- For Sale $1,448,480
- Property Type Retail - Strip
- Property Size 20,160 SF
- Lot Size 1.68 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1974
- Year Renovated 2022
- Date Updated Jun 8, 2026
Description
Kokomo, Indiana, often recognized as the “City of Firsts” for its long history of innovation and manufacturing excellence, is a blue-collar community located approximately 63 miles
north of downtown Indianapolis. Positioned in north-central Indiana, Kokomo has a population of nearly 60,000 residents and serves as the county seat of Howard County. The city
offers the charm of small-town living with convenient access to the larger metropolitan amenities of Indianapolis.
Over the decades, Kokomo has evolved into a major manufacturing hub with a strong emphasis on the automotive sector. Prominent companies such as General Motors, Delphi
Technologies, Haynes International, and Chrysler (Stellantis) operate significant manufacturing facilities in the area, employing thousands of skilled workers and driving the local
economy. The city’s deep industrial roots continue to grow through new investments in advanced manufacturing and clean energy technology.
In recent years, Kokomo has gained national attention for major development projects, including a joint partnership between Stellantis and Samsung to build two state-of-the-art electric
vehicle (EV) battery manufacturing plants, slated for completion in 2025 and 2027. These projects represent a combined investment exceeding $5.7 billion, underscoring Kokomo’s
emerging role as a cornerstone in America’s transition toward sustainable automotive production.
Beyond its manufacturing strength, Kokomo offers a well-rounded community environment with access to quality education and affordable living. The city is home to Indiana University
Kokomo, serving approximately 3,000 students and contributing to a skilled local workforce. Residents enjoy a low cost of living, diverse housing options, and a variety of retail, dining,
and recreational amenities.
With its strong industrial base, strategic location, educational resources, and affordable lifestyle, Kokomo continues to attract new businesses, residents, and investors seeking long
term growth opportunities in the heart of Indiana..
Highlights
- AutoZone recently exercised a 10-year extension | 9% rent increase in base term and options
- 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
- 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
- Frontage directly on N. Washington | 14,300 vehicles per day
- New HVAC (2025) replaced by Family Dollar | Tenant also exercised a 5-year extension
- Two new EV battery manufacturing plants to the area | One in 2025 and the other 2027 | $2.5 billion and $3.2 billion, respectively
- Two tenant retail center with significantly below market rents
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Contacts
Mike West
Encore Real Estate Investment Services
Location
Located at 915 N Washington St, Kokomo, IN 46901, this property is part of the Kokomo neighborhood.
Contact Listing Broker
Mike West
Encore Real Estate Investment Services