2905 S Reed Rd - Fast Food FOR SALE


Kokomo, IN 46902
$800,000 USD
754-255-6993
2905 S Reed Rd, Kokomo, IN for Sale
$800,000 USD
Fast Food - FOR SALE
1/5
null | Request Cap Rate

2905 S Reed Rd
Kokomo, IN 46902


HIGHLIGHTS

  • C2 Zoning – Medium to Large Scale General Commercial
  • On Pedestrian “Industrial Heritage Trail” Connecting Site to Motel 6, Hampton Inn, Baymont by Wyndham, Best Western & Stellantis Transmission Plant
  • 29% Population Growth From 46,100 in 2010 to 59,600 in 2020
  • On Kokomo’s Busiest Street (38K VPD) – Primary Retail Corridor
  • Next to Stellantis / Chrysler Transmission Plant (2,900 Jobs) Which Recently Invested $155M Retooling Their Factory
  • Signage Rights & Access From Reed Rd (38,255 VPD) & Lincoln Rd (10,913 VPD)

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,340 SF QSR Redevelopment Site Owner-User Located at 2905 South Reed Road in Kokomo, IN. This Deal is Next to Stellantis / Chrysler Transmission Plant (2,900 Jobs) Which Recently Invested $155M Retooling Their Factory to Produce Electric Drive Modules (EDM) For Their Electric Vehicles and Located on Kokomo’s Busiest Street (38K VPD) – Primary Retail Corridor, Providing For a Secured Investment. In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$597 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

QSR Redevelopment Site | Kokomo, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

34-10-07-402-010.000-002

ASK ABOUT THIS PROPERTY

Mark HebertSands Investment GroupMore Info
754-255-6993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark HebertSands Investment GroupMore Info
754-255-6993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.