Fully Leased Multi-Tenant
417 Arnold Ct, Kokomo, IN 46902
For Sale
$850,000
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 Market49
Property Features for 417 Arnold Ct
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Fortune Companies, Inc
Listed By:
DJ Butcher · License #RB20000053
(765) 860-2591
Source:
Kmsrealestategroup
Added: Sep 22
Changed: Oct 25
Last Checked: Oct 7 at 2:08PM
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.
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.
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
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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
