Kroger-Anchored Community Shopping
For Sale
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2821 S Washington St, Kokomo, IN 46902
Kroger anchors a community shopping center with 89% occupancy, 24.5 acres, and over 1,500 parking spaces.
Property Size286,185 SF
Days on Market140
Property Features for 2821 S Washington St
General Information
Standard status
Active
Size
286,185 SF
Total Parking Spaces
1529
Property subtype
Retail
Occupancy
89%
Investment Type
Value Add
Building Details
Year Built
1960
Year Renovated
1996
Buildings
3
Units
25
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Evan Halkias · License #IL 475120259
Source:
Crexi
Added: Apr 22
Changed: Sep 2
Last Checked: Sep 8 at 6:39AM
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 Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
Maplecrest Plaza is a Kroger-anchored community shopping center totaling 286,185 square feet on a 24.5-acre site. The property is positioned at a signalized intersection of South Washington Street and Lincoln Road and is currently 89% occupied. Over 1,500 parking spaces support customer access.
Kroger anchors the center and accounts for roughly 18% of GLA and 32% of total revenue. The tenant lineup includes Rural King, Harbor Freight Tools, Chandler Wholesale, and The Best Deal Home Furniture, creating a mix of national and regional retail operators. Tenancies appear supported by long-tenured tenants.
The property has ten vacancies totaling 30,140 square feet, which provides a near-term lease-up opportunity. The rent roll includes below-market rents across portions of the leases.
Kroger anchors the center and accounts for roughly 18% of GLA and 32% of total revenue. The tenant lineup includes Rural King, Harbor Freight Tools, Chandler Wholesale, and The Best Deal Home Furniture, creating a mix of national and regional retail operators. Tenancies appear supported by long-tenured tenants.
The property has ten vacancies totaling 30,140 square feet, which provides a near-term lease-up opportunity. The rent roll includes below-market rents across portions of the leases.
Key Highlights
- 286,185 SF Kroger‑anchored community shopping center in Kokomo, built in 1960
- 89% occupied with 10 vacancies totaling 30,140 SF for near‑term lease‑up potential
- 24.5‑acre site with over 1,500 parking spaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
BP
Shops & Services
4,354 visits/mo
0.3 miles
Sunoco
Shops & Services
3,395 visits/mo
0.3 miles
Krispy Krunchy Chicken
Dining
3,045 visits/mo
0.3 miles
Citgo
Shops & Services
2,971 visits/mo
0.5 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
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Frequently Asked Questions
What type of property is this?
Shopping center - Kroger anchors a community shopping center with 89% occupancy, 24.5 acres, and over 1,500 parking spaces.
Where is this shopping center located?
The property is located at 2821 S Washington St Kokomo, IN.
What are key features of this property?
This property features: 286,185 SF Kroger‑anchored community shopping center in Kokomo, built in 1960; 89% occupied with 10 vacancies totaling 30,140 SF for near‑term lease‑up potential; 24.5‑acre site with over 1,500 parking spaces
