Value-Add Restaurant | Kokomo, IN
Sands Investment Group is Pleased to Present Exclusively For Sale the 8,259 SF Value-Add Restaurant NN Asset Located at 2909 South Reed Road in Kokomo, IN. This Deal Includes Below Market Rents, With 2 Years Remaining on the Lease and is Located on Kokomo’s Busiest Street, Seeing 38,000 VPD in a Primary Retail Corridor, Providing For a Unique Investment.
- Below Market Rents With 2 Years Remaining on Lease
- 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 to Produce Electric Drive Modules (EDM) For Their Electric Vehicles
- Restaurant & Kitchen Equipment Included in Sale – Liquor License Available For Additional Fee
- Currently Built Out For Mexican Restaurant
- 29% Population Growth From 46,100 in 2010 to 59,600 in 2020
- On Pedestrian “Industrial Heritage Trail” Connecting Site to Motel 6, Hampton Inn, Baymont By Wyndham, Best Western & Stellantis Transmission Plant
- High Visibility Location With Signage Rights & Access From Reed Rd (38,255 VPD) & Lincoln Rd (10,913 VPD)
- 45 Minutes North of Indianapolis
- Indiana Maintains One of the Strongest Economies in the Nation and Consistently is Ranked Among the Best Places to Live Nationally
- Less Than 10 Minutes From Haynes International Inc. (NYSE: HAYN) Headquarters, an Alloy Manufacturer and Part of S&P 600
- Samsung & Stellantis Investing $6.3B (1,400 New High-Wage Jobs) Into Electric Vehicle Battery Factories Down the Street on Reed Rd
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918
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