Long-Term Absolute NNN Leased Wendy's 2085 N Reed Rd Local commercial 240 m² À vendre Kokomo, IN 46901 1 663 913 € (6 928,51 €/m²) Taux de capitalisation 6,50 %

The Kase Group is pleased to present the opportunity to acquire a Wendy’s located
in Kokomo, Indiana. The property features a recently remodeled ±2,580 SF
freestanding building situated along North Reed Road, offering excellent visibility,
strong frontage, and ease of ingress and egress. The location benefits from
immediate proximity to Kokomo’s dominant retail corridor, home to Markland Mall,
Markland Plaza, and Kokomo Town Center.
The property is secured by an Absolute NNN lease with zero landlord
responsibilities, operated by Wendy’s of Bloomington, Inc.. The lease commenced
in January 2017 and extends through January 2037, with no renewal options. A
complete remodel was completed, aligning the store with Wendy’s latest brand
standards.
The surrounding trade area includes a strong mix of national retailers such as
Walmart, Sam’s Club, Target, Meijer, Aldi, PetSmart, JoAnn Fabrics, Big Lots, Planet
Fitness, and Gabe’s, driving consistent daily traffic and reinforcing the property's
long-term viability. Additionally, nearby access to Highway 931 and State Route 22
provides convenient regional connectivity.