Fort Wayne, IN office market
The Fort Wayne office market demonstrates steady fundamentals with countywide vacancy declining toward 10.4% and prime submarket space commanding stable pricing. Public records show the subject property traded in February 2025 for $685,000 ($27.30/SF) in an investment transfer. Area office assets typically command between $125/SF and $195/SF for stabilized Class B properties, though owner-user and single-tenant net-lease assets achieve higher premiums.
What's driving Office prices in Fort Wayne
Office values in Southwest Fort Wayne have stayed relatively flat to moderately positive for medical-oriented facilities.
- Proximity to Lutheran Hospital and I-69 medical cluster driving office absorption
- Limited office construction pipeline preventing excess competitive supply
- Demand migration toward renovated Class B suburban medical and flex suites
Market intelligence
Tracking this market since Oct 2026 · 8 comps · latest deal Aug 2024.
This quarter: 8 comps added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Momentum FlatPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned.
Recent Office comps in Fort Wayne, IN
| Address | Date | Type | Size (SF) | Class | Floor Plate | Price / Rate | $/SF | Cap Rate | Tenancy | Year Built |
|---|---|---|---|---|---|---|---|---|---|---|
| 1102 E State Blvd, Fort Wayne, IN listing | Listed Oct 2026 | Sale | 1421 | Class B | 1421 SF | $230,000 | $162 | Owner-user | 1950 | |
| 7619 W Jefferson Blvd, Fort Wayne, IN listing | Listed Sep 2026 | Sale | 13224 | Class B | 6612 SF | $1,700,000 | $129 | Multi-tenant | 2000 | |
| 2310 Cass St, Fort Wayne, IN listing | Listed Sep 2026 | Sale | 4360 | Class B | 4360 SF | $700,000 | $161 | Owner-user | 1980 | |
| 7631 W Jefferson Blvd, Fort Wayne, IN listing | Listed Aug 2026 | Sale | 7524 | Class B | 7524 SF | $2,750,000 | $365 | 5.75% | Single-tenant NNN - The Imaging Center at Lutheran Hospital | 1992 |
| 3722 Lake Ave, Fort Wayne, IN public record | Aug 2024 | Sale | 15868 | Class C | 15868 SF | $500,000 | $32 | Single-tenant - Fort Wayne Recovery | 1960 | |
| 6702 Pointe Inverness Way, Fort Wayne, IN listing | Active | Sale | 16672 | Class B | 8336 SF | $3,250,000 | $195 | Multi-tenant | 1997 | |
| Median of 6 recent sales · $162/SF | $162 | |||||||||
No comps in this filter.
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Figures are automated estimates derived from public listings, records, and brokerage announcements for Fort Wayne, IN, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.