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4422 Airport Expressway & 817 North Taylor RoadFort Wayne / Garrett, IN 46809
Northeast Indiana Industrial Portfolio
Asset ClassIndustrial
# Buildings2
% Leased: 100%# Tenants: 5Access Data Room
Two 100% Leased Industrial Assets
overview of deal


The NAI Hiffman Industrial Capital Markets Team and NAI Cressy are pleased to present for sale two 100% occupied industrial investment properties located in Fort Wayne and Garrett, Indiana. The first asset is a 112,160 SF property located at 4422 Airport Expressway in Fort Wayne, and the second asset is a 100,500 SF property located at 817 North Taylor Road in Garrett. The Properties have a weighted average remaining lease term of 2.87 years. The Fort Wayne property has four (4) tenants and a WALT of 3.27 years (as of 4/1/2024) and the Garrett asset signed a new three (3) year lease extension with the current tenant, who is the original tenant when the asset was built in 2001 and has been the tenant for over 22 years. The Properties are located in DeKalb and Allen Counties, totaling approximately 67.7 million SF of industrial product, with a combined vacancy rate of 4.16%. The Fort Wayne Property is three minutes from Fort Wayne International Airport and the Garrett asset is 30 minutes north of Fort Wayne and 10 minutes west of Auburn – two strong, diverse industrial markets.

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Investment Highlights

- 1997 & 2001 construction

- Institutionally owned and maintained

- Tilt-up concrete construction

- 19’ and 24’ clear heights

- ESFR sprinkler system

- Low DeKalb & Allen County real estate taxes

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4422 Airport Expressway & 817 North Taylor RoadFort Wayne / Garrett, IN 46809

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Listing provided by Revere CRE