100% leased to e-commerce resistant and essential tenants
Blue West Capital is pleased to exclusively present the sale of a multi-tenant retail property located in Fort Wayne, Indiana. The 11,231 square foot property is leased to e-commerce resistant, and essential tenants including Sherwin-Williams Paint Store (S&P: BBB), B. Antonio’s Pizza, Instant Hearing Solutions, and AT&T. The property is 100% leased and serves as an outlot to Menards and to a Meijer grocery store. The location coupled with the tenant lineup offers a future owner a stable and accretive investment well into the future.
Located just 9 miles northeast of downtown Fort Wayne, Chapel Ridge Shops attracts consumers from the surrounding suburban neighborhoods as well as those that live downtown. Within a five-mile radius, there are over 86,000 residents. The immediate area has an affluent population with average household incomes over $103,000 within a 1-mile radius of the center. The subject property offers excellent accessibility, as it is located off Maysville Road along Meijer Drive. This intersection sees over 30,000 vehicles per day.