Three-Tenant Retail Strip
New
For Sale
$850,000
417 Arnold Court #411 - 419, Kokomo, IN 46902
The property is fully occupied by three tenants, with parking and separate access for each business.
Property Size10,802 SF
Lot Size1.02 Acres
Price / SF$78.69
Days on Market5
Property Features for 417 Arnold Court #411 - 419
General Information
Standard status
Active
Size
10,802 SF
Lot size
1.02 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1968
Buildings
3
Stories
1
Tenancy
Multi
Listing Agency:
Fortune Companies, Inc
Listed By:
DJ Butcher · License #RB20000053
(765) 860-2591
Source:
Castleonerealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:39PM
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 Fortune Companies, Inc
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Investment Insights
Based on property information with market context.
Built in 1968, this retail center contains approximately 10,802 square feet in one building on a 1.02-acre parcel. Three tenants occupy separate spaces, and the site provides parking and access for each business. The property is fully leased.
Roof work includes replacement of the rear section of unit 411 in 2015 and its front section in 2019, along with a roof replacement at unit 413 in 2017. Air conditioning was replaced in all three spaces in conjunction with the roof work. Lease negotiations can begin in May 2027, December 2028, and October 2031, respectively. Tenants pay for gas, electricity, and internet service.
Roof work includes replacement of the rear section of unit 411 in 2015 and its front section in 2019, along with a roof replacement at unit 413 in 2017. Air conditioning was replaced in all three spaces in conjunction with the roof work. Lease negotiations can begin in May 2027, December 2028, and October 2031, respectively. Tenants pay for gas, electricity, and internet service.
Key Highlights
- Three occupied retail spaces in one building
- Approximately 10,802 square feet on 1.02 acres
- Lease negotiations can begin in May 2027, December 2028, and October 2031
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Strip mall - The property is fully occupied by three tenants, with parking and separate access for each business.
Where is this strip mall located?
The property is located at 417 Arnold Court #411 - 419 Kokomo, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three occupied retail spaces in one building; Approximately 10,802 square feet on 1.02 acres; Lease negotiations can begin in May 2027, December 2028, and October 2031
