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Conventional Restaurant with New Roof
For Lease
$3,900/Mo

909 Belvedere Dr, Kokomo, IN 46901

Recently updated exterior, dedicated parking, and nearby national food and retail operators define this restaurant property.

Space SizeContact for details
Days on Market39

Property Features for 909 Belvedere Dr

General Information

Standard status Active

Building Details

Year Built 1970
Listing Agency: Fortune Companies, Inc
Listed By: DJ Butcher · License #RB20000053
Source: Kmsrealestategroup
Added: Jul 26 Changed: Aug 30 Last Checked: Sep 1 at 9:26PM

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.

This conventional restaurant building contains approximately 4,627 square feet and was constructed in 1970. Recent exterior work includes fresh paint and installation of a new metal roof. The property also includes its own parking lot, providing dedicated on-site parking for the building.

The restaurant is located at 909 Belvedere Dr in Kokomo, Indiana, near Markland Mall, Wal-Mart, Meijer, Raising Cane's, Popeye's, McDonald's, Sonic, and Chipotle. Its surrounding commercial setting places the property among established retail and food-service operators.

Key Highlights

  • Approximately 4,627 square feet of restaurant space
  • New metal roof and freshly painted exterior
  • Dedicated parking lot included with the property

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Dental Office Storage Facility Garden Center

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

NNN (Triple Net)
Lease Type
$1.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby
664k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 30% Shops & Services 26% Dining 22% Groceries 13%
Walmart Superstores
113,460 visits/mo 0.1 miles
Meijer Groceries
85,793 visits/mo 0.4 miles
Sam's Club Superstores
84,359 visits/mo 0.3 miles
Hobby Lobby Shops & Services
43,522 visits/mo 0.3 miles
Dunham's Sports Apparel
30,336 visits/mo 0.4 miles

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recently updated exterior, dedicated parking, and nearby national food and retail operators define this restaurant property.
Where is this conventional restaurant located?
The property is located at 909 Belvedere Dr Kokomo, IN.
What is the lease rate?
The lease rate is $3,900/Mo.
What are key features of this property?
This property features: Approximately 4,627 square feet of restaurant space; New metal roof and freshly painted exterior; Dedicated parking lot included with the property
More about this property
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