915 N Washington St - Freestanding FOR SALE
Kokomo, IN 46901 |
$1,448,480 USD
248-702-0288
915 N Washington St
Kokomo, IN 46901
HIGHLIGHTS
- Two tenant retail center with significantly below market rents
- AutoZone recently exercised a 10-year extension | 9% rent increase in base term and options
- New HVAC (2025) replaced by Family Dollar | Tenant also exercised a 5-year extension
- Both tenants have a long history at this location of 18-Years
- Exterior Landlord upgrades in 2022 and 2025 including facade and parking lot valued at more than $70,000
- Frontage directly on N. Washington | 14,300 vehicles per day
FOR SALE DETAILS
PRICE
$1,448,480 USD
PRICE/SF
$72 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AutoZone & Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.96 AC
LAND SF
41,818 SF
ZONING
-
APN/PARCEL ID
34-03-25-453-023.000-002
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248-702-0288
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248-702-0288
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