Coventry Professional

Office for Sale
Catylist Listing ID: 30393565
Property Subtypes: Office Building
Building Size (RSF): 28,620 SF
Gross Land Area: 3.78 Acres
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Building Name: Coventry Professional
Class of Space: Class A
Usable Size (USF): 28,620 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/19/2019

Overview / Comments

Great opportunity for investors seeking a Class “A” office investment with committed tenants. The location is within walking distance of multiple shopping/dining venues and across the highway from the Lutheran Hospital campus located in Southwest Fort Wayne at the Interstate 69 and US 24. The area is one of the most sought after and quickly developing areas in Northeast Indiana with the highest median income in Northeast Indiana.
The Tenants have proven their commitment to the location with all of them being here since the property was built over ten years ago. They have recently extended their leases and made improvements to their spaces which further proves their commitment and appreciation for the location and quality of the asset.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 02-11-23-307-001.000-075
Zoning: C-1
Area Description: Located near Lutheran Hospital, Indiana Wesleyan University, dining, shopping, hotels and Highway 69.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2006
Parking Description: 110 parking spaces.
Total Parking Spaces: 110
Internet Access: Cable
Zoning Description: C-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,711 33,248 59,943
Median Age: 40.21 40.34 38.5
Households: 2,266 13,477 23,946


Photograph of Listing Agent

William T. Drinkall

NAI Hanning & Bean LLC CPIX Member
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