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501 East Coliseum Boulevard

Marcus & Millichap Sells 43,084 Sq Ft Shopping Center In Fort Wayne For $4.2M
SOLDRetail

Marcus & Millichap Sells 43,084 Sq Ft Shopping Center In Fort Wayne For $4.2M

501 East Coliseum Boulevard

$4,200,000

$97/SF

Building Size

43,084 SF

Asset Type

Retail

Closing

Jan 15, 2026

AI

A retail asset located at 501 East Coliseum Boulevard in Fort Wayne, LA has been sold for $4,200,000. The property encompasses a total area of 43,084 square feet, resulting in a price per square foot of $97.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,200,000
  • Square Footage: 43,084
  • Address: 501 East Coliseum Boulevard
  • Market: Fort Wayne, LA
  • Broker Representation: Zachary (Zach) Taylor & Eric Abbott - Marcus & Millichap

Zach Taylor and Eric Abbott represented the seller, who is a Florida partnership. The transaction involved a shopping center with tenants like CHRISTUS Health and is located near a Walmart.

Players

Zachary Taylor

Marcus & Millichap

Broker

$355.9M

vol

42 deals

Broker

Fort Wayne Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93