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Property profile & analytics
FOR LEASE
Outlet malls

2301 E Markland Ave Kokomo, IN 46901

209,854 SF 23.75 ac lot Built 1995
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1576328
Property summary
AI-generated overview

This exceptional retail opportunity presents 350 square feet of in-store space within a high-traffic Meijer location in Howard County. Benefit from a prime, front-of-store position ensuring unparalleled visibility and access to thousands of weekly shoppers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying your operational costs. This "store-within-a-store" concept offers significant advantages, including interior and exterior branding opportunities via signage, maximizing your exposure to Meijer's established customer base. The location boasts exceptional demographics within a thriving trade area. This space is ideal for a variety of businesses, including but not limited to financial institutions, food and beverage vendors, service businesses, health and wellness providers, and insurance or real estate offices. Multiple similar vacancies exist in Meijer stores across key Midwest markets. This turnkey solution provides immediate access to a built-in customer base and a streamlined operational structure. Contact us to learn more about this unique opportunity to establish your business within one of the Midwest's most recognizable retail destinations.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1995
Construction TYPE NOT SPECIFIED
Total area 209,854 SF
Lot 23.75 ac (1,034,550 SF)
APN 34-10-05-126-008.000-002
UPID US31-1576328
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Flux Tech Solutions of Kokomo Computer & Electronic Repair Tech Support Center
  • Tesla Supercharger Electric Vehicle Charging Station
  • Primo Water Refill & Exchange Big Box & Wholesale Store
  • Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
  • Meijer Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.42M
Blend (final) Blend
$17.66M
Owner & transaction history
MEIJER STORES
MEIJER STORES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $22.9M +26.2%
Auto repair, garage $20.3M +11.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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