3800 West Jefferson Boulevard, Fort Wayne, IN 46804 - shopping center property

Detailed information about shopping center property which situated in Fort Wayne (46804) city, Indiana state on 3800 West Jefferson Boulevard.
Parkwest Center is located in the City of Fort Wayne, specifically in Wayne Township, Allen County, Indiana. It is approximately eight (8) minutes west of downtown Fort Wayne, with relatively easy access via Interstate 69, US Highway 24, and State Road 14. The property is visible from US Highway 24 (West Jefferson Boulevard) and State Road 14 (Illinois Road).

Additional Information: Parkwest Center is a strong, well-maintained one and two story, pre-cast concrete, mixed-use suburban retail and office complex. This center was constructed in 1975; the exterior of the center was renovated in 1998 and the first floor office complex was entirely renovated in 2008. The center consists of two separate buildings containing approximately 180,700 square feet of gross leasable area, with approximately 128,000 rentable square feet attributed to the retail complex and 52,600 rentable square feet attributed to the office building. The total land area is 13.5 acres. The facility is constructed on undulating terrain, which permits the south side of the complex to be the entrance to the single story retail building and the north side to be a single story walk-out office building with the first floor retail complex above. There are approximately 880 asphalt parking spaces covering the 13.5 acres. There is an abundance of uncovered surface parking yielding a better than five (5) car per thousand square foot leased (5:1,000 SF) parking ratio. Parkwest Center is located in the City of Fort Wayne, specifically in Wayne Township, Allen County, Indiana. It is approximately eight (8) minutes west of downtown Fort Wayne, with relatively easy access via Interstate 69, US Highway 24, and State Road 14. The property is visible from US Highway 24 (West Jefferson Boulevard) and State Road 14 (Illinois Road). The building is in good physical condition. The exterior façade of the retail building needs cosmetic upgrades to create a current retail market appearance required by major retail tenants. The vacant retail spaces will require some improvements for a large box user. The zoning for Parkwest is Planned Development C1-P/CM-2, Limited Retail and Commercial; this zoning classification is intended to provide areas for moderate intensity retail, shopping, business, and service uses. Neighborhood-oriented commercial uses are encouraged. An individual use or tenant space over 30,000 square feet of gross floor area is not permitted. The Parkwest Office Building is primarily leased to AT&T Corporation under a long term lease for a corporate call center assisting their cellular telephone network. This office building was totally renovated in 2008. The heating and cooling for the office building is served by a central chiller system, which is original equipment to the office building. The roof on Parkwest Center is relatively new. A roof diagram showing the age of each section of the roof is available from the management agent. Possible Center Renovation – Ownership has developed plans for a possible façade renovation for the retail buildings utilizing the New York architect, Rosenbaum Design group. These plans included a possible loading dock on the east elevation which would serve a large box tenant of up to 30,000 square feet. Photos of this possible renovation follow.