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Three-Tenant Retail Strip
For Sale
$850,000

417 Arnold Court Unit 411 - 419, Kokomo, IN 46902

The occupied property includes separate tenant spaces and on-site parking with access to each business.

Property Size10,802 SF
Lot Size1.02 Acres
Price / SF$78.69
Days on Market11

Property Features for 417 Arnold Court Unit 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 1
Tenancy Multi
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 2:55PM

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

Rey
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Investment Insights

Based on property information with market context.

This 10,802-square-foot retail building on 1.02 acres is fully leased to three tenants. The property includes parking and individual access to each tenant space. Roof work included the rear portion of Unit 411 in 2015, its front section in 2019, and Unit 413 in 2017. Air-conditioning units for all three tenants were replaced in conjunction with roof work.

Lease negotiations begin in May 2027, December 2028, and October 2031. Tenants pay for gas, electricity, and internet. The property is located at 417 Arnold Court in Kokomo, Indiana.

Key Highlights

  • 10,802‑square‑foot retail building on 1.02 acres
  • Fully leased to three tenants
  • Parking and separate access for 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby
176k
Monthly Visits Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - The occupied property includes separate tenant spaces and on-site parking with access to each business.
Where is this strip mall located?
The property is located at 417 Arnold Court Unit 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: 10,802‑square‑foot retail building on 1.02 acres; Fully leased to three tenants; Parking and separate access for each tenant space
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