Property profile

1700 Boulevard Kokomo, IN 46902

OFF-MARKET
Neighborhood centers
300,000 SF
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Property summary

AI-generated overview

Kokomo Town Center, located at 1700 E Blvd, Kokomo, IN 46902, presents a significant retail investment opportunity. This 300,000 square foot strip center boasts a prime location at SR-931 & East Boulevard, in the heart of Kokomo's retail district. The property features 21,258 square feet of vacant space, divisible to a minimum of 16,575 square feet, with a maximum contiguous space of 20,000 square feet. Ample parking is provided with 2,000 spaces, and convenient access is ensured by five points of ingress and egress at two signalized intersections. The center is anchored by a strong lineup of national tenants including Buffalo Wild Wings, AMC Showplace 12, Chuck E. Cheese's, Panera Bread, T-Mobile, Cosmo Prof, and Discount Tire. Kokomo's robust economy, known as the "City of Firsts," benefits from a rich automotive heritage and a history of technological innovation. The U.S. Department of Labor recognized the Kokomo MSA as having the third-largest employment gain in the U.S. over the past decade. This strong employment base is supported by major employers such as Chrysler (9,706+ employees), General Motors (600 employees), Community Health (1,058 employees), St. Vincent Hospital (850 employees), Haynes International (850 employees), Delphi (600 employees), and Aptiv (600 employees), creating a substantial consumer base for the center.

Property profile

Verified
Property type Neighborhood centers
Total area 300,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Big Box & Wholesale Store

Location

1700 Boulevard Kokomo, IN 46902
Kokomo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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