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
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