Home Depot 6235 Lima Rd

6235 Lima Rd | Fort Wayne | IN | 46818 Back to Properties


×

Please enter your details to download the marketing package from "Documents" tab

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

property galery image property galery image property galery image property galery image property galery image property galery image

Property Highlights

    • Home Depot, Inc. | S&P: A | NYSE: HD
    • Absolute NNN (building and land)
    • Extremely low, below market rent of $5.25 psf
    • Increases in options
    • Generational asset in prime location
    • 5-Mile radius: 130,000+ people

Property Details

  • Price: $ 14,400,000
  • Transaction Type: For Sale
  • Property Type: Land
  • Building Size: 109,733 SF
  • Lot Size: 7 AC
  • Cap Rate: 4%
  • Lease Term 6 years
Rent Commencement: : 10/25/1993
Lease Expiration Date: : 1/31/2028
Current Rent : $576,457 ($5.25 psf)
Base Term Escalations: : none
Options: : Nine (5) year options
Options Escalations: : Flat 5% every 5 years
Rent : $576,457
Credit Rating : A

Property Description

HMX Realty Advisors exclusively presents a fully depreciable, NNN Home Depot in one of the most desirable locations, Fort Wayne. Home Depot’s rent is approximately 40% below market and has rental increases in options. The property is located on Lima Rd., the main retail thoroughfare. Retailers in the immediate area include Sam’s Club, CVS, Starbucks, Burger King and McDonald’s among many others. There are over 130,000 people within 5-miles of the property.

×

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.
×

Download Offering Memorandum

×

Download Offering Memorandum

×

Download Offering Memorandum

×

3D Tour

Offering Memorandum

    Request Information


    Financial Summary (Actual - )

    AnnualAnnual Per SF
    Gross Rental Income:--
    Other Income:--
    Vacancy Loss:--
    Effective Gross Income:--
    Net Operating Income:--

    Have A Question?

    Please feel free to contact us with any questions you have about our services