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4101 S Dixon Rd 3,200 SF 100% Leased Office Building Kokomo, IN 46902 $265,000 ($82.81/SF)
INVESTMENT HIGHLIGHTS
- Priced well below replacement cost
- Ideal for an owner-user to occupy part or all of the building in the future
- Well-maintained asset with minimal capital needs
- Fully leased to two stable tenants with expirations of March 2028 and June 2027
- Opportunity for an investor to raise rents to market as leases expire
EXECUTIVE SUMMARY
Property Description:
Presenting a prime investment opportunity in Kokomo, IN, this 3,200 SF Office Building offers two fully leased units, making it an attractive prospect for investors. Priced below replacement cost, with stable tenants secured until 2027 & 2028. Positioned in the thriving Kokomo area, this property presents a compelling proposition for those looking to capitalize on a solid, income-generating investment.
Location Description:
Discover the vibrant community surrounding this prime Office Building investment opportunity in Kokomo, IN. With convenient access to US-31, this thriving area is home to a range of businesses & amenities. Just minutes from the heart of downtown Kokomo, the location offers a perfect blend of suburban charm & urban convenience. Future tenants will benefit from the nearby retail & entertainment options, providing an attractive environment to draw in employees & clients alike. Don't miss out on this chance to invest in a dynamic & growing business community in Kokomo!
Presenting a prime investment opportunity in Kokomo, IN, this 3,200 SF Office Building offers two fully leased units, making it an attractive prospect for investors. Priced below replacement cost, with stable tenants secured until 2027 & 2028. Positioned in the thriving Kokomo area, this property presents a compelling proposition for those looking to capitalize on a solid, income-generating investment.
Location Description:
Discover the vibrant community surrounding this prime Office Building investment opportunity in Kokomo, IN. With convenient access to US-31, this thriving area is home to a range of businesses & amenities. Just minutes from the heart of downtown Kokomo, the location offers a perfect blend of suburban charm & urban convenience. Future tenants will benefit from the nearby retail & entertainment options, providing an attractive environment to draw in employees & clients alike. Don't miss out on this chance to invest in a dynamic & growing business community in Kokomo!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,200 SF
Building Class
C
Year Built
1981
Price
$265,000
Price Per SF
$82.81
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.20
Lot Size
0.36 AC
Zoning
B-3
Parking
10 Spaces (3.12 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Sale & Company Llc
- Professional, Scientific, and Technical Services
- -
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Sale & Company Llc | Professional, Scientific, and Technical Services | - | - | Triple Net | - |
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PROPERTY TAXES
| Parcel Number | 34-09-15-429-013.000-006 | Improvements Assessment | $234,500 |
| Land Assessment | $43,600 | Total Assessment | $278,100 |
PROPERTY TAXES
Parcel Number
34-09-15-429-013.000-006
Land Assessment
$43,600
Improvements Assessment
$234,500
Total Assessment
$278,100
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4101 S Dixon Rd
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