Map of Property

Gerber Collision Portfolio

For Sale

3930 Coldwater Road, FORT WAYNE, IN 46802

This FORT WAYNE property for sale is located at 3930 Coldwater Road. The current listed sale price for Gerber Collision Portfolio is Subject to June 5th, 2024 Auction . Gerber Collision Portfolio is situated on a lot that is 50,878 acre in size.

Contacts

broker

Logan McAnallen, CCIM

Legacy Commercial Group

(810) 206-3504

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,524 SF
  • Lot Size 50,878 Acre
  • Year Built 1966
  • Date Updated Apr 24, 2024
FillLegacy Commercial Group, listed in conjunction with Indiana real estate Broker, David B Zacharia license RB14038419, is pleased to present the auction sale of (3) single-tenant Gerber Collision & Glass locations throughout Ft. Wayne, IN. These are long-term, proven, collision & glass locations that were acquired by Gerber in 2020. Gerber has since shown their commitment to the sites by signing early lease extensions at all three locations. These leases are identical in structure and feature limited landlord responsibilities as well as rental increases in each of the four remaining renewal options.

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Highlights

  • Below Market Auction Reserve Price | Expectations of a Double Digit Cap Rate Sale Price
  • Auction Opens June 3rd-5th 2024 | Contact Broker for Further Details
  • Commitment to All Three Sites shown by Early Lease Extensions | Expiring March 31, 2030
  • Proven Long Term Collision & Glass Locations | Strategic Positioning Throughout Ft. Wayne, IN
  • Low Rent / Low Cost of Occupancy Locations | Average Lease Rate of $4.44
  • Limited Landlord Responsibilities | 5% Increases in Each Option

Getting around

  • 64/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City FORT WAYNE, IN
  • Neighborhood Northcrest
  • Zip Code 46802
  • Market Fort Wayne

Points of Interest

  • Marathon

    0.38 miles

  • Marathon

    0.48 miles

  • Shell

    0.54 miles

  • Sunoco

    0.85 miles

  • North Anthony Gasway

    1.07 miles

  • Lassus Handy Dandy

    1.10 miles

  • Lassus Handy Dandy

    1.11 miles

  • Shell

    1.33 miles

  • BP

    1.35 miles

  • Marathon

    1.35 miles

  • Envision Church Parking

    0.74 miles

  • Lot 6

    1.10 miles

  • Lot 7

    1.17 miles

  • Lot 4

    1.26 miles

  • Lot 9

    1.28 miles

  • Lot 8

    1.33 miles

  • Lot 3

    1.34 miles

  • Lot 2

    1.37 miles

  • Parking Garage 1

    1.40 miles

  • Lot 9001

    1.47 miles

  • Granite City Food and Brewery

    0.13 miles

  • Sbarro

    0.29 miles

  • The Apple Glen Food court

    0.29 miles

  • Chick-fil-A

    0.30 miles

  • Red Robin

    0.31 miles

  • Auntie Anne's

    0.34 miles

  • Panera Bread

    0.35 miles

  • Dos Margaritas

    0.40 miles

  • Potbelly

    0.41 miles

  • Blaze Pizza

    0.41 miles

  • Target

    0.23 miles

  • JCPenney

    0.24 miles

  • Macy's

    0.25 miles

  • Glenbrook Square

    0.30 miles

  • Kroger

    0.32 miles

  • Fresh Thyme

    0.32 miles

  • Carson's

    0.34 miles

  • TJ Maxx

    0.54 miles

  • Ross

    0.58 miles

  • Aldi

    0.60 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Logan McAnallen, CCIM

Legacy Commercial Group

(810) 206-3504