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Major Commercial Real Estate Opportunity
111,000 SF Retail Center - Former Target

Wednesday, September 22nd - 5:00 PM

Fort Wayne, Indiana - Allen County

  • 111,000 SF of Well – Maintained Retail Space and Includes 10.22 Acres of Land
  • Adjacent to Newly Developed Southtown Centre
  • Tract #2 Includes PNC Bank Building with Land Lease
  • Highly Under-Served Retail Demographics
  • Neighboring Retail – Wal-Mart, Menards and Kmart

Owner: Zakmar Holdings Inc

Contact the Sale Manager:

Brandon M. Steffen
260.426.0633 (office)
260.710.5684 (direct)

(Corporate Office):
260.426.0633

Request a Brochure by Mail:
Email Us
View the Brochure:
Click Here
In Conjunction With: CBRE Sturges - Brad Sturges (260)424-8448

CBRE Sturges

For a Complete Due Diligence Package Including Lease, Financials, Phase 1 and Title Work Contact The Steffen Group - 260-426-0633"
Property Location

7601 South Anthony Blvd, Fort Wayne, Indiana (View Map)

Auction Location

On Site

Tract #1

SITE INFORMATION:

Property Name: Former Target Property
Parcel ID#: 02-13-31-102-004.000-070
County: Allen
Township: Adams
Zone: South East
Parking: Paved/ Ample – 600 +
Zoning: SC-3 Metropolitan Shopping Center
Acreage: 10.22 Acres

BUILDING DATA:

Total Area SF: 111,000.00
Construction Year: 1970
No. of Floors: 1
Roof: Newer see attached documentation
Largest Contiguous: 111,000 SF
Heating: Available
Cooling: Available
Restrooms: Available
Handicap Access: Yes

Tract #2

PNC Banking Branch Office

  • Strong Long Term History
  • Call for Complete Lease Details upon execution of Confidentiality Agreement.

Property Survey

Click here to view the survey.

Real Estate Inspections

The property will be open for inspection on Wednesday, September 8th & 15th from 12:00 to 2:00pm.  Meet the Sale Manager at Tract #1.   For a private showing, contact Brad Sturges or Brandon Steffen to walk through the property.

Terms and Conditions

Method of Payment: A non-refundable earnest money deposit of  10% of the bid amount will be required the day of sale with the balance due the day of final closing. Closing to be within 30 days of auction.  This real estate is being sold for cash and your bidding is not contingent upon financing.  Have your financing prearranged prior to auction day.

Buyer’s Premium:  In order to determine the final sales price of the real estate, a 5% buyer’s premium will be added to the winning bid.

Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following auction at the site.  The Seller reserves the right to accept or reject any bid.

Title: Seller will provide Buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of title; Cost of said owners policy shall be split 50:50 between the Buyer and the Seller.  The cost for the insured closing fee shall be split 50:50 between Buyer and Seller.  Seller will provide Buyer with a fully executed deed transferring title to the Buyer.

Taxes: Taxes will be prorated to the day of final closing.

Possession:  Day of final closing.

Survey: The Seller will not provide buyer with a survey.  If buyer or buyer’s lender requires a survey it will be at the sole cost of the buyer.

Agency:  The Steffen Group along with CBRE Sturges are acting as the exclusive agents of the seller.

Disclaimer and Absence of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement.  Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. 

For more information, please contact a Steffen Group sale manager at (260)426-0633.

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