Leo Crossing Shopping Center

Retail: Strip Center

10330 Leo Rd, Fort WayneIN 46825

Property Details

Location

Address
10330 Leo Rd, Fort WayneIN 46825
County
Allen
Submarket
Parcels
020804201001000063

Building Size

Building Size
50,094 SF
Rentable Space
50,094 SF

Building Details

Type
 Retail: Strip Center
Number of Buildings
5
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
1
Year Built
1994
Sprinklers
Total Parking
281
Parking Ratio

Land & Utilities

Land (Acres)
3.94 Acres
Land (SF)
171,626 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
C-3
Lot Depth
326 ft
Lot Width
901 ft

Contacts

Current Listings

Shopping Center Investment Package

98,105 SF$6,000,000
Xplor Commercial Real Estate

LEO CROSSING PROPERTY SUMMARY

• 93% occupied center located on the north side of Ft. Wayne, IN, one mile east of Parkview Regional Medical Center and I-69 Interchange at Dupont Road.

• Center is located on the SEC of Dupont and Tonkel Rds. offering tremendous visibility and access from all directions.

• North Ft. Wayne is experiencing significant housing and commercial development due to the growing campus of Parkview Health. New retail developments are filling in most available remaining land along Dupont Rd.

pushing rents into the mid $20/sf range.

• Leo Crossing is the low cost retail center in the area and provides a great opportunity for investors to increase rents over time.

• Over $500,000 has been spent updating the center over the last 2 years.

• A very small portion of the center is on a ground lease. 10330-10380 Leo Rd, Fort Wayne, IN 46825

NORTH ANTHONY SHOPPING CENTER PROPERTY SUMMARY

• North Anthony Shopping Center is a neighborhood center located just south of the Purdue University Fort Wayne and Ivy Tech campuses and is surrounded by dense neighborhoods just north of Downtown Fort Wayne

• Excellent opportunity for an investor to take advantage of incredible upside potential.

• Three curb cuts along North Anthony Boulevard provide unimpeded access and visibility is exceptional.

• Concordia High School and Holy Cross elementary and middle schools surround the center along with boutique retail and trendy eateries and coffee houses.

• Planned retail development to the southwest of the center will bring additional traffic.

Xplor Commercial Real Estate

LEO CROSSING PROPERTY SUMMARY

• 93% occupied center located on the north side of Ft. Wayne, IN, one mile east of Parkview Regional Medical Center and I-69 Interchange at Dupont Road.

• Center is located on the SEC of Dupont and Tonkel Rds. offering tremendous visibility and access from all directions.

• North Ft. Wayne is experiencing significant housing and commercial development due to the growing campus of Parkview Health. New retail developments are filling in most available remaining land along Dupont Rd.

pushing rents into the mid $20/sf range.

• Leo Crossing is the low cost retail center in the area and provides a great opportunity for investors to increase rents over time.

• Over $500,000 has been spent updating the center over the last 2 years.

• A very small portion of the center is on a ground lease. 10330-10380 Leo Rd, Fort Wayne, IN 46825

NORTH ANTHONY SHOPPING CENTER PROPERTY SUMMARY

• North Anthony Shopping Center is a neighborhood center located just south of the Purdue University Fort Wayne and Ivy Tech campuses and is surrounded by dense neighborhoods just north of Downtown Fort Wayne

• Excellent opportunity for an investor to take advantage of incredible upside potential.

• Three curb cuts along North Anthony Boulevard provide unimpeded access and visibility is exceptional.

• Concordia High School and Holy Cross elementary and middle schools surround the center along with boutique retail and trendy eateries and coffee houses.

• Planned retail development to the southwest of the center will bring additional traffic.

View Details
View Details

Leo Crossing Shopping Center

1,560 SF $14.00 Annual/SF
Xplor Commercial Real Estate

• Highly desired Eastern retail corridor due to proposed and planned future developments.

• Located at the intersection of two heavily traveled roads, Tonkel and Dupont Roads.

• Excellent visibility and access from Mayhew Road, Old Leo Road and Leo Road (State Road 1).

• Surrounded by dense residential with rapid new development to the North and East.

• Retail commerce draws from Fort Wayne, Leo, Cedarville, and Grabill

Xplor Commercial Real Estate

• Highly desired Eastern retail corridor due to proposed and planned future developments.

• Located at the intersection of two heavily traveled roads, Tonkel and Dupont Roads.

• Excellent visibility and access from Mayhew Road, Old Leo Road and Leo Road (State Road 1).

• Surrounded by dense residential with rapid new development to the North and East.

• Retail commerce draws from Fort Wayne, Leo, Cedarville, and Grabill

View Details
View Details

Leo Crossing Shopping Center

2,149 SF $14.00 Annual/SF
Xplor Commercial Real Estate

• Highly desired Eastern retail corridor due to proposed and planned future developments.

• Located at the intersection of two heavily traveled roads, Tonkel and Dupont Roads.

• Excellent visibility and access from Mayhew Road, Old Leo Road and Leo Road (State Road 1).

• Surrounded by dense residential with rapid new development to the North and East.

• Retail commerce draws from Fort Wayne, Leo, Cedarville, and Grabill

Xplor Commercial Real Estate

• Highly desired Eastern retail corridor due to proposed and planned future developments.

• Located at the intersection of two heavily traveled roads, Tonkel and Dupont Roads.

• Excellent visibility and access from Mayhew Road, Old Leo Road and Leo Road (State Road 1).

• Surrounded by dense residential with rapid new development to the North and East.

• Retail commerce draws from Fort Wayne, Leo, Cedarville, and Grabill

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: ICREX

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