Lighted Hard Corner on US-31

Lighted Hard Corner on US-31 | Kokomo, IN


Sands Investment Group is Pleased to Exclusively Offer for Sale the 9.87 Acres Lighted Hard Corner on US-31 Asset Located at 3050 West State Road 18 in Kokomo, IN. This Deal Includes a Prime Hard-Corner Gas Station Site at US-31 & IN-18 Lighted Interchange and Site is Improved With Gravel, Fencing and Billboard, Providing For a Secured Investment.

  • Prime Hard-Corner Gas Station Site at US-31 & IN-18 Lighted Interchange
  • Site Has Been Leased For Last 18 Months at $240K/YR For Truck and Construction Equipment Storage, Currently on a MTM Contract
  • Site is Improved With Gravel, Fencing and Billboard
  • US-31 is Major Trucking Route Connecting Indianapolis to South Bend, Through Kokomo
  • Kokomo Has Experienced 31% Population Growth From 45,500 in 2010 to 59,600 in 2020
  • Indiana Maintains One of the Strongest Economies in the Nation and Consistently is Ranked Among the Best Places to Live Nationally
  • Kokomo is Home to $6.3B Stellantis (Chrysler) / Samsung EV Battery Plant Currently in Phase II of Development, Bringing 2,800 High Wage Jobs to the Area
  • Stellantis / Chrysler Invested $155M Retooling Their Kokomo Transmission Factory to Produce Electric Drive Modules (EDM)
  • Jaewon Invested $102M Into Its 1st EV Battery Recycling Plant Capable of Handling 100,000 Tons of Material on 65,000SF, With Plans to Expand to 215,000SF
  • Soulbrain MI is Building a $75M 30,000SF Electrolyte Manufacturing Facility to Support the New Stellantis / Samsung Battery Plant, Producing 33 GWh
  • Sangsin, Largest Brake Manufacturer in South Korea, is Planning a 68,000 SF Manufacturing Facility for EV Battery Components
  • High Visibility With 26,282 VPD on US-31

In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities