Strategic Fort Wayne MSA Location – 14 Miles from Downtown – Located within the expanding Fort Wayne Metropolitan Statistical Area, just 14 miles from downtown, the property benefits from strong regional demographics, steady economic growth, and proximity to major employers, transportation corridors, and amenities.
±1.75 Years Remaining on Base Lease Term – The tenant has approximately ±1.75 years remaining on the current base lease term, offering investors short-term flexibility with continued income stability and the potential for renewal or re-tenanting at market rent.
Five, 5-Year Renewal Options – The lease includes five additional five-year options, providing the potential for up to 25 years of continued occupancy. This structure demonstrates the tenant’s long-term commitment and ensures predictable income stability.
10% Rent Increases at Each Renewal Option – Built-in 10% rent escalations at the start of each option period drive consistent income growth and provide a natural hedge against inflation, enhancing long-term yield performance.
Minimal Landlord Responsibilities – The landlord’s obligations are limited to roof, structure, and property taxes, offering a low-maintenance, passive investment with predictable expenses and strong net operating income performance.