6309 Lima RdFort Wayne, IN 46818

Property Details for 6309 Lima Rd

Year built

1993

Construction

TYPE NOT SPECIFIED

Lot size

32.27 AC

Property size (Sq ft)

218,684 SF

Property type

Outlet malls

APN

02-07-15-327-001.000-073

APU

20715327001000073

Description

This exceptional retail opportunity presents two available spaces within a high-traffic Meijer store in Fort Wayne, Indiana, at 6309 Lima Rd, 46818. Located in Allen County, the spaces offer prime, front-of-store visibility, attracting thousands of weekly customers. Units range from 585 to 904 contiguous square feet, with a total of 1,489 vacant square feet in the building. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. Ideal for businesses seeking high foot traffic and exposure, this "Store-Within-A-Store" concept provides excellent branding opportunities, including both interior and exterior signage. The location benefits from strong demographics and is situated in a thriving trade area. This is a unique opportunity to establish your business within a well-known Midwest retail destination. The property is categorized as retail, commercial, and has multiple tenancy.

• CAP approach

  CAP return

  Valuation

  6%

  $60,461,548

  6.5%

  $55,810,660

  7%

  $51,824,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,546,544

  Geo Method

  $10,850,838

• Alternative Use

  Use

  Valuation

  Residential

  $47,078,380

  Hospitality

  $43,123,544

  Educational

  $35,878,280

  Medical

  $37,112,192

  Retail

  $55,810,660

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.1379

Longitude

-85.165

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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