- For Sale $1,574,000
- Property Type Retail
- Property Size 20,160 SF
- Lot Size 0.96 Acre
- Cap Rate % 7
- NOI / YR $108,636.00
- Property Tenancy Multi-Tenant
- Year Built 1974
- Date Updated Feb 23, 2026
Description
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
Two new EV battery manufacturing plants to the area | One in 2025
and the other 2027 | $2.5 billion and $3.2 billion, respectively
Four miles from Community Howard Regional Health | 111 acute
care beds 1.5 Miles from Kokomo Speedway | 5,000-6,000
spectators per event, 20+ events a season
False
Contacts
Encore Real Estate Investment Services
Location
Located at 915 N Washington St, Kokomo, IN 46901, this property is part of the Kokomo neighborhood.
Encore Real Estate Investment Services
