Kokomo, IN 46902

Chuck E. Cheese Ground Lease

Property Address

1919 South Reed Road, Kokomo, IN, USA

Offering Summary

  • Price: $1,500,000
  • Lot Size: .73 Acres
  • Cap Rate: 6.20%
  • Year Built: 2003
  • Building SF: 9,924
  • Status: In Escrow
Download Brochure Submit Offer
  • 5 Years Remaining, Absolute NNN Ground Lease with No Landlord Responsibilities
  • 19-Year Operating History at this Location, Proven Concept in the Trade Area
  • Corporate Guaranty, World’s Largest Family Entertainment Center with 720 Locations in 47 States and 16 Countries
  • Well Below Replacement Cost at $151/SF and Below Market Rent at $9.37/SF
  • Serving a Large Trade Area of Over 100,000 Residents, 57 Miles North of Downtown Indianapolis
  • Adjacent to Chrysler's 3.1 Million SF Transmission Plant with 4,031 Employees, Chrysler Recently Invested $400 Million to Transform Plant
  • Outparcel to Recently Redeveloped Kokomo Town Center Anchored by Gabe's and AMC Showplace 12
  • Across from Regional Power Center Anchored by Kohl's, TJ Maxx, Old Navy, Petco, and ULTA

Broker Information