Value-Add Office Portfolio - Kokomo, IN Office FOR SALE


Kokomo, IN
$3,855,000 USD
248-432-3212
, Kokomo, IN for Sale
$3,855,000 USD
Office - FOR SALE
1/3
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Value-Add Office Portfolio - Kokomo, IN
Kokomo, IN


HIGHLIGHTS

  • Below market rent, according to CoStar Analytics.
  • Next to Stellantis Transmission Plant Which Recently Invested $155M.
  • 29% Population Growth From 2010 to 2000.
  • Kokomo has strong demographics, and a growing economy .

OVERVIEW

Pete Hensoldt and Ryan Reid from Q10| Lutz Investment Sales are pleased to offer for sale the fee-simple interest in a 56,700-square-foot value-added office portfolio in Kokomo, Indiana. The three-building portfolio sits on 5.15-acre parcels (Building A: 2.02 AC, Building B: 1.41 AC, Building M: 1.72 AC) of land and is currently 49% occupied with an anchor tenant of FCA Ascension. This property offers a unique investment opportunity for buyers seeking a stable and reliable income stream with upside through lease up. Ascension has recently extended for 3 years, and their lease currently goes through 6/30/2028.

ASK ABOUT THIS PROPERTY

Peter HensoldtQ10 | Lutz FinancialMore Info
248-432-3212

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Peter HensoldtQ10 | Lutz FinancialMore Info
248-432-3212

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