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    Kokomo, IN
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    Kokomo, IN NNN Properties for Sale

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    Two-Tenant NNN Property
    Updated: Mar 11, 2025
    Two-Tenant NNN Property

    508 E Southway Boulevard, Kokomo, IN 46902

    $1,360,000
    0.87 AC lot
    Two‑tenant commercial building on a 0.87‑acre site
    C‑2 zoning in Kokomo, IN 46902
    Reported 7.8% Cap Rate
    NNN lease structure with established physical therapy and restaurant occupancy
    Security system, carpeting, restrooms, and 220‑volt service
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    Retail
    Updated: Jun 11
    Retail

    2903 S Washington Street, Kokomo, IN 46902

    Contact for pricing
    950 sqft 0.67 AC lot
    Newly constructed 950‑SF Dutch Bros Coffee drive‑thru on about 0.67 acres at 2903 S Washington St, Kokomo, IN
    Absolute NNN lease with zero landlord responsibilities
    Dutch Bros opened and commenced rent in November 2025
    Initial 15‑year base term with 10% rental increases every 5 years plus three 5‑year renewal options
    Property is immediately adjacent to Maplecrest Plaza Kroger with pharmacy, pickup, and fuel center operations
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    Modern Bulk Warehouse NNN
    Modern Bulk Warehouse NNN

    414 E 400 N, Kokomo, IN 46901

    Contact for pricing
    195,000 sqft

    A 2025-built, modern bulk warehouse is offered in a fully leased NNN structure.

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    See what stands out in Howard County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Kokomo, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    NNN Lease Near New Developments
    NNN Lease Near New Developments

    4325 S Western Ave, Marion, IN 46953

    $2,888,889
    1,025 sqft

    NNN property for sale with 15-year absolute lease.

    View details
    Single-Tenant NNN School Building
    Single-Tenant NNN School Building

    18110 Grassy Branch Road, Westfield, IN 46074

    Contact for pricing
    10,875 sqft 2.06 AC lot

    15-year Modified Triple Net lease with scheduled annual rent increases for a dedicated education operator.

    View details
    Drive-Through Restaurant NNN
    Drive-Through Restaurant NNN

    222 E 175th St, Westfield, IN 46074

    Contact for pricing
    3,200 sqft

    Brand new drive-thru restaurant on an absolute NNN lease with 8% increases every five years.

    View details
    NNN Retail Investment Opportunity
    NNN Retail Investment Opportunity

    2015 S Western Ave, Marion, IN

    Contact for pricing
    1,750 sqft 0.53 AC lot

    NNN leased retail property with long-term tenant in place.

    View details

    Kokomo, IN Nnn Properties Market Trends and Statistics

    Explore 3 nnn properties for sale in Kokomo, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 195,950 square feet of properties for sale, with an estimated market value of $1,360,000.

    Sale prices for triple net lease properties in Kokomo, IN average $1,360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 75K
    Population Growth (5Y) -0.9%
    Median Household Income $60,311
    College Educated 12.3%

    High-Yield Neighborhoods for Investment

    Identify Kokomo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46902 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $47.33 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Kokomo fall within the 10,000 to 25,000 square foot range.

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    • 46902
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