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.
Discount Tire & Security Federal ATM
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
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.
