Park 3000

For Sale

2980 - 2990 E. Coliseum Blvd., Fort Wayne, IN 46805

This Fort Wayne property for sale is located at 2980 - 2990 E. Coliseum Blvd.. The general use of Park 3000 is office and it incorporates 60,040 square feet of class B office space. The current listed sale price for Park 3000 is $7,750,000. Park 3000 is situated on a lot that is 5.51 acre in size.

Contacts

broker

Fletcher S. Moppert

The Zacher Company

Property Details

  • Property Type Office - General Office
  • Property Size 60,040 SF
  • Units 2
  • Lot Size 5.51 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 200
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1959
  • Year Renovated 2018
  • Date Updated Jun 10, 2024
Fort WayneIntroducing the prime investment opportunity at 2980-2990 E. Coliseum Blvd. in Fort Wayne, IN. This distinguished property boasts a 60,040 SF building comprised of 2 units, meticulously renovated in 2018. Ideal for Office/Office Building investors, it is 100% occupied with a triple net lease offering 5 years remaining. Boasting a coveted location adjacent to Purdue Fort Wayne Business School, the property's iconic setting features ponds, fountains, and walking paths. With an impressive NOI of $660,440 and a competitive cap rate of 8.5%, this compelling opportunity is offered at a sale price of $7,750,000 ($129 psf).

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Highlights

  • Triple net lease with 5 years remaining on original lease
  • Iconic location, ponds, fountains and walking paths
  • Near banks, restaurants, hotels & shopping
  • Adjacent to Purdue Fort Wayne Business School
  • NOI: $660,440
  • Sale price : $7,750,000 ($129 psf)
  • Cap rate: 8.5%

Getting around

  • 25/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fort Wayne, IN
  • Neighborhood Frances Slocum
  • Zip Code 46805
  • Market Fort Wayne

Points of Interest

  • Marathon Gas

    0.24 miles

  • Lassus Handy Dandy

    0.68 miles

  • North Anthony Gasway

    0.72 miles

  • ChargePoint

    1.04 miles

  • Shell

    1.34 miles

  • Marathon

    1.48 miles

  • BP

    1.49 miles

  • CItgo

    1.57 miles

  • Marathon

    1.71 miles

  • BP

    1.73 miles

  • Lot 3

    0.42 miles

  • Lot 9001

    0.45 miles

  • Lot 2

    0.48 miles

  • Parking Garage 1

    0.52 miles

  • Lot 4

    0.52 miles

  • Lot 9

    0.55 miles

  • Lot 8

    0.58 miles

  • Parking Garage 2

    0.62 miles

  • Lot 11

    0.70 miles

  • Lot 6

    0.71 miles

  • Holiday Inn Fort Wayne-IPFW & Coliseum

    1.12 miles

  • Magnuson Hotel Fort Wayne North-Coliseum

    1.66 miles

  • Coliseum Inn

    1.83 miles

  • TownePlace Suites by Marriott Fort Wayne North

    2.32 miles

  • Deluxe Inn Motel

    2.34 miles

  • Sonesta Select Fort Wayne

    2.45 miles

  • Ramada

    2.49 miles

  • Travelers Inn

    2.81 miles

  • The Bradley

    2.85 miles

  • Hawthorn Suites by Wyndham Fort Wayne

    2.87 miles

  • Kroger

    1.42 miles

  • Kohl's

    1.52 miles

  • Shoppes of Coventry

    1.57 miles

  • TJ Maxx

    1.64 miles

  • Fresh Thyme

    1.71 miles

  • Macy's

    1.83 miles

  • Target

    1.85 miles

  • Aldi

    1.85 miles

  • JCPenney

    1.88 miles

  • Glenbrook Square

    1.91 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

Fletcher S. Moppert

The Zacher Company