Retail Investment with 5.25%
For Sale
Contact for pricing
1608 E Hoffer St, Kokomo, IN 46902
For sale retail property with a stated 5.25% capitalization rate.
Property SizeContact for details
Days on Market120
Property Features for 1608 E Hoffer St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
5.25%
Listing Agency:
Marcus & Millichap - San Diego
(479) 785-4343
Listed By:
Phil Sambazis · License #01474991
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:05PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This for-sale retail investment is presented with a stated 5.25% capitalization rate. The offering is categorized as commercial retail space, making it a fit for investors and owner-operators seeking a retail-focused asset.
The property is located at 1608 E Hoffer St in Kokomo, Indiana (46902). No additional building details, leasing information, or physical configuration specifics are provided in the current remarks.
As marketed, the key underwriting figure included with the listing is the 5.25% CAP, which is intended to guide investor evaluation of the retail asset.
The property is located at 1608 E Hoffer St in Kokomo, Indiana (46902). No additional building details, leasing information, or physical configuration specifics are provided in the current remarks.
As marketed, the key underwriting figure included with the listing is the 5.25% CAP, which is intended to guide investor evaluation of the retail asset.
Key Highlights
- Retail property for sale with a stated 5.25% cap rate
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
483k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Apparel 32%
Shops & Services 18%
Leisure 5%
Kohl's
Apparel
47,818 visits/mo
0.5 miles
T.J. Maxx
Apparel
34,296 visits/mo
0.4 miles
Ross Dress for Less
Apparel
34,037 visits/mo
0.4 miles
Gabe's
Shops & Services
31,588 visits/mo
0.1 miles
Starbucks
Dining
26,330 visits/mo
0.3 miles
Demographics for 46902, IN
36,038
Population
18,004
Households
2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
50.7 sq mi
ZIP Area
711
Density / Sq Mi
$59,548
Median Household Income
$36,902
Median Earnings
$929
Median Rent
$154,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail property with a stated 5.25% capitalization rate.
Where is this retail space located?
The property is located at 1608 E Hoffer St Kokomo, IN.
What are key features of this property?
This property features: Retail property for sale with a stated 5.25% cap rate
