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1205 Main St
Crown Point, IN 46307

$3,263,158 USD

Freestanding For Sale  •  2,350 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,350 SF
  • Lot Size 0.9 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 4.75 %
  • Tenancy Single
0 Transit Score
63 Walk Score

Highlights

Rare 15 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Brand New 2025 High Quality Construction featuring a Drive Thru Pick-Up Lane. Rare Fee Simple Qualifying for Depreciation.
Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations.
Densely Populated and Affluent Northern Indiana Suburb: Average Household Income of $99k+ w/in a 3-Mile Radius and 93k People w/in 5-Mile Radius.
Crown Point’s Steady Population Growth, fueled by New Housing for Families, Professionals, and Retirees, Boosts Demand for Dining and Convenience.
Directly Across from a Jewel-Osco Anchored Retail Center and near Numerous other National Retailers including ALDI, Walgreens, Strack & Van Til, etc.
Cap Rate: 4.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Chipotle 2,350 SF 3/31/2040
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap