Cushman & Wakefield’s Self Storage Advisory Group has been exclusively retained to offer for sale the Public Self Storage Property in Fort Wayne, IN.

Take advantage of the opportunity to secure a nearly stabilized self-storage business in the path of progress in Fort Wayne, IN. This 2-story climate-controlled building was developed in 2021 with 32,810 NRSF. Current ownership expanded the property in 2023 with the addition of 7,750 NRSF of Janus MASS units. At this location, you will find keypad access, 42 security cameras, moving supplies, free parking, friendly staff, and well-lit areas for unloading.

This property offers 250 feet of frontage on west main just west of downtown Fort Wayne. It is less than one mile from US Route 27, offering unparalleled access to key transportation routes, fostering economic growth, enhancing connectivity to major cities, and providing convenient access to scenic destinations and essential services. As of July 2024, the 40,560 NRSF was 90% occupied, allowing new ownership an opportunity to focus on increasing existing customer rents. Additionally, there is a healthy population of 83,775 within a 3-mile radius of the facility. Since this location is engaged with Fort Wayne’s SEED tax program, property tax deductions can be claimed for up to 10 years.

Fort Wayne, Indiana, is a vibrant city with a robust and diverse economy, driven by key industries such as manufacturing, healthcare, logistics, financial services, and education. The city’s manufacturing sector remains strong, producing vehicles, medical devices, and advanced materials, while the healthcare industry, led by major facilities like Parkview Health and Lutheran Health Network, provides numerous job opportunities.

Fort Wayne’s strategic location supports a thriving logistics and e-commerce industry, and its financial services sector, including specialty insurance, adds
to the economic landscape. People are drawn to Fort Wayne for its low cost of living, affordable housing market, and friendly community. The city offers short commutes, a vibrant arts and culture scene, and a family-friendly environment with excellent schools and recreational facilities. These factors contribute to Fort Wayne’s ongoing growth and development, making it an attractive place to live and work.

Investing in this self-storage business in Fort Wayne, IN, offers a prime opportunity in a thriving city. Fort Wayne has maintained positive population growth and is the second-largest city in the state of Indiana. The city of Fort Wayne has allocated nearly $48 million for infrastructure improvements in 2024. Fort Wayne is the 2nd fastest-growing metro in the Great Lakes and seeks to attract $1 billion in private investment to the riverfront in downtown Fort Wayne by the end of 2031.