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Fully Leased Multi-Tenant Storefront
New
For Sale
$850,000

417 Arnold Ct, Kokomo, IN 46902

Three-tenant retail building with on-site parking and direct access to each tenant space.

Property Size10,802 SF
Price / SF$78.69
Days on Market2

Property Features for 417 Arnold Ct

General Information

Standard status Active
Size 10,802 SF

Building Details

Year Built 1968
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Kmsrealestategroup
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 22 at 2:27PM

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

Investment Insights

Based on property information with market context.

Located at 417 Arnold Ct in Kokomo, this 1968 storefront property includes one building with approximately 10,802 square feet on 1.02 acres. The building is fully leased to three separate tenants, with parking available on site and access provided to each tenant area.

Roof improvements include work on the rear portion of Unit 411 in 2015, the front portion in 2019, and Unit 413 in 2017. Air-conditioning systems for all three units were replaced when the respective roof work was completed. Lease terms are scheduled for negotiation beginning in May 2027, December 2028, and October 2031. Tenants are responsible for gas, electric, and internet.

Key Highlights

  • Approximately 10,802 sq. ft. building on 1.02 acres
  • Fully leased to three separate tenants
  • On‑site parking with access to each tenant space

Property Analytics

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Current Use

Integrity Family Counseling Family Counselor Dr. Kevin Dugan Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Electrical Service Skin Care Clinic

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

572
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Home Improvements & Furnishings 27% Groceries 25% Shops & Services 10%
Kroger Groceries
44,586 visits/mo 0.3 miles
Rural King Home Improvements & Furnishings
38,493 visits/mo 0.3 miles
McDonald's Dining
24,145 visits/mo 0.2 miles
Wendy's Dining
13,576 visits/mo 0.3 miles
Burger King Dining
13,571 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Similar Off Market Nearby

  • Kroger Floral Department 2821 S Washington St, Kokomo, IN 46902

Frequently Asked Questions

What type of property is this?
Storefront property - Three-tenant retail building with on-site parking and direct access to each tenant space.
Where is this storefront property located?
The property is located at 417 Arnold Ct 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: Approximately 10,802 sq. ft. building on 1.02 acres; Fully leased to three separate tenants; On‑site parking with access to each tenant space
More about this property
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