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4210 Crescent Avenue
Fort Wayne, IN 46815
Asking Price
$1.31M
Cap Rate
8.75%
Asset Type
Retail
Class
Class B
What's Special
8.75% CAP Rate <ul><li>$1.31M asking price with an 8.75% cap rate</li><li>100% leased retail investment property</li><li>Includes a 7,645 SF multi-tenant retail center and a 13,165 SF CVS</li><li>Tenants: CVS, Jimmy John's, Hungry Howie's, We Nails, and Sister Pho</li><li>Located next to Purdue University Fort Wayne, serving over 5,800 students</li><li>Long-term NNN leases (tenants pay most property expenses)</li><li>Strong traffic counts and growing Fort Wayne market</li><li>Multiple income streams wi
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NOI
$80,000
Cap Rate
6.11%
DSCR
1.03
Tight
Cash-on-Cash
0.57%
Monthly Payment
$6,481.165
Annual Cash Flow
$2,226.017
