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915 N Washington St
Kokomo, IN 46901
AutoZone & Family Dollar · Retail Property For Sale
Investment Highlights
- Two tenant retail center with significantly below market rents
- New HVAC (2025) replaced by Family Dollar | Tenant also exercised a 5-year extension
- Exterior Landlord upgrades in 2022 and 2025 including facade and parking lot valued at more than $70,000
- 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
- Frontage directly on N. Washington | 14,300 vehicles per day
Executive Summary
Two tenant retail center with significantly below market rents
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,160 SF
Building Class
C
Year Built
1974
Price
$2,148,730 CAD
Price Per SF
$106.58 CAD
Cap Rate
6.90%
NOI
$148,303 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.96 AC
Frontage
19’ on Washington St
Property Taxes
| Parcel Number | 34-03-25-453-023.000-002 | Improvements Assessment | $440,258 CAD |
| Land Assessment | $120,815 CAD | Total Assessment | $561,073 CAD |
Property Taxes
Parcel Number
34-03-25-453-023.000-002
Land Assessment
$120,815 CAD
Improvements Assessment
$440,258 CAD
Total Assessment
$561,073 CAD
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