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    2085 N Reed Rd Kokomo, IN 46901

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    For Sale
    $1,905,753

    NNN leased retail property in Kokomo, Indiana for sale.

    Property size:
    1,400 SF
    Lot size:
    1.28 Acres

    Property Features for 2085 N Reed Rd

    General Information

    Size
    1,400 SF
    Lot size
    1.28 Acres

    Source: The Kase Group - Corporate Agent Jason Denham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kokomo NNN Leased Retail Property

    This is a NNN leased retail property with a 20-year term and zero landlord responsibilities. The property is operated by Wendy’s of Bloomington, Inc. A recent remodel has been completed. The property is positioned along N Reed Road in a major retail corridor, near Highway 931 and State Route 22, providing excellent regional access. It is surrounded by regional retailers, including Walmart, Sam’s Club, Target, Meijer, Aldi, PetSmart, JoAnn Fabrics, Big Lots, Planet Fitness, and Gabe’s. The property is located close to Markland Mall, Markland Plaza, and Kokomo Town Center. The property size is 1400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kokomo
    County
    Howard
    State
    Indiana
    Longitude
    -86.118055
    Latitude
    40.507312

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    FAQs

    What type of property is this?
    Drive through restaurant - NNN leased retail property in Kokomo, Indiana for sale.
    Where is this drive through restaurant located?
    The property is located at 2085 N Reed Rd Kokomo, IN.
    What is the asking price?
    The asking price for this property is $1,905,753.
    What are key features of this property?
    This property features: - Absolute NNN Lease – **20-Year Term with Zero Landlord Responsibilities**; - Strategic Location – Positioned Along N Reed Road in Major Retail Corridor; - Surrounded by Regional Retailers – Walmart, Sam’s Club, Target, Meijer, Aldi, PetSmart, JoAnn Fabrics, Big Lots, Planet Fitness, Gabe’s
    (925) 390-8518
    Request Owner's contact information
    2085 N Reed Rd Kokomo, IN 46901
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    2085 N Reed Rd
    Kokomo, IN 46901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2085 N Reed Rd Kokomo, IN 46901
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