• Year Built: 1928
2701 Coliseum Boulevard South is an industrial property for lease in Fort Wayne, IN.
The Zacher Company and NAI Bergman are pleased to present the opportunity to acquire International Park, a 1,400,000 sq. ft. commercial center located in Fort Wayne, Indiana.
Real Capital Markets will be hosting an ON-LINE AUCTION of International Park on April 28, 2015 - bidding opens at 1:00 p.m (EST) and closes on April 30, 2015 at 1:05 p.m. (EST). To view the Confidentiality Agreement and access the Virtual Deal Room, please click the AUCTION DETAILS under Attachments and Media below.
This former International Harvester Truck Plant Complex was re-purposed in 1985 to a Commercial Business Center that provides a verity of spaces suitable for many types of commercial space users. The Complex is situated on approximately 127 acres and is improved with approximately 24 separate structures, active rail service, trailer parking and outside storage. Currently, the available spaces range from 1,000 sq. ft. to up to 200,000 sq. ft. in the complex.
There is a tremendous upside potential. The asset is currently 62% vacant (over 900,000 sq. ft.) in a market with limited available space as evidenced by a market vacancy of 6%. Meanwhile, the key fundamentals that drive demand for industrial space in the Fort Wayne area have been on the upward trajectory for several years.
This is a very rare opportunity to purchase a commercial complex with a very low vacancy rate, in a state that is business friendly with strong economic incentives.
Located on South Coliseum Blvd. (Hwy.930), east of downtown, within the City of Fort Wayne's "Enterprise Zone", designation is a 3.99 square mile area located in the central part of the city. Enterprise Zone designation provides tax benefits to businesses and individuals located within the zone.
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