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1031 Broadway
Fort Wayne, IN 46802
Asking Price
$1.25M
Cap Rate
7.1%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 7.10% CAP | 6,742 SqFt <ul><li>Freestanding Property Located at a Hard Corner in the Center of Downtown Fort Wayne, the 2nd Largest City in Indiana | Big Red Liquors Guarantees the Lease and Acquired the Cap N' Cork Operations | Big Red Liquors is the Largest Liquor Store Chain in the Midwest with 108 Locations</li><li>High Traffic, Hard Corner Location - Located at the Signalized Intersection of Broadway & W Jefferson (Main Street) with a Combined Traffic Count of 27,061 | W. Jefferson Blvd (Main Street) is a Major
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NOI
$80,000
Cap Rate
6.38%
DSCR
1.08
Tight
Cash-on-Cash
1.49%
Monthly Payment
$6,201.317
Annual Cash Flow
$5,584.191
