7528 S Anthony Boulevard
Fort Wayne, Indiana 46816, United States

Fort Wayne, Indiana 46816, United States
Listed By CENTURY 21 Bradley Realty, Inc.

The Commercial for Sale located at 7528 S Anthony Boulevard Fort Wayne Indiana 46816 is currently for Sale, 7528 S Anthony Boulevard Fort Wayne Indiana 46816 is listed for $3,300,000. If the property located at 7528 S Anthony Boulevard Fort Wayne Indiana 46816 isn't what you're looking for, search Indiana Real Estate to see other Commercial for Sale in Fort Wayne .

MLS#: 202421905

$3,300,000 USD

Minimum sellable space
1,862m² (20,038ft²)
The details

Property features

Date Updated: Nov 10, 2024

Construction details

Year built
1968

Area

Property size
1,862m² (20,038ft²)
Land/Lot size
1,862m² (0.46ac)

Description

BUILDING ONLY FOR SALE/ Triple-net lease with the owner of 59 Planet Fitness Center in the U.S./ Present lease is $17,334. per month Triple-Net and renews in October 2029 and every 5 years after with a 5% increase, present annual lease is $208,010. Triple-Net for a cap rate of 6.03% I have checked with a couple CPA's and since the Assessed Value of the Building is 98.7% of the Total Assessed Value. 98.7% of the total Purchase Price could be the basis for calculating Depreciation. Check with your own CPA. Depending on the Buyer's tax bracket, it could be quite an annual income tax savings.

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Location

7528 S Anthony Boulevard, Fort Wayne, Indiana 46816, United States
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