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150 Pine Lake Ave
La Porte, IN 46350

Price Upon Request

Restaurant For Sale  •  2,350 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,350 SF
  • Lot Size 1.19 AC
  • Building Class B
  • Year Built 2025
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
62 Walk Score

Highlights

Rare 15-year absolute net lease featuring 10% rental increases every five years throughout the initial term and options.
Brand-new 2025 high-quality construction featuring a drive-thru pick-up lane; a rare fee simple qualifying for depreciation.
Chipotle is one of the largest Mexican restaurant chains in the US in terms of sales and number of locations.
Annual revenue in excess of $11.31 billion, a total net worth of more than $3.65 billion and is ranked #399 on the Fortune 500 list.
The site benefits from steady traffic due to its location along US Route 35 and proximity to Indiana State Road 2.
Directly across from ALDI and near many other national retailers including Kroger, Tractor Supply, Ollie’s Bargain Outlet, Anytime Fitness, and more.

Major Tenants

Tenant SF Occupied Lease End Date
Chipotle 2,350 SF 3/31/2040

Public Transportation

AirportDriveWalkDistance
South Bend International 47 min - 26.2 mi