Applebee's | High Profile Hard Corner - Absolute NNN Lease
6525 Lima Rd, Fort Wayne, IN 46818
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) an absolute NNN lease single tenant investment that is fully occupied by Applebee’s with over ~8.5 lease years remaining. Located in Fort Wayne, IN as an outparcel to Meijer and The Home Depot (shadow anchored) the subject property comprises a ~5,824 SF building on a 1.53-acre lot and benefits from excellent shopping center positioning with great visibility at the heavily trafficked hard corner signalized intersection of Lima Rd & Ludwig Rd (42,800+ VPD). This is an excellent opportunity to acquire a grocery anchored outparcel occupied by one of the strongest restaurant brands in the U.S. (excellent franchisee operator – RMH Franchise Corp) on an absolute NNN lease providing ease of management with zero landlord responsibilities.
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- For Sale $3,253,000
- Property Type Retail
- Lot Size 1.53 SF
- Date Updated Mar 29, 2023
Walk Score ®Car-Dependent (41)
Transit Score ®Some Transit (30)
Bike Score ®Bikeable (51)
- City Fort Wayne, IN
- Neighborhood Ludwig Park
- Zip Code 46818
- Market Fort Wayne
Points of Interest
Lassus Handy Dandy
Lassus Handy Dandy
Envision Church Parking
Parking Garage 3
- Base Tax $36,016
- Current Tax $33,971
- Market Value* $1,172,900
- Assessed Value $1,172,900
Find more tax info, including assessment history and abatements, on CommercialEdge.
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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