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Hardee's NNN Property
For Sale
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1500 East Morgan Street, Kokomo, IN 46901

The property is leased under a 20-year absolute NNN structure with no landlord responsibilities.

Property Size2,746 SF
Days on Market143

Property Features for 1500 East Morgan Street

General Information

Standard status Active
Size 2,746 SF
Property subtype Retail
Listing Agency: Sands Investment Group Los Angeles
Listed By: Doug Roland · License #SC 73064
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Los Angeles

Investment Insights

Based on property information with market context.

This for-sale NNN property is occupied by Hardee's at 1500 East Morgan Street in Kokomo, Indiana. The building contains 2,746 SF and is operated under an absolute triple net lease structure.

The lease term is 20 years and provides for zero landlord responsibilities. The offering combines an established Hardee's restaurant location with a long-term lease arrangement and is available for sale as an NNN property.

Key Highlights

  • 2,746 SF Hardee's property
  • 20 Year absolute Triple Net (NNN) lease
  • Zero landlord responsibilities

Property Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Spa & Massage Center Hair Salon Nail Salon HVAC Service Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
109k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 29% Groceries 10%
McDonald's Dining
23,053 visits/mo 0.4 miles
Speedway Shops & Services
15,932 visits/mo 0.4 miles
Wendy's Dining
13,206 visits/mo 0.1 miles
Save-A-Lot Groceries
10,861 visits/mo 0.2 miles
Taco Bell Dining
10,310 visits/mo 0.4 miles

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - The property is leased under a 20-year absolute NNN structure with no landlord responsibilities.
Where is this nnn property located?
The property is located at 1500 East Morgan Street Kokomo, IN.
What are key features of this property?
This property features: 2,746 SF Hardee's property; 20 Year absolute Triple Net (NNN) lease; Zero landlord responsibilities
More about this property
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