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Property profile & analytics
FOR LEASE
Retail space

300 E Southway Blvd Kokomo, IN 46902

10,488 SF 1.63 ac lot Built 1979
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US31-0207038
300 E Southway Blvd, Kokomo, IN 46902 For Lease
$12 SF/Yr 5,047 SF available
300 E Southway Blvd, Kokomo, IN 46902
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Property summary
AI-generated overview

This exceptional 10,567 square foot single-tenant office building, located at 300 E Southway Blvd in Kokomo, Indiana, presents a unique investment opportunity. Originally a bank, this property underwent a complete renovation in 2022, transforming it into a modern and efficient office space. The building, constructed in 1979, sits on a spacious 1.62-acre lot and features a single story with 9-foot ceilings. The property boasts 46 parking spaces for ample tenant and visitor convenience. The layout includes several adaptable spaces, each approximately 1380 square feet, created from former drive-thru bays. Additionally, there's a larger 5,047 square foot area available, offering flexibility for various business needs. These spaces can be leased individually or combined to accommodate larger tenants. All spaces are currently finished with white box interiors, ready for immediate occupancy. The building offers high visibility from its prominent location, making it ideal for businesses seeking strong brand exposure. There are no loading docks or elevators in the building. This property is a rare find in Kokomo, offering a blend of modern amenities and a convenient location. The property's size and layout provide significant potential for a variety of businesses. The ample parking and high visibility make this an attractive option for businesses seeking a strong presence in the Kokomo market. The zip code is 46902.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction TYPE NOT SPECIFIED
Total area 10,488 SF
Lot 1.63 ac (71,133 SF)
APN 34-09-13-228-017.000-006
UPID US31-0207038
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
  • Herbst Pharmacy Pharmacy
  • Tag-Team Collectibles (Bike/Boat/Book/etc) Store
  • Herbst Pharmacy - Southway Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Char Bar Maple LLC · 14 yrs held
Char Bar Maple LLC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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