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Auto Parts

Discount Tire & Security Federal ATM

1854 E Blvd, Kokomo, IN 46902

Listing Price: $1,781,300

Cap Rate
5.25%
Tenant Name
Discount Tire
Years Remaining On Lease
7.5
Guarantor
Corporate Guarantee
Rentable SF
8,010
Lease Type
Double Net
Rent Per Square Feet
$11.68

Investment Overview

Marcus & Millichap is pleased to present the Discount Tire in Kokomo, IN.

Investment Highlights

  • 7+ Years Remaining with Annual Rent Increases, Limited Landlord Responsibilities
  • 38-Year Operating History at this Location, Proven Concept in the Trade Area
  • Strong Corporate Guaranty with 1,000+ Locations
  • Security Federal Savings Bank ATM Provides Additional Income
  • Serving a Large Trade Area of Over 100,000 Residents, 57 Miles North of Downtown Indianapolis
  • Adjacent to Chrysler's 3.1 Million SF Transmission Plant with 4,031 Employees, Chrysler Recently Invested $400 Million to Transform Plant
  • Outparcel to Recently Redeveloped Kokomo Town Center Anchored by Gabe's and AMC Showplace 12
  • Across from Regional Power Center Anchored by Kohl's, TJ Maxx, Old Navy, Petco, and ULTA

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Auto Parts

Discount Tire & Security Federal ATM

Listing Price: $1,781,300

Cap Rate
5.25%
Tenant Name
Discount Tire
Years Remaining On Lease
7.5
Guarantor
Corporate Guarantee
Rentable SF
8,010
Lease Type
Double Net
Rent Per Square Feet
$11.68

Investment Highlights

  • 7+ Years Remaining with Annual Rent Increases, Limited Landlord Responsibilities
  • 38-Year Operating History at this Location, Proven Concept in the Trade Area
  • Strong Corporate Guaranty with 1,000+ Locations
  • Security Federal Savings Bank ATM Provides Additional Income
  • Serving a Large Trade Area of Over 100,000 Residents, 57 Miles North of Downtown Indianapolis
  • Adjacent to Chrysler's 3.1 Million SF Transmission Plant with 4,031 Employees, Chrysler Recently Invested $400 Million to Transform Plant
  • Outparcel to Recently Redeveloped Kokomo Town Center Anchored by Gabe's and AMC Showplace 12
  • Across from Regional Power Center Anchored by Kohl's, TJ Maxx, Old Navy, Petco, and ULTA

Investment Overview

Marcus & Millichap is pleased to present the Discount Tire in Kokomo, IN.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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