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3909 Lake Ave
Fort Wayne, IN 46805
Asking Price
$750K
Asset Type
Traditional Office Retail
Class
Class B
What's Special
8,025 SF Office Building Available <p>Stand-alone building on 1.30 acres</p><p>Open floor plan</p><p>Good visibility; close to major intersection </p><p>Multiple access points into property </p><p>Zoned C-2; ideal for office or retail </p><p>Sale Price: $750,000 </p><p>Lease Rate: $16.00 SF/yr NNN </p>
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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911
