Restaurant
Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | NW Indiana
150 Pine Lake Ave, La Porte (Northwest Indiana), IN 46350
Listing Price: $2,999,000
Investment Overview
La Porte, Indiana, is a growing city in northwest Indiana known for its small-town charm, scenic lakes, and convenient access to major highways. Located near Pine Lake, one of the area’s largest recreational attractions, the city draws both locals and visitors who enjoy outdoor activities such as boating, fishing, and hiking. The presence of Pine Lake and other nearby parks makes La Porte a popular destination, especially during the warmer months, increasing foot traffic and potential customers for nearby businesses.
The area around Pine Lake Avenue is a key commercial corridor with a mix of national retailers, restaurants, and local businesses. It benefits from steady traffic due to its proximity to U.S. Route 35 and Indiana State Road 2, which connect La Porte to larger cities like South Bend and Michigan City. This accessibility makes the area a prime spot for retail and dining establishments catering to both residents and travelers passing through.
La Porte has a strong and stable economy, with a mix of industrial, healthcare, and retail sectors. The presence of major employers in the region, including hospitals and manufacturing plants, ensures a steady workforce population that contributes to the local dining scene. The city is also experiencing gradual population growth, with new housing developments attracting families and young professionals looking for affordable living outside larger metropolitan areas.
Another key factor supporting business success in La Porte is its investment in infrastructure and community development. The city has made efforts to revitalize its downtown and commercial districts, encouraging more businesses and residents to the area. La Porte’s community-oriented atmosphere, combined with a growing interest in modern dining options, creates an ideal environment for fast-casual restaurants to thrive.
Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | NW Indiana
Investment 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.
- Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations, w/ an Annual Revenue in Excess of $11.31 Billion, a Total Net Worth of more than $3.65B.
- The Site benefits from steady Traffic Due to its location along U.S. Route 35 and proximity to Indiana State Road 2, which connect La Porte to larger cities such as South Bend and Michigan City.
- Directly Across ALDI and near Numerous other National Retailers including Kroger, Tractor Supply, Ollie's Bargain Outlet, Anytime Fitness and more. Walking Distance from Northwest Health La Porte Acute Care Hospital (84 Private Inpatient Rooms).
- Positioned Along Area's Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 30k Vehicles. Immediate access to I-90, the longest U.S. Interstate, connecting Seattle to Boston.
- Located near One of the World's Largest Regional Economies, Chicago, to the West, and South Bend, Home to the University of Notre Dame, to the East, providing Strong Economic and Educational Connections.
- Northwest Indiana is quickly becoming a Major Tech Hub, especially for New Data Centers and AI Tech. Microsoft is Building a $1B Data Center in La Porte and Amazon an $11B Data Center Campus nearby.
- Near Pine Lake, a Major Recreational Attraction, the City Attracts Locals and Visitors for Boating, Fishing, and Hiking, Boosting Foot Traffic and supporting nearby Businesses, especially During Peak Seasons. The Presence of Pine Lake and other nearby Parks makes La Porte a Popular Destination, especially during the warmer Months, increasing Foot Traffic and Potential Customers for nearby Businesses.
Exclusively Listed By
Broker of Record
Financing By
Restaurant
Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | NW Indiana
Listing Price: $2,999,000
Investment 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.
- Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations, w/ an Annual Revenue in Excess of $11.31 Billion, a Total Net Worth of more than $3.65B.
- The Site benefits from steady Traffic Due to its location along U.S. Route 35 and proximity to Indiana State Road 2, which connect La Porte to larger cities such as South Bend and Michigan City.
- Directly Across ALDI and near Numerous other National Retailers including Kroger, Tractor Supply, Ollie's Bargain Outlet, Anytime Fitness and more. Walking Distance from Northwest Health La Porte Acute Care Hospital (84 Private Inpatient Rooms).
- Positioned Along Area's Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 30k Vehicles. Immediate access to I-90, the longest U.S. Interstate, connecting Seattle to Boston.
- Located near One of the World's Largest Regional Economies, Chicago, to the West, and South Bend, Home to the University of Notre Dame, to the East, providing Strong Economic and Educational Connections.
- Northwest Indiana is quickly becoming a Major Tech Hub, especially for New Data Centers and AI Tech. Microsoft is Building a $1B Data Center in La Porte and Amazon an $11B Data Center Campus nearby.
- Near Pine Lake, a Major Recreational Attraction, the City Attracts Locals and Visitors for Boating, Fishing, and Hiking, Boosting Foot Traffic and supporting nearby Businesses, especially During Peak Seasons. The Presence of Pine Lake and other nearby Parks makes La Porte a Popular Destination, especially during the warmer Months, increasing Foot Traffic and Potential Customers for nearby Businesses.
Investment Overview
La Porte, Indiana, is a growing city in northwest Indiana known for its small-town charm, scenic lakes, and convenient access to major highways. Located near Pine Lake, one of the area’s largest recreational attractions, the city draws both locals and visitors who enjoy outdoor activities such as boating, fishing, and hiking. The presence of Pine Lake and other nearby parks makes La Porte a popular destination, especially during the warmer months, increasing foot traffic and potential customers for nearby businesses. The area around Pine Lake Avenue is a key commercial corridor with a mix of national retailers, restaurants, and local businesses. It benefits from steady traffic due to its proximity to U.S. Route 35 and Indiana State Road 2, which connect La Porte to larger cities like South Bend and Michigan City. This accessibility makes the area a prime spot for retail and dining establishments catering to both residents and travelers passing through. La Porte has a strong and stable economy, with a mix of industrial, healthcare, and retail sectors. The presence of major employers in the region, including hospitals and manufacturing plants, ensures a steady workforce population that contributes to the local dining scene. The city is also experiencing gradual population growth, with new housing developments attracting families and young professionals looking for affordable living outside larger metropolitan areas. Another key factor supporting business success in La Porte is its investment in infrastructure and community development. The city has made efforts to revitalize its downtown and commercial districts, encouraging more businesses and residents to the area. La Porte’s community-oriented atmosphere, combined with a growing interest in modern dining options, creates an ideal environment for fast-casual restaurants to thrive.
Exclusively Listed By
Broker of Record
-
Josh Caruana
First Vice President/District Manager
Financing By
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