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Restaurant

Net Lease Fine Dining Near Notre Dame

320 E Colfax Ave, South Bend, IN 46617

Listing Price: $5,238,500

Cap Rate
5.25%
Tenant Name
Navarre Hospitality Group
Years Remaining On Lease
8.0
Guarantor
Corporate Guarantee
Rentable SF
7,800
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.26

Investment Overview

Subject is a 7,800 Square-Foot Fine Dining Establishment with Patio Overlooking the St. Joseph River and South Bend Museum of Art. The Triple Net Lease is Guaranteed by the Navarre Hospitality Group, the Premier Award Winning Fine Dining Restauranteur in Northern Indiana and Southern Michigan. The lease has Eight Years Remaining While Hitting its Percentage Rent Cap Every Year.

Investment Highlights

  • Cascade Sits 1.5 Miles South of the University of Notre Dame, Which Generates an Estimated $3.3 Billion in Annual Economic Impact to the South Bend Region
  • Construction is Beginning on the Second Luxury Mixed-Use Tower, Adding to the Already Strong Local Demographics
  • Thriving Community with an Average Household Income of Over $74K within One Mile of the Subject Asset, as of 2025
  • Subject Sits in Downtown South Bend with a Population of 103k
  • Parks and Outdoor Recreational Facilities Nearby Include: Seitz Park, South Bend Museum of Art, Morris Performing Arts Center, Bendix Arena, Burke Golf Course, Notre Dame Stadium, and More

Exclusively Listed By

Broker of Record

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s) IN: RB14040143

    Indiana

Restaurant

Net Lease Fine Dining Near Notre Dame

Listing Price: $5,238,500

Cap Rate
5.25%
Tenant Name
Navarre Hospitality Group
Years Remaining On Lease
8.0
Guarantor
Corporate Guarantee
Rentable SF
7,800
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.26

Investment Highlights

  • Cascade Sits 1.5 Miles South of the University of Notre Dame, Which Generates an Estimated $3.3 Billion in Annual Economic Impact to the South Bend Region
  • Construction is Beginning on the Second Luxury Mixed-Use Tower, Adding to the Already Strong Local Demographics
  • Thriving Community with an Average Household Income of Over $74K within One Mile of the Subject Asset, as of 2025
  • Subject Sits in Downtown South Bend with a Population of 103k
  • Parks and Outdoor Recreational Facilities Nearby Include: Seitz Park, South Bend Museum of Art, Morris Performing Arts Center, Bendix Arena, Burke Golf Course, Notre Dame Stadium, and More

Investment Overview

Subject is a 7,800 Square-Foot Fine Dining Establishment with Patio Overlooking the St. Joseph River and South Bend Museum of Art. The Triple Net Lease is Guaranteed by the Navarre Hospitality Group, the Premier Award Winning Fine Dining Restauranteur in Northern Indiana and Southern Michigan. The lease has Eight Years Remaining While Hitting its Percentage Rent Cap Every Year.

Exclusively Listed By

Broker of Record

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s): IN: RB14040143

    Indiana

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