3400 Coliseum BlvdFort Wayne, IN 46805

  • Office properties
  • 64,446 SF
For Lease
$15/SF/YR View listing

Property Details for 3400 Coliseum Blvd

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
5.44 AC
Property size (Sq ft)
64,446 SF
Property type
Office properties
APN
02-08-29-376-004.000-072
APU
20829376004000072

Description

This exceptional sublease opportunity presents 14,926 square feet of high-tech office space within a prestigious Class A building in Fort Wayne, Indiana. Located at 3400 E Coliseum Blvd, this single-tenant space is part of a larger, well-maintained campus encompassing 60,422 square feet across three stories. The building, constructed in 1989, features modern amenities including elevators and ample parking. Benefit from on-site maintenance and daily janitorial services, ensuring a clean and efficient work environment. The property sits on a 4.48-acre lot and is zoned C2. Its convenient location offers easy access to major transportation arteries, being less than a mile from Purdue University Fort Wayne and Ivy Tech Community College, and only 3 miles from I-69. Furthermore, its proximity to the Glenbrook Square Mall area provides employees with a wealth of nearby retail, dining, and shopping options. This property offers below-market rents, making it an attractive option for businesses seeking a high-quality, cost-effective office space in a prime Fort Wayne location. The Allen County property (APN: 02-08-30-428-002.000-072) offers a strategic advantage for businesses seeking a prominent presence in this thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,121,068
    6.5%
    $11,188,678
    7%
    $10,389,487
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,268,942
    Geo Method
    $1,268,942
  • Alternative Use

    Use
    Valuation
    Residential
    $13,873,961
    Hospitality
    $12,708,474
    Educational
    $10,573,301
    Medical
    $10,936,933
    Retail
    $16,447,357

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.1067
Longitude
-85.0935
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$53,123
$592,900
$1,418,200
$2,011,100
-
$592,900
$1,418,200
$2,011,100

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