STNL Industrial in Fort Wayne IN | Inflation Hedge Annual Increases of 2.9%

3405 Engle Road, Fort Wayne, IN, USA Map

Subject is a Prime 110,000 Square-Foot Industrial Building
on a Ten Acre Lot and Features Ample Parking and Easy
Ingress/Egress
Features an NN Lease with a Five-Year Base Term and
Minimal Landlord Responsibility | Average 2.9% Annual
Rental Increases, 1 x 5-Year Option
Subject Includes 8 Docking Bays, 15-16 Foot Ceiling Heights
throughout, and 125 Parking Spaces for Employees and Visitors
Tenant Nelson Global was Founded in 1939 and Has
Operations in Seven Countries, with Revenue Greater than
$400 Million Dollars
Well Established Industrial Corridor | Nearby National Tenants
Include: Coca-Cola, Johnson Controls, Seavac, International
Paper, Mitsubishi, LH Carbide, and Sabert
Affluent Community in Fort Wayne Metropolitan Statistical
Area with a Population of 146,173 and an Average
Household Income of Over $59,766 Within Five Miles of the
Subject Asset, as of 2021
Robust Traffic Counts on Engle Road (13,501 Vehicles Per
Day), and About One Mile From Jefferson Blvd (29,141
Vehicles Per Day) (Source: CoStar 2022)
Subject is less than 4 Miles from Ft Wayne International
Airport, Serving 600 Thousand Passengers Annually
(fwairport.com)
Parks and Outdoor Recreational Facilities Nearby Include:
Eagle Marsh Nature Preserve, Foster Park, Fox Island County
Park, Orchard Ridge Country Club, and Little River Wetlands

Closed Listings