4001 Lafountain St - Retail FOR SALE
Kokomo, IN 46902 |
$3,031,000 USD
773-279-5390
4001 Lafountain St
Kokomo, IN 46902
HIGHLIGHTS
- ABSOLUTE NNN – Zero landlord responsibilities
- Surrounded by major national retailers including Lowe’s, McDonald’s, Starbucks, and Olive Garden, among others
- Lease features attractive 10% rental increases every 5 years in base term and in each option period,
- Situated on high visibility, signalized intersection of E Alto and S Lafountain Rd which provides exposure to ±16,700 VPD
- 2024 new construction prototype featuring dine in option and state of the art “Chipotlane” drive thru.
FOR SALE DETAILS
PRICE
$3,031,000 USD
PRICE/SF
$1,304 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
-
APN/PARCEL ID
34-09-13-400-013.000-006
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773-279-5390
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773-279-5390
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