6309 Lima RdFort Wayne, IN 46818

  • Retail properties
  • 218,684 SF
For Lease

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
6309 Lima Rd, Fort Wayne, Indiana

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

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
$264,257
$4,796,000
$5,224,400
$10,020,400
-
$4,796,000
$5,224,400
$10,020,400

FAQs

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