiana, 46818

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5820 Challenger Pkwy
  • Joy Neuenschwander, SIOR, CPM
    Joy Neuenschwander, SIOR, CPM
  • Stephanie Levine
    Stephanie Levine
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