Decatur Shoppes | Fort Wayne MSA

Highlights:

• Value-Add, Operational Upside Through Vacancy Lease-Up
• Shadow-Anchored by Rural King
• Anchored by the State of Indiana Bureau of Motor Vehicles
• Surrounded by Various Local, Regional and National Retailers
• Over-sized 4.67 Acres Along Main Retail Corridor
• Most Vacant Suites are Recently Renovated
• Various Points of Ingress & Egress from Nuttman Avenue and North 13th Street

Description:

RI Marketplace Online Auction May 5-7, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2436/decatur-shoppes-fort-wayne-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2436

Marcus & Millichap is pleased to present for sale Decatur Shoppes, a 30,300-square foot retail shopping center, shadow-anchored by Rural King (not included) in Decatur, Indiana. Decatur Plaza is currently +/-8% occupied by the State of Indiana Bureau of Motor Vehicles and offers an incoming investor a tremendous amount of value-add opportunity through lease-up of the vacant suites, many of which have recently been renovated and are largely move-in ready.

Originally built in 1995 and recently renovated, Decatur Shoppes sits on 4.67 acres along North 13th Street, Decatur’s main north and south corridor that experiences approximately 16,000 vehicles-per-day and is filled with various national retailers and commercial businesses. Decatur is located 20 miles south of Fort Wayne, Indiana’s second largest city by population. This offering is the perfect investment opportunity for any incoming investor looking for significant value-add upside potential through proactive leasing and property management. Lease-up of the existing vacant suites could significantly increase net operating income & property value.

Bryan P. Jackson
c/o Fisher Auction Company Inc.
License: AU09100175

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