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515 E Southway Blvd
Kokomo, IN 46902
 Tsunami Express Car Wash · Retail Property For Sale

Retail Buildings Indiana Kokomo 515 E Southway Blvd, Kokomo, IN 46902

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INVESTMENT HIGHLIGHTS

  • Over 24 Years Remaining | True Triple Net Lease
  • High Traffic Counts
  • Bonus Depreciation
  • Modern, High-Throughput Car Wash Design

EXECUTIVE SUMMARY

Surmount is pleased to present the exclusive listing for a Tsunami Express Car Wash - Whistle Express Corporate Guaranty located at 515 East Southway Blvd, Kokomo, IN 46908. The site consists of roughly 4,219 rentable square feet of building space on an estimated 0.62-acre parcel of land. The current annual rent is $247,028 and has scheduled increases of 1.90% annually starting 1/1/2030.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,219 SF
Building Class
C
Year Built
2022
Price
$3,952,444
Price Per SF
$936.82
Cap Rate
6.25%
NOI
$247,028
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.62 AC
Frontage
266’ on S Reed Rd

AMENITIES

  • Pylon Sign
  • Signage

  • Listing ID: 38309129

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: 515 E Southway Blvd, Kokomo, IN 46902

The Retail Property at 515 E Southway Blvd, Kokomo, IN 46902 is currently available for Sale. Contact Surmount for more information.

NEARBY LISTINGS

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