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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

$1,270,000
0.87 AC lot
Two‑tenant commercial building with ATI Physical Therapy and a restaurant occupant
0.87‑acre property on Southway Boulevard in Kokomo
C‑2 zoning
NNN lease arrangements associated with both occupants
Central air conditioning and natural gas heat
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Retail
Updated: Jun 11
Retail

2903 S Washington Street, Kokomo, IN 46902

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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

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195,000 sqft

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

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See hot listings in Kokomo

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Team Rehabilitation NNN Property
Team Rehabilitation NNN Property

613 West Lincoln Road, Kokomo, IN 46902

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Physical therapy occupancy is backed by a corporate guaranty and a long-term net lease structure.

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Corporate-Guaranteed CVS Drug Store
Corporate-Guaranteed CVS Drug Store

4026 South 00 EW, Kokomo, IN 46902

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Absolute NNN lease with long-term occupancy and multiple renewal options at a signalized hard-corner site.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

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P1 Dental Partners NNN Property
P1 Dental Partners NNN Property

1315 Smith Street, Logansport, IN 46947

$830,965

NNN property with 8.9 years remaining and an 8.50% cap rate.

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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.

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CVS Leased Investment Opportunity
CVS Leased Investment Opportunity

717 N 3rd St, Logansport, IN 46947

Contact for pricing
10,125 sqft

NNN leased CVS with 15 years remaining on lease.

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Kokomo, IN Nnn Properties Market Trends and Statistics

Explore 5 nnn properties for sale in Kokomo, IN, showcased through 5 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 $1,270,000.

Sale prices for triple net lease properties in Kokomo, IN average $1,270,000 — 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 $1.3M

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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