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5826-5992 West Jefferson Boulevard
Fort Wayne, IN 46804-6803
Asking Price
$9.55M
Cap Rate
7.5%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 80,353 SqFt <ul><li>Irreplaceable Location - Time Corners is situated at the northwest corner of Jefferson Boulevard (26,526 VPD) and Covington Road (11,699 VPD) in the heart of Fort Wayne's best retail and residential neighborhoods. The subject offering benefits from its convenient location just one mile southeast of a full interchange with Interstate 69 and Illinois Road. Interstate 69 is the major highway serving Fort Wayne, providing outstanding access to both a local and regional customer base through
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NOI
$80,000
Cap Rate
0.84%
DSCR
0.14
Underwater
Cash-on-Cash
-17.00%
Monthly Payment
$47,248.189
Annual Cash Flow
$-486,978.272
