Covington Shoppes - Sale
- Sale Price$865,000
- Building Size6,276 sq. ft.
- Rentable Area6,276+/- SF Multi-Tenant Building with 4 Units
- Property TypeInvestment
- Multi-Tenant Retail Investment with Income in Place
- 6,276 SF Built in 1987 on a 0.73 Acre Site
- Strategic Proven Location with Great Visibility / Signage Opportunities
- Ample Parking of 40+ Spaces
- Listed for Sale at $865,000
Sturges Property Group has been appointed the exclusive agent for the sale of Covington Shoppes, a multi-tenant retail strip center located in Fort Wayne, Indiana.
Covington Shoppes was completed for occupancy in 1987. The strip center is highly visible with over 200’ of frontage on Covington Road and West Jefferson Blvd / US 24 - - a major traffic corridor that runs east from the Illinois state line, through NE Indiana, to Toledo, Ohio. The site is easily accessible and is located in a well-established retail trade area.
This property offers an owner/investor an excellent cash flow and return on investment. There is 6,276 SF total presently divided into four (4) suites: three (3) occupied by Zianos Italian Restaurant, Nexthome Edgewater Realty, & V.N. Nails and one (1) suite consisting of 1,439 SF that has interest from a national retailer. Income and expense statements are available upon signed CA.