7 Brew Coffee w/ Dual Dr-Thru | 15 Yr NNN Ground… — Sale in La Porte (Northwest Indiana), IN
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: La Porte (Northwest Indiana), IN 46350
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Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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. Investment Highlights: • 15 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Market Context
This food service in La Porte (Northwest Indiana), IN is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in La Porte (Northwest Indiana), IN — view the full market.
Contact
- Alvin Mansour · (858) 373-3184 · alvin.mansour@marcusmillichap.com
- Julia Evinger · (317) 218-5300
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
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