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Kokomo Shopping Center 2122-2240 E Markland Ave 1,200 - 13,606 SF of Retail Space Available in Kokomo, IN 46901
HIGHLIGHTS
- Nearby tenants include: Target, Sam’s Club, Meijer, Hobby Lobby and Walgreens
- Strong daily traffic counts with good household incomes
- Join new tenants: JoAnn Fabrics, Big Lots and Planet Fitness, Walmart Supercenter shadow anchored center
- Us Hwy 31 traffic count is 48,690 and Markland Ave traffic count 29,410
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2172 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2198 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2240 | 10,406 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 2172
1st Floor, Ste 2198
1st Floor, Ste 2240
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 13,606 SF | Total Land Area | 20.47 AC |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Storefront | Parking Ratio | 7.59/1,000 SF |
| Gross Leasable Area | 125,864 SF |
| Total Space Available | 13,606 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 125,864 SF |
| Total Land Area | 20.47 AC |
| Year Built | 1993 |
| Parking Ratio | 7.59/1,000 SF |
ABOUT THE PROPERTY
• 1,200 / 2,000 / 2,200 / 10,406 sf available • Join tenants: JoAnn Fabrics, Big Lots and Planet Fitness • Walmart Supercenter shadow anchored center • Strong daily traffic counts with good household incomes • Nearby tenants include: Target, Sam’s Club, Meijer, Hobby Lobby and Walgreens
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Local | S Goyer Rd, E | 1,088 | 2020 | 0.12 mi |
| East Vaile Avenue | S Goyer Rd, E | 1,064 | 2022 | 0.12 mi |
| East Markland Avenue | Belvedere Dr, W | 10,925 | 2020 | 0.18 mi |
| E Markland Ave | Belvedere Dr, W | 10,587 | 2022 | 0.18 mi |
| Local | E Carter St, N | 6,061 | 2020 | 0.27 mi |
| South Reed Road | S Reed Rd, S | 21,788 | 2022 | 0.31 mi |
| South Goyer Road | E Carter St, N | 4,463 | 2022 | 0.31 mi |
| S Reed Rd | E Vaile Ave, N | 40,198 | 2018 | 0.32 mi |
| Local | Chip Ln, W | 2,202 | 2020 | 0.34 mi |
| East Carter Street | Chip Ln, W | 2,276 | 2022 | 0.34 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
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