Contact

Kokomo, IN 46902

Rally's Ground Lease

Property Address

1825 East Hoffer Street, Kokomo, IN, USA

Offering Summary

  • Price: $1,200,000
  • Lot Size: .55 Acres
  • Year Built: 2004
  • Building SF: 1,000
  • Status: Closed
Download Brochure Submit Offer
  • New 15-Year Lease Extension, 7.5% Rental Increases Every Five Years
  • Absolute NNN Ground Lease with No Landlord Responsibilities
  • 18-Year Operating History at this Location, Proven Concept in the Trade Area
  • Strong Corporate Guaranty with 847+ Locations, Projected to Open 60 Locations in 2022
  • 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

View All Listings